Phyrex|12月 05, 2025 15:12
Today's post is going to be a bit casual since I'm about to board my flight. Didn't do anything physically demanding today, but had meetings all day long. Then, some bizarre stuff happened at the airport that delayed me a bit. Taking a red-eye flight, I'll be home tomorrow morning—this time I'm seriously exhausted like a dog.
I know some of you are worried about today's dip. I didn't look into it too deeply, but from what I briefly checked, there doesn't seem to be any obvious negative news. Plus, the U.S. stock market's performance is still decent. It's probably just an emotional adjustment. Since tomorrow is the weekend, if sentiment is bad today, the low trading volume over the weekend could be painful. But next week is the FOMC meeting, and the probability of a rate cut in December is already quite high. The market is even starting to bet on whether there will be a rate cut in January.
So personally, I think the market shouldn't be too bad in the near term. If there's going to be any drama, it would likely happen after the FOMC meeting. Fingers crossed.
Looking at Bitcoin's data, the turnover rate is still very low, and investor sentiment seems pretty stable. The token distribution structure is also healthy. I still believe there won't be any major issues before the FOMC meeting.
Time's up, gotta board now. Will update again tomorrow.
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