Market Outlook Expectations for the FOMC The most likely scenario right now is a 25 basis point cut, with a very high probability of over 90%. The market has already fully priced in a 25 basis point cut, but a rate cut can still release more liquidity. The market has already jumped the gun ahead of the FOMC, and a 25 basis point cut may continue to drive prices up. However, the current market situation is characterized by widespread preemptive buying, and cryptocurrencies like Bitcoin have reached key resistance levels. Therefore, I believe there will still be a pullback, mainly due to profit-taking by bulls and the liquidation of high leverage positions, but not because of a deterioration in the fundamentals. Thus, the market will not simply rise directly to 150,000. Overall, the market environment has shifted to a bullish bias, so after a pullback, it will continue to rise. I expect to observe whether we can break through the key level of 117,900 tonight. If we break through,...
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