#美联储降息 Still drained dry

This round of the Federal Reserve's movements, the money in the market still has to shrink back eventually. After successive rounds of liquidity release, once policies are adjusted, the funding environment immediately tightens, and major cryptocurrencies all have to bear this pressure. From $BTC to $ETH, every macro policy shift can be felt as the market's blood is flowing out.

The crypto market is particularly sensitive to major moves like those of the Federal Reserve. When interest rate policies change, both retail and institutional investors recalibrate their cost basis. The most direct sign of liquidity drying up is—those hard-earned gains are quickly eaten away. When will this cycle be broken?