#数字资产生态回暖 $BTC $ETH $ASTER Tonight's going to be a sleepless night, everyone! The Federal Reserve's rate decision is coming soon, and crypto traders are waiting for this critical moment at 3 a.m.

$BTC breaking 100K, ETH stabilizing above $4000—these gains are just the beginning, the real show is happening inside the Federal Reserve's meeting room.

The market is betting that the Fed will cut rates by 25 basis points for the third time, but the key this time isn't whether they cut or not, it's that language hiding a knife—so-called **"hawkish rate cut."**

Inside the Fed, there's already a rift: one side saying weak employment data justifies easing, the other holding tight on inflation not hitting 2%. The likely outcome of this internal squabble? "We'll give you 25 basis points, but don't expect another one."

Four key points will directly determine how the crypto market moves next:

1. **Powell's words**
Goldman Sachs people are dissecting his phrasing. Phrases like "raising the bar for future rate cuts" instantly shift market sentiment—every word counts.

2. **The dot plot reveal**
The latest rate forecasts will show who supports further cuts, who insists on fighting inflation, and who wants a big rate hike. This internal division sets the policy tone.

3. **The data dilemma**
PCE inflation remains above target, while the job market softens—The Fed is caught between inflation and employment deadlock.

4. **Balance sheet secrets**
They paused balance sheet reduction in October but might restart bond purchases. Invisible liquidity determines the visible price movements.

Honestly, today's suspense isn't about whether the Fed will cut rates but when this easing cycle will really end. This time, they're not only setting rates but also laying out the financial map for next year's crypto market. Global institutional funds are already gearing up—what about you?

See you in the comments!