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Analyst: Fed Rate Cut Imminent, Market Volatility Surges, Exhibiting Typical Pre-Breakout Accumulation Pattern

By: theblockbeats.news|2025/10/29 08:15:54

BlockBeats News, October 29th, CryptoQuant analyst Axel posted on social media, stating that the market widely expects the Fed to cut rates by 25 basis points, with volatility surging to 54%. Bitcoin is currently hovering around $113,000, still holding above the seven-day VWAP support level. The overall bullish structure remains unchanged. With the surge in volatility, the current technical pattern exhibits a typical pre-breakout accumulation phase.

Twilight of the Titans: How Has the Rise of Stablecoin Newcomers Eroded the Empires of Tether and Circle?

Piggycell's Debut Ignites the Market, Successfully Lands on OKX Perpetual: Emerges as a "RWA Representative Project"