#美联储降息预期 The news of a 25 basis point rate cut has already been digested by the market, nothing new. I see those institutions are painting a big picture again, saying that Bitcoin could reach $140,000 or $200,000 by the end of the year, they are as optimistic as ever. But that being said, the Fed's attitude is indeed a bit nuanced; on one hand, inflation is still not low, and on the other hand, there are concerns about the job market downturn, so they chose to "take small steps slowly." This cautious attitude actually surprised me.

To be honest, I am cautious about this preemptive rate cut. Historically, such cuts have indeed injected momentum into the market, but the current situation is much more complex. A large amount of funds are trapped in money market funds, and if this money floods into the crypto market, it could trigger a new round of frenzy. Those of us who have experienced ups and downs should remain vigilant and not be blinded by short-term euphoria.

Many people are starting to pay attention to altcoins again, and ETH's performance has indeed been good. But I want to remind everyone not to forget the lessons of the past. It's great that a bull market has come, but we should also think about when it will end and how to protect our profits. After all, the market is always cyclical, and today's celebration may just be the prelude to tomorrow's bubble burst. Stay clear-headed and manage risks; that is the key to surviving in this market for the long term.