#数字资产动态追踪 The Fed's "dovish" signals last night completely ignited the market.

A series of heavyweight officials took turns speaking, reinforcing expectations of rate cuts. This is not speculation, but real policy signals being released.

Let's organize the key information:

Official Milan straightforwardly said that the rate cut could exceed 100 basis points this year, and the core inflation indicator is already close to the target. At the same time, official Barkin also mentioned that policy adjustments need to find a balance between suppressing inflation and protecting employment—sounds cautious, but essentially paving the way for rate cuts.

Data from the CME FedWatch tool reflects the market's true expectation changes:

The probability of maintaining interest rates in January is 81.7%, but by March, the probability of a 25 basis point rate cut jumps to 40.7%. Over the year, the market has priced in two rate cuts, and the end-of-year interest rate may fall back to the 3.00%-3.25% range.

This shift in expectations immediately left its mark on various assets.

U.S. stocks are the hottest—both the Dow Jones Industrial Average and the S&P 500 hit new all-time highs, with the Nasdaq following suit. However, Chinese concept stocks performed weakly, with the Nasdaq Golden Dragon China Index falling 0.78%, creating a contrast. The crypto sector also couldn't sit still; $BTC, $ETH, and $BNB started rebounding on the back of the loose policy expectations, with funds clearly beginning to stir. Precious metals like gold and silver also opened higher, reflecting both safe-haven considerations and responses to the easing expectations.

Ultimately, rate cuts haven't truly materialized yet, but this strong expectation of easing has already become the most powerful factor driving the market upward. The prelude to capital game has just begun.

When liquidity expectations heat up, smart money has already started to move quietly. There are many opportunities worth paying attention to in the Ethereum ecosystem, especially projects that have both hot concepts and community consensus. Lay out your positions early so you can catch the rhythm when the big wave arrives.