The scene at the Federal Reserve meeting was incredibly lively—unanimous agreement to cut interest rates in December, then a sudden shift to discussions about next year's outlook, and the whole place exploded. Hawkish members got anxious: "If we cut again, the economy will have problems!" Dovish members immediately retorted: "As long as there's room for inflation, we'll keep easing."

The most interesting line in the meeting minutes: "Most officials support the need for further rate cuts."

What does this mean? Simply put—it's like turning the tap just a little, and don't expect us to close it before 2026. Loose liquidity is the established tone; this train has already left the station, only the speed and rhythm are still being negotiated.

For the market? The Fed's pattern of "hesitating every few steps and consulting along the way" guarantees that each meeting is a global emotional game. Policy changes day to day, and uncertainty becomes the biggest enemy—and also the best friend—of traders.

The key point:

**Don’t focus on counting the number of rate cuts on the calendar.** Direction is much more important than pace. As long as the overall liquidity remains broadly loose, high-elasticity assets have potential.

**Traditional funds jump between stocks, bonds, and gold,** jumping so much it hurts and tires them out because policy signals change three times a day. What about Bitcoin? It doesn’t dance to this tune—its fixed supply of 21 million, no meetings, no arguments, rules written in code. Central banks sway on a tightrope, but it remains unmoved.

**Liquidity gradually loosens, and the end point is easing.** Once this expectation is solidified, the performance space for high-elasticity assets opens up.

#战略性加仓BTC $BTC $WCT