The Federal Reserve's rate hike finally materialized. What does this mean? It means the last potential bearish factor weighing on the crypto market has been fully digested, and the market has entered a new phase of expectations.

What is truly worth paying attention to is the upcoming time window. In January 2026, the industry generally anticipates three waves of policy impacts—

First is the advancement of the crypto structural legislation, seen as a key turning point toward industry compliance. Second is the introduction of the crypto innovation exemption bill, aimed at clearing regulatory hurdles for emerging business models and technological applications. Lastly is the announcement of the Federal Reserve chairperson, which will set the tone for subsequent monetary policy expectations.

The time window during which these three policy signals are released in quick succession is uncommon. Market sentiment is gradually shifting from watchfulness to anticipation, with mainstream cryptocurrencies like ETH and BTC already beginning to reflect this expectation gap. From the end of bearish signals to the realization of bullish ones, the interim window may be shorter than you think. The question now is—are you ready?