#通证化浪潮 Recently, the report from Deutsche Bank about the potential launch of QE in Q1 2026 has sparked quite a discussion in the circle. However, we need to understand one thing first — this is just one institution's opinion, and the Fed has not made any official announcement. There is still a considerable amount of time until early 2026, and if the economic data fluctuates a bit during this period, the entire policy path could be rewritten. After all, the Fed's primary task right now is to keep an eye on inflation, and if they really want to shift to point shaving, they must at least wait until the signals of economic recession are sufficiently clear.

Speaking of the cryptocurrency market, I've seen quite a few exaggerated predictions flying around these days. Cathie Wood's Bitcoin target of $1.5 million sounds exciting, but it's based on extremely idealized assumptions. And those short-term calls like "a certain coin will surge to $7,000 in 45 days" shouldn't be taken too seriously.

The basic conditions of $ETH are indeed good, and various technical upgrades are also steadily progressing. But the question is, what are the actual effects of the upgrades, and will the market accept them? These need time to verify. As for emerging projects like $ASTER , the concept is fresh, but the risks are also present—conducting in-depth research on the team's background and the implementation of technology is a must.

When it comes to investing, the biggest fear is being led by emotions. In terms of capital allocation, do not go all in on high-risk assets; take a look at the project's white paper and community activity, rather than just listening to a big influencer's recommendations. Everyone understands the fluctuation of cryptocurrencies; it's fine to play with spare money, but don't gamble your living expenses on tomorrow. Short-term price predictions can easily lead to heated minds, but what truly allows one to traverse cycles is a long-term perspective.

Currently, there is indeed a possibility of loosening monetary policy, but when exactly it will shift and how strong it will be is anyone's guess. It is recommended to pay close attention to the U.S. CPI data, non-farm payroll reports, and the public speeches of those officials from the Fed—these are the true signals of policy direction.

The last sentence: Investment decisions should be based on your own research and risk tolerance. Don't let reports from any institution or popular posts on social media make decisions for you. The market is always full of fluctuations, leaving some room is never a mistake.