#BTC是否会突破12万 I think this week
#BTC有望突破12万 there are two major pieces of information in the market:
1. The Federal Reserve lowered the benchmark interest rate by 25 basis points to 3.75%-4.00%, marking the second consecutive meeting of rate cuts, in line with market expectations.
2. The Federal Reserve FOMC statement announced that it will end the balance sheet reduction on December 1. (Currently reducing $5 billion in U.S. Treasuries and $35 billion in MBS each month)
Federal Reserve FOMC Statement: After ending the balance sheet reduction on December 1, the principal redemption of mortgage