#美联储联邦公开市场委员会决议 Don’t be fooled by the shell of history. Whether $BTC can surge again is not that simple.

Look back at the old story from 2019: the Federal Reserve stopped shrinking its balance sheet (completely halted QT) and turned to buy short-term government bonds. That period was truly crazy—the US stock market soared, and Bitcoin rebounded sharply from the bottom. But there’s a key point often overlooked: that was just the last wave of liquidity feeding before the crisis erupted. And then? The black swan of the pandemic struck, the global economy hit pause, and the Federal Reserve was forced to deploy real "nuclear-level" quantitative easing. However, that happened after the market had already completely collapsed.

Now? The market is indeed thirsty. But don’t assume the Fed will reenact that scene. The script this time could be entirely different. You might think they’ll turn on the fire hydrant, but they might only crack open a tiny slit in the faucet. History has a rhyme, but it never copies itself.

The reaction of assets like $SOL, $BNB ultimately depends on the true scale of liquidity, not on mirrored expectations from history. Instead of waiting for the next crisis-level flood, it’s better to see the real capacity in policy signals.