On December 16th, Luis Buenaventura, head of cryptocurrency at GCash, said that since this month's Federal Reserve interest rate cut expectations have been digested by the market in advance, the direct impact of this policy adjustment on cryptocurrency prices will be limited. Historical data shows that when Bitcoin has a 50% increase in 60 days, there is a probability of about two-thirds achieving an additional 35% increase in the next two months. Neal Wen, head of global business development at Kronos Research, added that in a low interest rate environment, institutional investors tend to look to crypto assets as an alternative to traditional investments. Presto Labs research analyst Min Jung pointed out that the market focus has shifted to the content of Federal Reserve Chairperson Powell's policy speech and the latest economic forecast dot plot, which will provide important guidance on the direction of monetary policy in 2025.