🚀 Wintermute: The Market Is Absorbing Macroeconomic Uncertainty, Not Entering a Downtrend
📊 Market overview:
The market is in an accumulation phase. Bitcoin is retesting recent lows under strong macro-driven pressure. There has been no strong year-end rally as many expected; instead, the market is showing fatigue, capital rotation, and risk reduction.
📈 Macroeconomic factors:
👉 Federal Reserve (Fed): Cut rates by 25 bps as expected and ended QT. The dot plot now implies only one more rate cut in 2026.
👉 Bank of Japan (BoJ): Expected to raise rates to 0.75% (the highest level in 30 years) and sell ETFs, effectively withdrawing global liquidity.
⚡️AI narrative deflation:
The technology sector—especially AI—is being re-priced. This may indirectly impact crypto, but a gradual cooling in AI could ultimately be beneficial for crypto markets.
🕒 Short-term outlook:
Prices may move within a wider range, creating opportunities to accumulate gradually at lower levels. Positive news for the crypto market is expected in the near term.
🎯 Conclusion:
Investors should be selective and cautious with positioning, rather than making aggressive bets in either direction (bullish or bearish).
