Powell's good friend, the Fed's mouthpiece Nick, has finally started hinting at a rate cut in December. Since yesterday, the CME's probability of a December rate cut has already risen to over 80%. The overall performance of U.S. stocks is pretty good, but Bitcoin is still weak. If it can't rebound above the bull-bear dividing line or hold steady at 100k before the 12.10 FOMC meeting, it’s still in a bear market.