Last night’s scene: the market has effectively laid all the cards on the table.
First, the Federal Reserve really did raise rates.
On September 16, the Fed announced a 25-basis-point hike, bringing the interest rate to 3.75%–4%, and it was approved unanimously by all 12 votes. This is the first rate hike since 2023. More importantly, the market has started to reprice expectations about whether there’s still a possibility of continued hikes in October.
Second, Bitcoin did not experience the expected collapse.
After the rate hike was confirmed, Bitcoin briefly oscillated around $75,000–$76,500. This suggests that the hike itself had already been priced in, and what truly matters moving forward is the U.S. dollar, the yield on the 10-year Treasury, and the Fed’s subsequent statements.
Third, the CLARITY Act poured another bucket of cold water on the market.
The U.S. Senate previously failed to advance the bill by a vote of 49 to 50, so short-term regulatory certainty was affected.
$XRP 、$ETH 、$SOL and other assets that are more sensitive to the regulatory narrative have shown clear volatility.
So when I look at the charts now, I’m not in a rush to guess upside or downside.
Tight macro conditions, and regulation still getting stuck—what the market is most prone to is a pattern of sharp selloff—then a rebound—followed by another round of selling.
Today I’m watching one key point: $BTC whether it can hold around $75,000.
If it holds, that indicates the market is still digesting the negative news;
if it really breaks below, don’t be stubborn—first assess the risk.
#美国加密税收与BTC储 #美联储三年来首次加息25个基点
First, the Federal Reserve really did raise rates.
On September 16, the Fed announced a 25-basis-point hike, bringing the interest rate to 3.75%–4%, and it was approved unanimously by all 12 votes. This is the first rate hike since 2023. More importantly, the market has started to reprice expectations about whether there’s still a possibility of continued hikes in October.
Second, Bitcoin did not experience the expected collapse.
After the rate hike was confirmed, Bitcoin briefly oscillated around $75,000–$76,500. This suggests that the hike itself had already been priced in, and what truly matters moving forward is the U.S. dollar, the yield on the 10-year Treasury, and the Fed’s subsequent statements.
Third, the CLARITY Act poured another bucket of cold water on the market.
The U.S. Senate previously failed to advance the bill by a vote of 49 to 50, so short-term regulatory certainty was affected.
$XRP 、$ETH 、$SOL and other assets that are more sensitive to the regulatory narrative have shown clear volatility.
So when I look at the charts now, I’m not in a rush to guess upside or downside.
Tight macro conditions, and regulation still getting stuck—what the market is most prone to is a pattern of sharp selloff—then a rebound—followed by another round of selling.
Today I’m watching one key point: $BTC whether it can hold around $75,000.
If it holds, that indicates the market is still digesting the negative news;
if it really breaks below, don’t be stubborn—first assess the risk.
#美国加密税收与BTC储 #美联储三年来首次加息25个基点
