The Fed’s rate cut move is reshaping the entire crypto market landscape.

Let’s start with policy. The probability of another 25-basis-point cut in December has already soared to 85%. This isn’t baseless. Trump’s pressure on the Fed is becoming more obvious, and once the liquidity floodgates open, where will the money flow? History tells us that crypto is the first pool to catch this wave of capital.

On the institutional side, it’s even clearer. BlackRock’s Bitcoin ETF has already attracted $70.7 billion. What does this number mean? Traditional financial giants aren’t just testing the waters—they’re all in. Even more impressive, 86% of institutions are already deploying RWA asset tokenization, and the total amount of Bitcoin held by enterprises has surpassed $163 billion. The big players have laid their cards on the table.

Recently, SOL’s market cap surpassed BNB and broke into the top five, and Dogecoin jumped 30% in a week. These are very clear signals—the altcoin season might really be coming. Historically, after each rate cut, altcoins have collectively surged.

But here’s a word of caution: after the rate cut in September, Bitcoin went on a rollercoaster ride, and leveraged longs got wiped out badly. Powell’s hawkish style is no joke, and short-term volatility is inevitable.

But looking at the bigger picture, if a true easing cycle kicks off next year, and referencing the 2020 rally, a 300%+ Bitcoin increase isn’t out of the question. The $210,000 target sounds wild now, but who knows?

This is the current crossroads: short-term risks, long-term opportunities. What’s your choice?