I personally think we can look forward to it. First, let’s check out the BTC URPD data chart. Yesterday, it held support around the 89-92 range, and there are a few significant clusters of volume bars above. The chart is already marked. Next, let’s look at market sentiment. Last night, the US stock market dipped, but BTC rebounded. Of course, by the time the US market closed this morning, it was almost back to positive too. The most critical point is that the latest data from yesterday shows the US Treasury General Account (TGA) has seen a significant decline for the first time: Treasury cash dropped from $959 billion by $34 billion to $925 billion. Previously, due to the government shutdown, the Treasury had been absorbing a lot of capital, which worsened cash accessibility in the financial system. Now, the US Treasury is starting to release funds, which could ease the liquidity situation in the market. Not sure if BTC is particularly sensitive to liquidity, but the fact that liquidity is being released now is definitely a good thing. Plus, NVIDIA’s earnings report will be released tomorrow morning, and the market has high expectations. At the same time, labor market data will also be released tomorrow, which should help stabilize sentiment. There’s still hope for a price recovery. Of course, this might just be a temporary stabilization of sentiment and doesn’t mean there won’t be further drops later. To reverse the overall downtrend, we still need expanded speculation on rate cut expectations and greater fiscal liquidity release. The former depends on further macroeconomic data, and the latter will take time. As of the time of writing, CME predicts a 48.9% chance of a rate cut in December, slightly higher than yesterday’s 43%.