According to Material Indicators (@MI_Algos), Bitcoin (BTC) experienced a notable price pump even though 99.9% of market participants surveyed by CME Group did not expect the Federal Reserve to cut rates this week. This move is driven primarily by retail speculators and high-risk traders, highlighting that BTC price action can decouple from macroeconomic expectations. For traders, this signals the importance of tracking on-chain sentiment and liquidity flows rather than relying solely on traditional macro forecasts, as unexpected surges can trigger liquidations and volatility in both BTC and broader crypto markets (Source: Material Indicators via X, CME Group survey data).