#数字资产生态回暖 Interest rate cuts have been implemented, but there's a bit of a "sweet and sour" dilemma here!$ETH

Recently, Powell's statements sent two signals to the market—one positive, one confusing. Breaking it down, here are the two points:

**1. The "fast lane" of interest rate cuts has shifted to a slow lane**
The latest Fed dot plot showed a projection of possibly only one rate cut by 2026. That's much less than what the market expected. In other words, the Fed is likely to keep interest rates steady for now—no more surprises. The previous "rate cut frenzy" illusion can be put on hold for the time being.

**2. Short-term "liquidity injection" to address urgency**
The overnight lending market was a bit tight, so Powell announced a $40 billion asset purchase to inject liquidity. But let’s be clear—this is not a long-term quantitative easing move; it's just a short-term purchase of US Treasuries with a limited timeframe. This unexpected move triggered a rebound in the crypto space and U.S. stocks.

In simple terms, this meeting was bittersweet. Short-term gains may occur, but how sustainable are they? It depends on upcoming economic data. If the rate policy loses its support, how far this rally can go is anyone’s guess. $BTC $SOL