According to Odaily Planet Daily, Vetle Lunde, Head of Research at K33, stated that the October "bottleneck" has brought Bitcoin to a critical turning point, and it may fall further following the recent Federal Open Market Committee (FOMC) meeting. Although the Fed cut interest rates by 25 basis points at the meeting, the cut was still significant due to policy uncertainty stemming from the US government shutdown. Furthermore, K33's derivatives market indicator (which compares the current market structure to historical cycles) shows the market exhibiting both bottoming patterns and early-stage decline characteristics, exacerbating the uncertainty. (The Block)