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$BTC $ZEC
The Federal Reserve has made a bold move! Is the flood of money really coming? Bull market signal? 🔥
欢迎到聊天室聊聊趋势
No way, just after saying they wouldn't raise interest rates, the Federal Reserve suddenly “opens the floodgates”? 🤯 Just now, the Federal Reserve officially announced the start of “technical expansion”! They declared that starting this month, they will aggressively purchase short-term government bonds, the first wave being $40 billion! They promised to reduce the balance sheet, what does this operation mean?
The market instantly exploded! This is not a small matter, although the officials emphasized that it is “technical” to maintain liquidity stability, real money is indeed going to flow out! 💰 Historical experience tells us that when the Federal Reserve's balance sheet expands, market liquidity often becomes restless. What does this mean for the cryptocurrency sector? You know what I mean!
Key points overview:
· 🚀 Immediate action: Purchases start this month, with a scale maintained at a high level in the short term!
· 📈 Not QE, better than QE? Although the Federal Reserve tries to differentiate, when the water comes, the pool will inevitably stir up waves.
· ⚡ Impact on the cryptocurrency sector: Expectations for liquidity are heating up, and risk assets may benefit from a warm wind. Will mainstream assets like BTC and ETH celebrate first? In an increasingly interconnected crypto market, can this time catch the favorable wind?
However, don’t rush in just yet! 🧐 The Federal Reserve also mentioned that there will be a “significant reduction” in a few months. Is this operation a short-term adjustment or a prelude to a long-term shift? Will the market buy into it? The real turning point may still be ahead…
Now the most critical question arises:
Can this round of “technical easing” really ignite the market? Is it a short-term rebound, or the starting point of a larger trend? 🤔 Is a bull market really just around the corner? Or is the shadow of a bear market still lingering?
What do you think? Waiting for your insights in the comments! 👇 Is it an opportunity, or just a smokescreen?
#美联储降息 #扩表 #加密市场 #BTC
The Federal Reserve has made a bold move! Is the flood of money really coming? Bull market signal? 🔥
欢迎到聊天室聊聊趋势
No way, just after saying they wouldn't raise interest rates, the Federal Reserve suddenly “opens the floodgates”? 🤯 Just now, the Federal Reserve officially announced the start of “technical expansion”! They declared that starting this month, they will aggressively purchase short-term government bonds, the first wave being $40 billion! They promised to reduce the balance sheet, what does this operation mean?
The market instantly exploded! This is not a small matter, although the officials emphasized that it is “technical” to maintain liquidity stability, real money is indeed going to flow out! 💰 Historical experience tells us that when the Federal Reserve's balance sheet expands, market liquidity often becomes restless. What does this mean for the cryptocurrency sector? You know what I mean!
Key points overview:
· 🚀 Immediate action: Purchases start this month, with a scale maintained at a high level in the short term!
· 📈 Not QE, better than QE? Although the Federal Reserve tries to differentiate, when the water comes, the pool will inevitably stir up waves.
· ⚡ Impact on the cryptocurrency sector: Expectations for liquidity are heating up, and risk assets may benefit from a warm wind. Will mainstream assets like BTC and ETH celebrate first? In an increasingly interconnected crypto market, can this time catch the favorable wind?
However, don’t rush in just yet! 🧐 The Federal Reserve also mentioned that there will be a “significant reduction” in a few months. Is this operation a short-term adjustment or a prelude to a long-term shift? Will the market buy into it? The real turning point may still be ahead…
Now the most critical question arises:
Can this round of “technical easing” really ignite the market? Is it a short-term rebound, or the starting point of a larger trend? 🤔 Is a bull market really just around the corner? Or is the shadow of a bear market still lingering?
What do you think? Waiting for your insights in the comments! 👇 Is it an opportunity, or just a smokescreen?
#美联储降息 #扩表 #加密市场 #BTC
ETH
Holding
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+13.86 USDT
Binance BiBi:
您好！我看到您在探讨美联储的扩表动作。通常，增加市场流动性对加密货币等风险资产是积极信号。不过，短期市场反应可能复杂，有时会因消息已被消化而出现波动。从长远看，这可能为市场提供支撑，但请务必DYOR哦！
See original
💍Essential for beginners, a clear explanation of #缩表 QT and #扩表 QE💍 (Part 2)
--Recently, I have been quite exhausted with the popular science surrounding QT and QE, and I've racked my brains to write this popular science article, preparing to hand it to anyone who doesn't understand; it really can't be more detailed or simpler.
Continuing from the previous article's QE section
👉Scenario 2: Quantitative Tightening (QT) - 'Collect money at maturity, destroy the money'
Objective: To combat inflation by retracting excess liquidity from the market.
