Goldman's FICC department's latest assessment shows that the Fed's interest rate cut in December is almost a done deal.

📊 The core logic is quite straightforward.
The labor market continues to weaken, and coupled with the real demand for risk management, lowering interest rates in December is the most reasonable choice. The market has already priced in this expectation, and the data vacuum period has actually made the consensus more solid.

According to Goldman Sachs' projection, the rate cut will be initiated in December, followed by a reassessment in January based on three non-farm payroll data reports. This marks the Fed's official entry into a "preemptive" easing rhythm, and traditional institutions are already moving ahead to position themselves in assets sensitive to liquidity.

⚡ What does it mean for the crypto market?
This could be a real turning point. Once the liquidity suppressed by two years of tightening cycles is released, the imagination space for off-market funds entering the scene is opened up. Will Bitcoin's narrative as a macro hedging tool be picked up again by institutions? This is a direction worth keeping an eye on.

The FOMC meeting in December may set the tone for next year. Historically, during several liquidity shifts, digital assets have had good performance windows.

💬 Do you think this policy shift can push BTC to break through the previous high? Is it time to buy in or wait for a pullback? Share your thoughts.