#以太坊大户持仓变化 The Federal Reserve's dovish stance has triggered intense volatility in global markets, and these past few days have indeed been quite revealing.

Yesterday, several Fed officials' statements collectively signaled a potential rate cut. Governor Milani was outspoken, suggesting that this year's rate cuts could exceed 100 basis points, while also emphasizing that core inflation is approaching the target level. Another official, Barkin, also made interesting remarks, mentioning the need to find a balance between controlling inflation and maintaining employment to prevent economic pressure.

How quickly did the market react? Just look at these data points—CME FedWatch Tool shows that the probability of a rate cut in March has already reached 40%. Although action in January might be limited, a basic consensus has formed: at least two rate cuts are expected this year. Based on this outlook, the federal funds rate could fall back to the 3.00%-3.25% range by the end of the year.

The crypto market's performance is the most direct indicator. Mainstream cryptocurrencies like $BTC, $ETH, and $BNB are rising in unison, igniting bullish sentiment instantly. Not only crypto; gold and silver also opened higher this morning, as a wave of asset reallocation is taking shape.

Historically, the start of an easing cycle often releases a large amount of liquidity, making high-risk assets highly attractive. The key now is to observe whether the market can sustain this momentum or if a technical correction will occur at some point. What are your thoughts on the direction of this round?