Operation: The Federal Reserve passively allows the treasury bonds it holds to mature without reinvesting.
1. Initial State (Before QT starts, following QE)
Federal Reserve: Assets (1 piece of $100 treasury bond), Liabilities ($100 reserves).
U.S. Treasury: owes the Federal Reserve $100 in debt.
2. The treasury bond has matured
This $100 treasury bond has reached its repayment date.
The Treasury needs to return $100 principal to the Federal Reserve. Where does the money come from? The Treasury raises funds through taxation or by issuing new treasury bonds to other investors.
The Treasury transfers $100 in cash to the Federal Reserve's account.
3. Key Step: 'No Reinvestment' under QT
Under QT policy, after the Federal Reserve receives this $100 cash:
It will not use it to purchase new treasury bonds.
Instead, it lets this $100 cash remain 'static' in its own accounts. In accounting terms, this cash has no corresponding liability item to match, thus it is essentially 'canceled' or 'destroyed'.
4. The State After QT Completion
Changes in the Federal Reserve's ledger:
Assets decrease: The $100 treasury bond disappears (converted to $100 cash, but the cash is frozen/destroyed and does not count as effective asset expansion).
Liabilities decrease: The corresponding $100 'bank reserves' are also simultaneously canceled.
Balance sheet size shrinks: from 200 (assets + liabilities) down to 0 (assuming this is the only asset). In reality, it's a slow contraction of tens of trillions of dollars.
Market Effect:
The reserves in the banking system have permanently decreased by $100.
The base currency in the market has been withdrawn, tightening liquidity.
✅ The Core Essence of QT:
Federal Reserve: 'Destroys money' by shrinking its own balance sheet.
Market: Liquidity is permanently withdrawn. This is a slow but ongoing 'draining' process.
#量化紧缩
--Recently, I have been quite exhausted with the popular science surrounding QT and QE, and I've racked my brains to write this popular science article, preparing to hand it to anyone who doesn't understand; it really can't be more detailed or simpler.
Continuing from the previous article's QE section
👉Scenario 2: Quantitative Tightening (QT) - 'Collect money at maturity, destroy the money'
Objective: To combat inflation by retracting excess liquidity from the market.
Operation: The Federal Reserve passively allows the treasury bonds it holds to mature without reinvesting.
1. Initial State (Before QT starts, following QE)
Federal Reserve: Assets (1 piece of $100 treasury bond), Liabilities ($100 reserves).
U.S. Treasury: owes the Federal Reserve $100 in debt.
2. The treasury bond has matured
This $100 treasury bond has reached its repayment date.
The Treasury needs to return $100 principal to the Federal Reserve. Where does the money come from? The Treasury raises funds through taxation or by issuing new treasury bonds to other investors.
The Treasury transfers $100 in cash to the Federal Reserve's account.
3. Key Step: 'No Reinvestment' under QT
Under QT policy, after the Federal Reserve receives this $100 cash:
It will not use it to purchase new treasury bonds.
Instead, it lets this $100 cash remain 'static' in its own accounts. In accounting terms, this cash has no corresponding liability item to match, thus it is essentially 'canceled' or 'destroyed'.
4. The State After QT Completion
Changes in the Federal Reserve's ledger:
Assets decrease: The $100 treasury bond disappears (converted to $100 cash, but the cash is frozen/destroyed and does not count as effective asset expansion).
Liabilities decrease: The corresponding $100 'bank reserves' are also simultaneously canceled.
Balance sheet size shrinks: from 200 (assets + liabilities) down to 0 (assuming this is the only asset). In reality, it's a slow contraction of tens of trillions of dollars.
Market Effect:
The reserves in the banking system have permanently decreased by $100.
The base currency in the market has been withdrawn, tightening liquidity.
✅ The Core Essence of QT:
Federal Reserve: 'Destroys money' by shrinking its own balance sheet.
Market: Liquidity is permanently withdrawn. This is a slow but ongoing 'draining' process.
#量化紧缩
Howie1024
--
💍Essentials for Beginners: A Clear Explanation of #缩表 QT and #扩表 QE💍 (Part 1)
--Recently, I’ve been exhausted by explanations about QT and QE, and after racking my brain, I’ve written this popular science article, ready to hand it to anyone who doesn’t understand; it really can’t be more detailed or simpler.
👉Story Background: What is a balance sheet?
Imagine the Federal Reserve has a two-column ledger:
📒Left Column "Assets": Records what it owns (mainly government bonds and MBS).
📒Right Column "Liabilities": Records what it owes to others (mainly "bank reserves," which is the money commercial banks have deposited with it).
This ledger must always balance: Assets = Liabilities.
