[Morgan Stanley Adjusts Expectations: Fed May Not Cut Rates in December] Morgan Stanley no longer expects the Federal Reserve to cut rates in December.

[High-Level Hoarding WBTC and ETH Whale Liquidates 18,517 ETH in Two Days to Avoid Liquidation] On-chain analysis shows that a whale who hoarded WBTC and ETH at high levels through circular lending has liquidated 18,517 ETH (approximately $56.45 million) over the past two days to avoid liquidation, realizing a loss of $25.29 million. After the liquidation, the whale still holds 1,560 WBTC at a cost price of $116,762, with an unrealized loss of approximately $41.12 million.

Binance ZEC's current price is $699.54, with a 24-hour increase of 12.24%. 24-hour transaction volume of 5.5 billion US dollars, up 18.49%, for reference only

[Wells Fargo Analyst Suggests Fed Cut Rates by 25 Basis Points in December] Wells Fargo analyst Sarah House stated that the Federal Reserve should cut rates by 25 basis points in December due to easing inflation and a weakening labor market. She mentioned that although hawks may oppose the rate cut due to inflation being above target and robust job growth, the Fed remains firm in its stance and considers this a '50-50' decision.

[Morgan Stanley Expects Three Rate Cuts Next Year] Morgan Stanley analyst Michael Gapen stated that strong employment conditions have reduced the risk of rising unemployment, and the Federal Reserve is no longer expected to cut rates in December. It is currently forecasted that rate cuts will occur in January, April, and June next year, with the final interest rate expected to remain at 3%-3.25%.