Interest rate cuts are clearly good news, so why did the cryptocurrency prices instead fall? Many people were left puzzled by this move. Actually, this is just the market playing its "expectation game."

Let's start with an old rule: buy on rumors, sell on news. The market had already been hyping the rate cut several months ago, and the rise should have been completed by now. When the actual cut happens? Profit takers rush to exit, and it's no surprise if prices don't fall.

What's more concerning is that this rate cut smells like something's off—like a sign that the stock market isn't quite right. The central bank's proactive rate cut, in simple terms, is worrying about the economy cooling down. Investors think: if even the central bank is panicking, should we risk pushing into high-risk assets? Better to pull out!

Cryptocurrency is awkward in this situation—it usually boasts of being "digital gold" that can resist inflation, but when there's economic turbulence, it immediately reveals its high-risk asset nature. Money flows to safer places, and no one cares about your decentralized narrative anymore.

There's also a hidden mechanism: the new liquidity injected is mainly used to plug the gaps in traditional finance, so the crypto market isn't getting its share. This is called liquidity siphoning—the liquidity is released, but it doesn't flow into our pool.

From this, we can see a few insights:

1. Don't rely solely on macro news predictions to forecast coin prices; it's not that simple.
2. The crypto market is becoming increasingly tied to traditional finance, and its volatility logic has changed.
3. When everyone is optimistic, be extra cautious—don't let consensus turn into a trap.

The fact that rate cuts can lead to a decline actually shows that the market has matured—it no longer reacts blindly to news but learns to digest information from multiple angles. True opportunities are often hidden where people least expect.