Last night, the Federal Reserve delivered its year-end report card — as everyone expected, a 25 basis point rate cut. But the key point is that the dots chart indicates that next year, there might only be another 25BP cut, with the pace clearly slowing down.

Chair Powell maintained the same stance at the press conference: "We will look at each meeting as it comes, without a fixed script." Translated, it means: stop guessing, take it one step at a time.

On the other hand, Fidelity released an interesting data point — a buyer snapped up nearly 430,000 BTC around the $85,500 mark. Could this price level become a new support zone? The market seems to be drawing a line here.

The cooling of rate cut expectations combined with large-scale capital accumulation signals that the next few weeks are worth paying close attention to these two indicators.