🚨 FOMC DONE: 25bps cut → 3.75–4.00%
Powell: “Data fog, no Dec lock-in”
BUT — **QT ENDS DEC 1** 🚀
→ Treasury cap: $25B → **$5B**
→ De facto liquidity flood in 33 days
BTC holds **$112.6K** like a champ.
Risk-on muted now… but **watch jobs data**.
2 more cuts in 2025? Maybe.
Sideways → **breakout loading**.
