In January 2025, the Federal Reserve decided to maintain interest rates at its latest monetary policy meeting, citing the continued strength of the U.S. labor market and economic data that does not support an immediate rate cut. This decision reinforced market expectations for the Federal Reserve to continue its hawkish stance, putting pressure on risk assets, including cryptocurrencies.

Since the Federal Reserve announced on January 29 to maintain interest rates, the spot price of Bitcoin has fallen from $109,000 (the high in December 2024) to $83,550 (as of March 13), a decline of nearly 25%. Notably, altcoins have seen a greater drop, reflecting increased market risk aversion.

No rate cut in March, no rate cut in May, the market will continue to explore lower levels.

One must have a bear market mentality and cannot be complacent.

Focus for the day: uni, sui, apt, pepe, doge, sol