According to ChainCatcher, Chinese crypto analyst Banmu Xia wrote that "the Fed's rate cut and renewed balance sheet expansion this week will normalize tight liquidity, making this week a week of broad-based gains (US stocks, crypto, precious metals, etc.), and the following month may also be a month of broad-based gains."
Banmu Xia also cited an article she published on November 11, in which she stated, "The Federal Reserve will stop shrinking its balance sheet in December and may begin to expand it. At this time, liquidity will return to normal, similar to October 2019. The real massive easing will have to wait until May next year after Trump takes control of the Federal Reserve, similar to March 2020."
