#美联储利率政策预期 Analyzing recent market trends, the expectations of Federal Reserve rate cuts and crypto-friendly policies are creating a favorable environment. Although Bitcoin, BCH, and others are performing well, Ethereum and the overall market remain relatively lagging. This may be due to factors such as liquidity tightening triggered by the "1011" event and four-year cycle resonance. However, as the negative factors are gradually digested, the market may end its 60-day adjustment. The future market outlook is worth looking forward to, but investors should remain patient and wise. It is recommended to closely monitor on-chain fund flows and large account movements to prepare for a potential rebound.