Is the rate cut residual momentum fading? Is the bullish trend disappearing?

This morning, the highly anticipated final Federal Reserve interest rate decision for 2025 was announced. As widely expected, the Fed announced a 25 basis point rate cut. However, this pre-announced "dovish" move triggered intense volatility in the cryptocurrency market due to its hawkish signals regarding future policy paths.

Immediately after the decision, Federal Reserve member $BTC publicly criticized the rate cut, saying the reduction was "too small" and reiterated the desire for much lower interest rates. Meanwhile, discussions about the next Fed chair intensified, with leading candidate Haskett expressing support for more aggressive rate cuts. This political pressure on monetary policy adds new uncertainties regarding the future independence and direction of central bank policies.

The pullback from recent highs is due to US Treasury bond reasons, but currently the market has not broken below support levels, and the larger timeframe still expects a rebound.

$ETH Bitcoin can be bought in the 89300-89700 range, targeting 91500, with a break potentially reaching 93000-94000!

#加密市场反弹 Altcoins can focus on entering long positions around 3150-3180, with targets at 3250, and a break above could aim for 3350-3430 line.