#Gate广场圣诞送温暖

Three major positive factors have suddenly aligned, and the market direction and logic may really be about to change—a new round of market action could be right in front of us:

1. Major Technical Upgrade: The latest Ethereum upgrade is complete, with a core change requiring all Layer2 transactions to pay fees to the mainnet and burn ETH. This means the more active the ecosystem and the more L2 is used, the faster ETH is burned, directly enhancing its scarcity. Previously, a growing ecosystem didn't benefit the mainnet much, but that's completely changed now.

2. Regulatory Easing: The former chairman of the US SEC has revealed that the Bitcoin market structure bill is close to passing. Although he's no longer in office, his words carry weight. This shows that barriers for crypto to integrate into mainstream finance are being cleared, the compliance process is accelerating, and it will be smoother for large capital to enter in the future.

3. Major Macro Tailwind: According to the latest data, the market sees the probability of a Fed rate cut soon approaching 90%! If rates are cut, global capital will favor risk assets even more. Assets like Bitcoin, which have anti-inflation and tech properties, will definitely receive greater attention.