Yesterday's market was really crazy, I named it "The Rate Cut Puzzle."

Bitcoin's performance was just like a kid—when the Fed announced a 25 basis point rate cut, it shot up to $5,000 instantly, all excited like "Finally, someone cares about me"; then Powell added, "Maybe we'll cut once more next year," and it dropped $4,000 straight down, that disappointment vividly played out as a free fall. Isn't it a rate cut? Why is it still falling? 🤦

Look at these retail investors, their routines haven't changed:

Spot traders tightly hold their wallets, pretending to be statues. Futures traders are already lining up on rooftops, probably turned into fireworks by now. The most ruthless are miners—they watch the shutdown price approach while spamming champagne emojis in the group chat. Who can stand this? 🍾

Crypto project teams changed their PPTs overnight: "The rate cut cycle is over? You misunderstood, this is just the prologue of our new narrative!" (Their reaction speed is truly different).

Now the whole internet echoes one voice: "Powell's move wasn't a rate cut at all, it's just ATM cash withdrawal." The much-anticipated celebration turned into a coupon—"Spend $500, save $25, use again next time." The market has seen through it and just lay flat for the weekend after two days of volatility, with emotions so stable it’s almost heartbreaking. 💔

So this "love" from the Fed is like a promise from a scumbag—it's given, but not fully. Let's buckle up, the roller coaster ticketing has just begun. 🎢

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