#数字资产生态回暖 Recently, I reviewed the Federal Reserve's decision data. The vote was 9 to 3 for a 25 basis point rate cut, but the turning point came — the dot plot for 2026 shows only one rate cut. The market initially expected a dovish stance to soften, but instead, it seemed more cautious. This "step-by-step" approach caused liquidity expectations to tighten instantly, and macroeconomic uncertainty noticeably increased. Short-term market fluctuations are expected — this is a normal reaction.

But at this moment, it's more important to observe what’s happening on the chain. Bitcoin outflows from exchanges have increased for three consecutive days. Large holders are quietly accumulating positions. Subtle shifts in capital flows are signaling — institutional investors are not fleeing; they are just waiting for an opportunity to buy the dip during this panic sell-off. When similar macroeconomic bad news appears, it often becomes a window for major players to position themselves. Amid economic slowdown, the rate hike cycle is essentially over. Although rate cuts are slow, the direction remains unchanged. The long-term support logic for crypto assets has never changed.

Corrections will definitely come, but each correction is a moment to screen for holders. Hold onto your positions and don’t let short-term noise shake your confidence — real opportunities always emerge when others are most pessimistic. $ETH and Bitcoin’s story is far from over; the key is whether we can endure this volatile cycle.