#美联储货币政策 Reflecting on the changes in Federal Reserve monetary policy, one cannot help but feel that the market is always repeating history. The current situation reminds me of the aftermath of the 2008 financial crisis. At that time, the Federal Reserve also faced the dual challenges of leadership changes and policy adjustments. Now, we see a similar script playing out again.

Hassett may become the next Chair, which could mean a more dovish monetary policy. History shows us that policy shifts are often accompanied by market volatility. Bitcoin is currently consolidating around $90,000, but this calm may just be the calm before the storm.

From past experience, the impact of Federal Reserve policy changes on the cryptocurrency market should not be underestimated. When the rate hike cycle began in 2017, Bitcoin also experienced intense fluctuations. Today, we find ourselves at a similar crossroads.

It is worth noting that recent financing by Strategy has temporarily alleviated market anxiety, but structural pressures still remain. This reminds me of the market sentiment after the Mt. Gox incident in 2014. History is always surprisingly similar.

Regarding the current situation, I recommend staying vigilant but not overly pessimistic. The Federal Reserve's policy shift may bring short-term volatility, but in the long run, the fundamentals of cryptocurrencies have not changed. As we have seen in past cycles, every crisis ultimately becomes a catalyst for industry evolution.