**The Fed Stays Firm: Rate Cut Hopes Fade 📉**

Markets are now pricing an 80.1% chance that the Federal Reserve holds rates steady in January. Expectations for cuts are collapsing fast, with a 25 basis point cut sitting at just 19.9%, underscoring how quickly the dovish pivot narrative has faded.

By March, probabilities remain fragmented. There's a 44.7% chance for a single cut, a 47.1% chance for no change, and only 8.2% for a deeper move.

For risk assets, the message is clear: policy relief is now uncertain, likely delayed, and no longer the base case scenario. Prepare for continued volatility. ⚠️

$BTC $ETH #FOMC_Decision