#美联储政策 I've been researching the operational logic of large institutions recently and saw that BitMine increased its holdings by 1.38 million ETH last week, which left me a bit confused—what does this signal?🤔

Later, I looked through the information and understood that Tom Lee is optimistic about ETH strengthening in the coming months, mainly due to several reasons: the Fusaka upgrade has just been activated, improving scalability; the Federal Reserve is expected to end quantitative tightening in December and will also lower interest rates, which is quite favorable for the cryptocurrency market; plus, the clearing shock event has passed for more than two months, allowing the market to focus on the fundamentals.

So when institutions make large increases in their holdings, it actually indicates their confidence in these new catalysts. As a beginner, my current feeling is: big institutions are betting, should we also pay more attention to these policies and technological upgrades? Although I still feel a bit nervous, it seems like a good time to enter and learn. Is there an experienced person who can explain why the Federal Reserve's interest rate cuts are so important for the crypto world? I want to understand these logics from the basics 💪