Rare internal divisions have emerged within the Federal Reserve.

Three consecutive rate cuts still couldn't bridge the decision-makers' disagreements. What’s more unsettling is that some officials have begun to mention a term that has disappeared for half a century—stagflation. The last time this term appeared on a large scale was during the economic nightmare of the 1970s: soaring inflation coupled with a recession, rendering all conventional measures ineffective.

This is the real warning sign to watch out for.

It's not about the rate cuts themselves, but that top-level decision-makers’ diagnoses of the economy have become completely divided. When the helmsmen on the ship can't agree on the direction, where will it head? This kind of uncertainty is more dangerous than any data.

For the cryptocurrency market, the rules of the game may be changing. The simple logic of "printing money equals rising prices" is no longer valid. Now, high volatility, repeated fluctuations, and emotion-driven moves dominate—any news can be amplified infinitely, with greed and panic alternating.

The narratives around BTC and ETH might be quietly transforming. From being "digital gold" as a store of value, they are becoming one of the few certainties in turbulent times. When traditional financial systems fall into chaos, the value of decentralized assets may be re-evaluated.

Remember one thing: in a storm full of uncertainty, certainty itself is the most scarce asset.

Are you ready to face this new normal?