Fed interest rate data released: January rate cut probability is only 22%, crypto market liquidity expectations are under pressure

【Block Rhythm】What will the Fed do next? According to the latest data from the CME FedWatch tool, there is only a 22.1% probability that the Fed will choose to cut interest rates by 25 basis points by January next year, while maintaining the current interest rate is the more likely scenario, with a probability of 77.9%. This means that liquidity is unlikely to have significant easing expectations in the short term. For the crypto market, this signal is actually quite significant— the high level of the federal funds rate will continue to affect the risk appetite of capital, and the rebound of favored coins will have to wait for further changes in policy expectations.