#美SEC促进加密资产创新监管框架 global financial markets are going through a sensitive juncture. Market participants are betting that the probability of the Fed cutting interest rates in December has exceeded 85%, and it seems that the situation is set, but the undercurrent under the water has surged.

This is where the core contradiction lies: on the one hand, there are internal differences on policy direction, and on the other hand, inflation is still stubborn. This rate cut may just be a short-term sugar-coated cannonball. Once policymakers reveal that easing is about to end, the market may move directly from carnival to stampede. At the same time, Japan's recent strong earthquake has disrupted the pace of interest rate hikes, which has added fuel to global easing expectations.

What does this mean for the crypto market?

In the short term, BTC at the $90,000 mark and ETH around $3,800 will become the core battlefield for long and short competition. Any hawkish movement can trigger a decline, but a decline is an opportunity. Because bigger changes are already brewing - institutional research reports generally predict that the Fed may launch a large-scale expansion of its balance sheet in 2026, with tens of billions of dollars in a single month. Once the money printing cycle starts, crypto assets tend to be the fastest destination for capital inflows.

Just look at the recent market performance: ETH has rushed to $4,000, and LUNA has soared by more than 20% in a single day. These smart money are already preparing for the arrival of the era of liquidity. Historical experience tells us that when central banks around the world open the liquidity floodgates, cryptocurrencies are always the first to fill the pond.

Geopolitical tensions are resonating with financial policy adjustments. Is your position ready? Is it to panic and cut meat when it falls, or to preemptively lay out before the new cycle? This could be the decisive choice.