#ETH走势分析 In recent days, the price movements of Bitcoin and Ethereum have indeed been fierce, leaving many watchers dumbfounded. Behind this big pump lies a key signal - the Fed's policy direction has changed.

A few days ago, several core officials of the Fed spoke one after another, releasing quite clear dovish signals. Their consensus is that the downward pressure facing the current labor market requires more attention than the inflation issue. Implication? The likelihood of a rate cut in December has increased significantly.

How fast is the market reacting? The data speaks for itself—one week ago, traders expected the probability of a 25 basis point rate cut in December to hover around 40%, but now it has surged to 80%. This drastic shift in expectations has sparked a bullish enthusiasm for risk assets, and the crypto market has naturally taken off as well.

Ultimately, the improvement in liquidity expectations is the most direct catalyst for the coin circle. Once funds catch a whiff of looseness, the willingness to allocate immediately rises. Many people have benefited from this wave of market, but only those who get the timing right truly have the skills.

That being said, everyone understands the volatility of the crypto market. The Fed's attitude may sway again with economic data, and market sentiment will change accordingly. Although the momentum is good right now, we still need to keep a tight grip on risk control—don't let temporary excitement cloud your judgment; a reasonable position is always more important than chasing highs.