$COTI $ZEC $BTC Just now, the results of the November 2025 FOMC meeting were announced—10 voting members unanimously agreed to cut interest rates by 25 basis points. This rate cut was not an unexpected surprise; the market had already scripted it long ago. However, when it actually happened, global assets exploded in response.

Let's look at three key data points that essentially confirmed the inevitability of this rate cut: core PCE has fallen back to 2.1%, approaching the Fed's 2% target; the unemployment rate has risen to a high of 4.3%, indicating a clear cooling of the labor market; and the 10-year US Treasury yield plummeted by 50 basis points in a single day, with the bond market expressing a strong desire for easing.

Once the rate cut news broke, reactions across various assets were astonishingly swift. The US dollar index dropped by 60 points, gold surged by $25 to re-enter the safe-haven spotlight, Nasdaq futures soared 1.8%, and tech stocks started to stir again. Most exciting of all was Bitcoin, which increased by 6% in a single day, bringing the $110,000 mark into sight. The sentiment in the crypto market is indeed hard to contain.

Looking back at historical data, the first three months after a rate cut are often a golden window for profit-taking. In previous cycles, global stock markets typically gained around 7%, and crypto assets performed even more dramatically—Bitcoin, in some years, even recorded annual gains of three times. Of course, history doesn't repeat exactly, but patterns still offer valuable reference.

However, a cool-headed view reveals that this rally also contains many pitfalls. Will inflation rise again due to easing? Has the market already priced in the good news, and will we face a correction when expectations are fulfilled? Most importantly—don't go all-in blindly. Liquidity is indeed flowing in, but those who truly benefit are the ones who keep some powder dry and make precise strategic moves.

Now that the liquidity faucet has opened, the game of re-pricing global assets has officially begun. How are you planning to play it?