January rate cut odds just hit 5% - a significant shift. While on the surface this might sound restrictive, it's actually more nuanced for crypto markets. With the Fed maintaining a hawkish stance, traditional finance tightening typically triggers alternative asset flows. When traditional yields stay elevated, investors often rotate into speculative plays, including digital assets. This scenario could create interesting pressure dynamics for Bitcoin and altcoins through Q1. Worth monitoring how markets price this policy trajectory.