Tomorrow at 3 AM, the Federal Reserve will announce the latest interest rate decision. Based on futures observations, the market believes there’s over a 95% chance of no rate cuts. Gold has hit another new high, and major speculative markets are rallying one after another. Only the crypto market remains relatively weak, with the $90K resistance level still strong and funds continuing to flow out of this market. The Chinese community is more optimistic, with many people predicting this year’s peak and favoring $ETH and silver. On the other hand, the English-speaking community is more pessimistic, generally lacking confidence and looking to short during rebounds. From the options data, bearish trades account for as much as 35% of the volume. IV has slightly decreased, and Skew has shifted positively, indicating that the market is dominated by the power of selling options. Big players are using real money to buy the dip, but it’s worth noting that the traded options are mostly short-term, aiming for a short-term rebound around $90K.