The Federal Reserve's December meeting minutes just came out, and the market has finally received the signal it has been waiting for. According to financial analysis, although the minutes didn't reveal many new surprises, one clear point stands out: FOMC members are now leaning dovish and are seriously considering further rate cuts.

In plain terms, the policy stance is indeed shifting. Most Federal Reserve officials are open to continuing rate cuts, indicating that monetary policy is moving toward easing. Previously, the market speculated whether a rate cut window would open in 2026, and now the minutes have essentially confirmed this expectation.

However, there is a key conditional factor—inflation data. The minutes explicitly emphasize that any policy adjustments depend on whether inflation remains truly soft; they won't change strategies impulsively just because a month's data looks better. In other words, the pace and magnitude of rate cuts will be determined by inflation, and there won't be any blunt, sweeping reductions.

What does this mean for the crypto market? Once the Fed's dovish stance is confirmed, market expectations for liquidity to rebound will be reinforced. Historical experience shows that rate cut cycles are usually accompanied by capital shifting toward high-risk assets, and assets like Bitcoin are particularly sensitive to interest rate expectations, so they could receive support.

To sum up: The Federal Reserve is ready for rate cuts; now it all depends on when inflation will truly "give in."