[Ban Mu Xia: Fed Rate Cuts and Balance Sheet Expansion Will Bring Broad Market Gains] Odaily Planet Daily News - Crypto analyst Ban Mu Xia stated in an article that if the Federal Reserve implements rate cuts and resumes balance sheet expansion this week, the strained liquidity will return to normal. It is expected that this week and even throughout December, there may be widespread gains across markets such as U.S. stocks, crypto assets, and precious metals. He also referenced his viewpoint from his November 11 article, stating that the Federal Reserve is expected to stop balance sheet reduction in December and may restart expansion, creating a liquidity environment similar to October 2019. However, a truly significant easing cycle may not occur until May next year, "after Trump gains control of the Federal Reserve," resembling the situation in March 2020.