Liquidity & Market Dynamics - Government shutdown starting October 1st initiates a Treasury General Account (TGA) build of $150 billion to $965 billion, draining cash from the market [1] - Reverse Repo Program (RRP) builds by $20 billion this week, causing bank reserves to fall to "ample" lows, leading to tight funding markets [1] - Tight funding markets are indicated by increased Secured Overnight Financing Rate (SOFR) spreads and record $10 billion usage of the Standing Repo Facility (SRF) [1] - Bitcoin's choppy range is hypersensitive to liquidity, preventing a breakout [1] - Post-month end, RRP decreases will return liquidity, and a TGA drawdown in mid-November will flood the market with cash [1] - Quantitative Tightening (QT) ends December 1st, leading to Federal Reserve balance sheet expansion [2] Crypto Market Impact - A liquidity tailwind is expected after the end of QT [2] - Bitcoin is expected to pump upwards due to increased liquidity [2] - The broader crypto market is also expected to pump upwards [2]

The markets are correcting down, which is standard pre-FOMC procedure.#Bitcoin & #Altcoins are always going down due to risk-off appetite.My advice?Don't trade leverage going into FOMC tonight.There will be a lot of fake moves taking place, before the actual move occurs.If there's another rate cut taking place + QT stops, that's extremely bullish for the outcome of risk-on assets.Again, I think that the recent correction on Gold has shown that this shift is happening already. ...

A Fed rate cut is almost certain Wednesday—but analysts said ending QT could be the real Bitcoin catalyst as inflation tolerance rises.Read more: https://t.co/946Z08TEkn ...

Market Trends - CPI release is unlikely to cause a significant market movement for Bitcoin due to a crucial resistance zone [1] - Expectation of breaking through the resistance in the upcoming week [1] Monetary Policy - Anticipation of the FOMC ending Quantitative Tightening (QT) and implementing rate cuts [1] Risk Factors - Potential government shutdown is approaching [1]

Market Outlook - JP Morgan expects the Fed to end Quantitative Tightening (QT) during this month's FOMC meeting [1] - The end of QT is considered bullish for markets [1]

Selling into the official QT pause?Could never be me. ...

The market is now expecting a 100% chance of a rate cut this month.Only if the Fed announces to end QT too this month, we could see a rally. https://t.co/rFDmt14gtW ...

JUST IN: Deutsche Bank expects Fed to announce the end of QT at the December FOMC meetingBullish for Bitcoin! 🔥 https://t.co/emAiGs3NUI ...

RT Luke Gromen (@LukeGromen)Really important chart from @Econimica (who is a great follow.)QT never happened in 10+yr USTs post-2022 https://t.co/CiY5lzfIyo ...

There you have it, QT is over. Back up the fucking truck and buy everything. https://t.co/kQbpBSOlOU ...