[Huobi HTX Chief Analyst Cloud: Fed Pause Doesn't Mean Dovish Turn, Rate Hike Uncertainty Remains for December] October 29th news: Early this morning Beijing time, the Federal Reserve announced it would maintain the federal funds rate at 3.75% to 4.00%, in line with market expectations. The decision passed by a vote of 10 to 2, with Governor Cook and Cleveland Fed President Hammark voting against, advocating a 25 basis point rate hike. The statement said the economy was expanding strongly and inflation remained high. Following the announcement, US stocks retreated slightly, while US Treasury yields and the dollar index rose moderately. In response, Huobi HTX Chief Analyst Cloud believes that the two dissenting votes show a clear hawkish voice within the committee. Warsh's refusal to provide forward guidance and only emphasizing the timely return of inflation to 2% effectively leaves the rate hike uncertainty for December. September CPI hit a five-month high, and approximately 76% of surveyed institutions expect another rate hike in December. This pause does not equate to a dovish turn, and dollar liquidity constraints continue to tighten. For crypto assets, every rebound in short-term interest rates and the US dollar will first suppress altcoins, then test Bitcoin's resilience. The market remains in a high-volatility window before the midterm elections and the end of earnings season. Note: This article does not constitute investment advice, nor does it constitute an offer, solicitation of an offer, or recommendation to invest in any product.