The Fed held rates steady in October by a 10–2 vote, with Lisa Cook and Beth Hammack both voting for a hike. Traders put the odds of a December hike at 78%. BTC’s rebound stalled at the 50-day moving average; it’s down 2.0% over 24 hours, with $1.1 billion in trading volume on Binance. The logic is straightforward: rate-hike expectations are weighing on Treasury yields and the dollar, while the 50-day moving average turned price back first. ETF flows saw three straight days of net inflows totaling $424 million, bringing October’s total back to $111 million—but that only absorbed selling pressure; it didn’t push prices higher. Money is flowing back in, but the price hasn’t followed. I’ve been watching this kind of setup for a while, and it usually means buyers are adding to positions rather than chasing prices. With a 78% chance of a hike already priced in, if one actually happens in December, who can tell how much of that $424 million was for hedging and how much was buying the dip? $BTC