Rate-cut odds have been all over the place recently: - Late October: 95% - Then they crashed below 35% - Now they’re back near 85% And what's interesting is that risk assets like $BTC have basically been glued to December rate-cut odds 👇 - Falling odds = BTC slid from $110K → $80K - Rising odds = Mini-pump back toward 90,000 Right now, rate-cut odds are the most important macro metric in the entire market.