According to the latest data from market observation agencies, the Federal Reserve's interest rate decision in January next year has attracted widespread attention. The current market expectation probability for a 25 basis point rate cut is only 19.9%, and most traders believe that the Central Bank will keep the interest rate unchanged, with a probability as high as 80.1%. However, looking ahead to March next year, the situation becomes more complicated. The market gives a cumulative probability of a 25 basis point rate cut at 44.7%, a probability of 47.1% for keeping it unchanged, and an 8.2% probability of seeing a cumulative cut of 50 basis points. These data reflect the market's divergence on the Fed's policy direction - cautious in the short term, but still room for rate cuts in the medium term. For encryption assets, each adjustment in interest rate expectations can potentially affect the flow of funds.