#数字资产生态回暖 The Federal Reserve's rate cut has been finalized, and on-chain whales are reacting accordingly. At 03:00 Beijing time, the Federal Reserve officially confirmed: the interest rate was cut by 25 basis points, with the upper limit dropping from 4.00% to 3.75%. The market had already prepared psychologically, but when the actual decision was announced, everyone understood — the door to liquidity has been opened again. Cryptomarkets and gold, these assets most sensitive to interest rates, finally have a reason to increase their positions. According to on-chain data, whales have long been sharpening their knives, with over 300 million USD in positions already deployed, and just ETH alone has accumulated over 100,000 coins. Cheap funds are about to flow in, and the spring of risk assets seems to be coming. But don’t celebrate too early. What truly determines the direction of this wave depends on the next act. At 03:30, the press conference by Federal Reserve Chair Jerome Powell is the real key. How does he talk about inflation? What is his outlook on the economy? Is there still room for rate cuts in the future? Every detail in his words can decide whether we are just betting on a short-term rebound or welcoming a real bull market. The market now feels like holding its breath, waiting for him to speak. Dovish comments will continue to push asset prices higher, while hawkish tones might slam the brakes on the rally. How $BTC and $ETH will move depends on the real content of this press conference. Fasten your seatbelts, the upcoming market won’t be boring.