According to @CryptoMichNL (X post, Oct 29, 2025), market expectations centered on a 25 bps rate cut, and he reports that crypto markets turned down with altcoins dropping quickly and BTC moving lower (source: @CryptoMichNL). According to @CryptoMichNL, the initial downside reaction is not the real move, with the tradable direction likely emerging in the coming days (source: @CryptoMichNL). According to @CryptoMichNL, his strategy view is to buy the dip into this weakness (source: @CryptoMichNL).

According to @CryptoMichNL, a 25 bps rate move was already priced in, leaving broader market conditions unchanged in the near term, source: @CryptoMichNL on X, Sep 17, 2025. He states that a path toward market expansion via liquidity injections and lower rates has started, source: @CryptoMichNL on X, Sep 17, 2025. Based on this, he expects higher prices in Q4 for risk-on assets, including Bitcoin (BTC), source: @CryptoMichNL on X, Sep 17, 2025.