Powell just dropped a notable signal: the Fed's Treasury buying spree isn't wrapping up anytime soon. We're looking at elevated purchase levels stretching out for potentially several more months.

What does this mean for markets? More liquidity injection. The central bank continues absorbing government debt at an aggressive pace, which keeps the monetary spigot relatively open despite all the tightening rhetoric we've heard.

This isn't trivial. When the Fed maintains heavy Treasury purchases, it fundamentally impacts:

• Dollar liquidity conditions across global markets
• Risk asset valuations (yes, including crypto)
• Yield curve dynamics that influence capital flows

The timeline matters too. "A few months" suggests this policy stance extends well into Q2, possibly Q3. That's a meaningful window for positioning.

For those watching macro factors in digital assets, this is the kind of central bank action that can influence broader risk appetite. Not a guarantee of direction, but definitely a variable worth tracking as institutional money evaluates exposure across asset classes.