The day after the Federal Reserve cut interest rates, global market trends changed dramatically—gold, silver, Bitcoin, and U.S. stock futures all fell, giving back most of the gains from the previous trading day.

After a day of calm, investors finally realized that the biggest signal from this Fed meeting is that "the current rate-cutting cycle may be coming to an end."

· First, this is not an ordinary rate cut, but a "rate cut amidst disputes"—the decision to cut rates was passed this week with a 3-vote opposition, but this also means it will be difficult to reach a consensus in future meetings.

· Second, the "New Federal Reserve News Agency" stated that the carefully considered post-meeting statement from the Fed suggests that the threshold for further rate cuts is higher, similar to the approach taken a year ago after the rate cut when they shifted to a wait-and-see stance.

· Third, major Wall Street banks have already reduced their expectations for rate cuts; JPMorgan expects the Fed will only cut rates once more next year, and HSBC even predicts there will be no rate cuts in the next two years.