Looking back at the past, having experienced several Federal Reserve rate hike cycles, this time's interest rate policy shift has brought back many memories. Institutions like Societe Generale and Goldman Sachs predict that the Fed will continue to cut rates next year, which reminds me of the rate cuts following the bursting of the internet bubble in 2000. At that time, under economic recession pressures, the Federal Reserve had to quickly shift to easing. However, the current situation is somewhat different, as inflation remains a major issue. From historical experience, too rapid rate cuts could reignite inflation. I believe the Fed will be more cautious this time and may adopt a gradual rate reduction strategy. For the crypto market, a declining interest rate cycle is usually positive, but we should not be blindly optimistic. Remember the ultra-low interest rates after the 2008 financial crisis, which led to the birth and rise of Bitcoin. Today, the market has changed dramatically; we still need to closely monitor changes in economic fundamentals and proceed cautiously.

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