#美联储降息 $LUNA $ZEC

The Fed's move can be considered a major stunt of the year. A 25 basis point rate cut is not surprising in itself, but Powell's tone in the speech completely distorted market expectations.

Imagine — in the past, after a rate cut, the Fed Chair would always issue a "hawkish warning"; this time, it’s gone. Even more extreme, the official stance has shifted to "future only rate cuts or holding steady," with rate hikes completely off the table. Inflation has not fully subsided, yet the market faces ongoing tariff pressures. What is the Fed’s solution? The answer is to continue buying government bonds and keep flooding the market with liquidity. In plain terms, a large-scale liquidity injection.

Interestingly, despite rising unemployment, the Fed offered a reason — AI blame. While logical, the message is clear: the economy faces downward pressure, and the central bank must step in to support.

What does this mean for the crypto world? Quite simply — hot money has nowhere to go. Traditional financial returns are worsening, bonds are unattractive, and the stock market is risk-averse, so the crypto market becomes a natural alternative. Highly liquid assets like Bitcoin and Ethereum are most likely to be the first choice for funds. Leading cryptocurrencies like $BTC and $ETH have a high chance of outperforming, and even small and mid-cap coins can benefit.

How long can this rally last? It depends on how long the Fed can sustain its liquidity injections. If the expectations of monetary easing persist, the foundation for a crypto bull market remains. But be cautious of a risk — when policies shift, high leverage and overly bullish positions will be quickly liquidated, leading to sharp corrections.

The core logic is simple: ample liquidity → crypto market attracts funds → prices rise. But remember, every past bull market ended when policies turned.