PANews reported on December 10th that, according to renowned crypto analyst Ali, six out of the seven FOMC meetings this year have led to BTC price corrections, with only one resulting in a short-term rebound. The largest drop reached 27%, while only the May 7th meeting saw a 15% increase.

The market anticipates an 87.4% probability of an interest rate cut at the FOMC meeting on December 10th. However, statistics show that BTC typically faces volatility and downward pressure during FOMC meetings, and investors should be wary of market reactions. The FOMC announcement will take place at 3:00 AM (Beijing time) on December 10th, followed by the Fed Chair's press conference at 3:30 AM, which could trigger significant market volatility.