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The market just released a major data point! US core inflation came in below expectations, and now—expectations of rate cuts have instantly ignited the entire crypto market. Liquidity expectations are warming up, and funds are flowing directly into risk assets. Just look at this rally.
BTC surged violently by $1800, soaring to 92,000; ETH didn't stay idle either, jumping straight to 3180; altcoins like SOL also followed the trend, rising over 3%. Basically, this is a typical rotation of risk assets, with everyone betting on rate cuts.
However, we need to hit the brakes here. The "sharp rise and fall" pattern has played out many times in history, and this time is no different. Currently, BTC is approaching the strong resistance level of 95,000, and the key point is that the probability of the Federal Reserve actually cutting rates in January is only 5%—the future direction largely depends on what Powell says.
So the question is: are you chasing or holding? Should you add to your position or take profits now? Everyone's answer is different. Don't get blinded by the current gains; managing risk is the real priority. What do you think?