#降息预期 Recently, news about the Federal Reserve cutting interest rates has been everywhere. I finally started to understand what’s really going on 😅

I heard that Bitcoin has already "priced in" the Fed's rate cut expectations? What does that mean? Does it mean the market has already digested the rate cut, so there won’t be a big rally anymore? I’m a bit confused...

But I saw analysis saying that after Bitcoin retraced from $80,000, the short-term bullish momentum has recovered, and the 200-day moving average has turned positive. Does this sound like there’s still hope? And institutional investors are still increasing their holdings. Does this mean they are more optimistic?

However, another analyst said that this rate cut is not enough to trigger a "Christmas rally," and that only one rate cut might happen next year, which makes risk assets uncertain... Feels like good news and bad news mixed together? 😕

I’m a bit conflicted now. Should I continue HODLing or wait and see? Especially since retail investors are still reducing their holdings, could this affect the upcoming market? Please give me some guidance, what does the rate cut expectation really mean for a newbie like me 💭