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

2025.10.29 15:48:20

On October 29th, CryptoQuant analyst Axel posted on social media, indicating that the market generally anticipates that the Fed will cut rates by 25 basis points. Volatility has surged to 54%. Bitcoin is currently hovering around $113,000 and still remains above the seven-day VWAP support level. The overall bullish structure remains unchanged. With the increase in volatility, the current technical pattern shows a typical pre-breakout accumulation stage.
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