Wintermute: The expectation of this interest rate cut has been gradually digested by the market, and BTC is unlikely to fluctuate violently
According to analysis by crypto market maker Wintermute, with the Federal Reserve likely to announce a 25 basis point interest rate cut tomorrow, Bitcoin traders are looking to the six previous similar rate cuts since 2019 to predict market reactions. Historical data shows that unexpected dovish shifts often trigger significant Bitcoin volatility in fragile markets. However, compared to past expectations, this rate cut has been gradually priced in by the market, and the current macroeconomic environment is robust. Bitcoin has recently performed steadily, rising only 2.6% in 14 days, with no signs of frenzy in market sentiment. Analysts suggest that this rate cut is likely to lead to a moderate, liquidity-driven rally rather than sharp fluctuations.