According to @52kskew, 10 days into December markets typically begin to converge, with the FOMC later today and the market expecting a 25 bps cut, prompting chart updates, source: @52kskew. Based on this convergence setup, crypto traders may monitor BTC and ETH for pre-event volatility compression, tighter perp funding, and a narrower basis into the decision as liquidity clusters, source: @52kskew. Tactically, the focus is on potential post-FOMC volatility expansion once the rate call is known, making levels and spreads especially important for trade execution and risk control, source: @52kskew.

According to @BullTheoryio, markets have priced a 95% probability of a 25 bps rate cut, so the real volatility driver will be liquidity signals from Powell’s tone and the Fed’s view on the economy, funding conditions, and inflation (source: @BullTheoryio). According to @BullTheoryio, SOFR has been spiking, indicating bank funding stress and raising expectations for some liquidity relief from the Fed (source: @BullTheoryio). According to @BullTheoryio, any hint of QE or short-term liquidity support would likely be immediately bullish by easing funding pressure, pushing bond yields lower, and boosting risk assets including crypto (source: @BullTheoryio). According to @BullTheoryio, a hawkish cut (inflation not fully controlled, labor improving) risks higher yields and a risk-asset sell-off, while a dovish cut (minimal tariff impact, weak labor) should lower yields and lift crypto (source: @BullTheoryio). According to @BullTheoryio, the roadmap is: dovish plus liquidity support equals strong bullish impulse; dovish only equals a small pump; hawkish cut risks a sell-off similar to October; no liquidity help implies sideways action, with BTC’s last hawkish-FOMC reaction serving as a cautionary guide (source: @BullTheoryio).

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.