Opinion: The Fed's rate cut has injected new uncertainty into risk assets, but is not enough to trigger a Christmas rally in Bitcoin.

BlockBeats News, December 11th. Regarding the Federal Reserve's FOMC meeting, several analysts stated that the Fed's policy adjustment this time is more of a well-considered signal rather than a policy shift. They believe that this change by the Fed is similar to the cautious stance taken after the last rate-cutting cycle. They also noted that the Fed raised its economic growth forecast, lowered its inflation expectations, but also hinted that the threshold for further easing policy is higher.

Co-founder of Coin Bureau, Nick Parklin, stated that this rate cut "was not as hawkish as some had expected," but with strong opposition and the Fed's decision to only cut rates once next year, it "injected new uncertainty into risk assets." He said: "This is not enough to trigger a Christmas rally for Bitcoin."

BRN Research Director, Timothy Misir, believes that the post-cut decline reflects a market that "welcomes the cut but does not accept the guidance." Misir stated that institutional investor demand remains strong and pointed out that since December 1st, smart fund wallets holding 10 to 10,000 bitcoins have accumulated approximately 42,565 bitcoins. However, retail selling pressure continues to suppress the uptrend. The question remains whether ETF demand can sustainably absorb the supply until the macroeconomic situation becomes clear (The Block).