Last night’s FOMC preliminary summary, weekend communication in-depth view: overall, it’s returning to the 2024 framework, which emphasizes employment data over relatively light inflation data. The expression is slightly better than usual expectations (generally expected to be a rate cut in December with a hawkish tone, but actually a rate cut in December with a cautious tone without hawkishness). Personally, from a crypto perspective, it’s a phase of repairing extremely pessimistic expectations in the short term, not supporting new highs, which means the lower limit is being raised to repair pessimistic expectations.