🔔Williams Bows to the "Eagle": No Hope for Rate Cuts? The Crypto Liquidity Alarm Rings Again!

New York Federal Reserve President Williams recently spoke, pouring cold water on the market. While acknowledging that Middle Eastern conflicts have caused supply chain disruptions, he clearly stated: the current Federal Reserve policy has achieved a "balance" between inflation and employment, implying that interest rates will remain unchanged.
⚠️ Here’s the key point:
· Williams avoided the debate over whether the next move will be rate hikes or cuts, taking a hawkish stance;
· He compared the current supply chain shocks to those after the 2021 pandemic, but pointed out that the employment market no longer fuels inflation, implying—there's no need to cut rates to "rescue the market";
· He expects U.S. economic growth of 2%-2.25% in 2025-2026, with unemployment stable at 4.25%-4.5%.
In other words: the threshold for rate cuts this year remains high. For risk assets, especially the crypto market, this is not good news.
🧊 Liquidity remains tight, making it hard for the crypto market to celebrate:
· BTC is still oscillating at high levels but lacks new capital inflows;
· The ETH upgrade narrative is popular, but overall macro conditions remain under pressure;
· Rebounds in SOL, DOGE, and others are limited, and market sentiment is easily disturbed by macro shocks.
📌 Summary: Williams’ speech is generally hawkish, with little hope for rate cuts. The high-interest-rate environment will continue to suppress the valuation expansion of crypto assets. Short-term, don’t expect a flood of liquidity; cautious defense is the priority.
$BTC ‌