This year's interest rate cuts are mainly around "dovish cuts, hawkish speeches"

The three interest rate cuts in the second half of the year, on September 18/October 29/December 10, the first official interest rate cut [closing price on the day after Powell's speech] had a drop of -2%, followed by a wave of a 10,000 point drop (from 117k - 108k)

As for the second interest rate cut, (-4.2% vs prior to the meeting) it subsequently opened up a -27% daily drop (from 110k -> 80k)

The third interest rate cut, (-5.03% vs prior to the meeting) is currently maintained at 89k, and it is expected to initiate a new wave of declines $BTC $ETH