👉Scenario One: Quantitative Easing (QE) - "Printing Money to Buy Bonds, Injecting Liquidity into the Market"
Goal: Stimulate the economy by injecting a large amount of liquidity into the market.
Operation: The Federal Reserve actively purchases government bonds from banks/dealers in the secondary market.
1. Initial State (Before Purchase)
JPMorgan Chase: Holds one government bond with a face value of 100 dollars.
Federal Reserve: Assets (Government Bonds) = 0 dollars, Liabilities (Reserves) = 0 dollars.
2. Federal Reserve Executes QE Purchase
The Federal Reserve wants to buy this 100-dollar government bond from JPMorgan Chase. Where does the money come from? It creates it out of thin air.
The Federal Reserve types a number into JPMorgan Chase's "Reserve Account" at the Federal Reserve: +100 dollars.
At the same time, it records that government bond in its own ledger's "Assets" column.
3. State After Transaction Completion
JPMorgan Chase:
Lost: 1 bond worth 100 dollars.
Gained: An additional 100 dollars in the Federal Reserve's reserve account (this is cash that can be used anytime).
Changes in the Federal Reserve's ledger:
Assets increase: +100 dollars (Government Bonds)
Liabilities increase: +100 dollars (Bank Reserves)
Ledger Balances: 100 (Assets) = 100 (Liabilities)
✅ The Core Essence of QE:
Federal Reserve: “Prints money” by expanding its own balance sheet.
Market: The banks' "reserves" (i.e., base money) permanently increase by 100 dollars. This new money will enter the financial system, and banks can use it for lending and investment, lowering interest rates and stimulating the economy.
It’s like: The Federal Reserve issued a check that it never needs to cash (reserves), buying bonds from the market. Cash in the market increases while bonds decrease.
QT Quantitative Tightening in the Next Article
#量化紧缩
--Recently, I’ve been exhausted by explanations about QT and QE, and after racking my brain, I’ve written this popular science article, ready to hand it to anyone who doesn’t understand; it really can’t be more detailed or simpler.
👉Story Background: What is a balance sheet?
Imagine the Federal Reserve has a two-column ledger:
📒Left Column "Assets": Records what it owns (mainly government bonds and MBS).
📒Right Column "Liabilities": Records what it owes to others (mainly "bank reserves," which is the money commercial banks have deposited with it).
This ledger must always balance: Assets = Liabilities.
👉Scenario One: Quantitative Easing (QE) - "Printing Money to Buy Bonds, Injecting Liquidity into the Market"
Goal: Stimulate the economy by injecting a large amount of liquidity into the market.
Operation: The Federal Reserve actively purchases government bonds from banks/dealers in the secondary market.
1. Initial State (Before Purchase)
JPMorgan Chase: Holds one government bond with a face value of 100 dollars.
Federal Reserve: Assets (Government Bonds) = 0 dollars, Liabilities (Reserves) = 0 dollars.
2. Federal Reserve Executes QE Purchase
The Federal Reserve wants to buy this 100-dollar government bond from JPMorgan Chase. Where does the money come from? It creates it out of thin air.
The Federal Reserve types a number into JPMorgan Chase's "Reserve Account" at the Federal Reserve: +100 dollars.
At the same time, it records that government bond in its own ledger's "Assets" column.
3. State After Transaction Completion
JPMorgan Chase:
Lost: 1 bond worth 100 dollars.
Gained: An additional 100 dollars in the Federal Reserve's reserve account (this is cash that can be used anytime).
Changes in the Federal Reserve's ledger:
Assets increase: +100 dollars (Government Bonds)
Liabilities increase: +100 dollars (Bank Reserves)
Ledger Balances: 100 (Assets) = 100 (Liabilities)
✅ The Core Essence of QE:
Federal Reserve: “Prints money” by expanding its own balance sheet.
Market: The banks' "reserves" (i.e., base money) permanently increase by 100 dollars. This new money will enter the financial system, and banks can use it for lending and investment, lowering interest rates and stimulating the economy.
It’s like: The Federal Reserve issued a check that it never needs to cash (reserves), buying bonds from the market. Cash in the market increases while bonds decrease.
QT Quantitative Tightening in the Next Article
#量化紧缩
See original
💍Essentials for Beginners: A Clear Explanation of #缩表 QT and #扩表 QE💍 (Part 1)
--Recently, I’ve been exhausted by explanations about QT and QE, and after racking my brain, I’ve written this popular science article, ready to hand it to anyone who doesn’t understand; it really can’t be more detailed or simpler.
👉Story Background: What is a balance sheet?
Imagine the Federal Reserve has a two-column ledger:
📒Left Column "Assets": Records what it owns (mainly government bonds and MBS).
📒Right Column "Liabilities": Records what it owes to others (mainly "bank reserves," which is the money commercial banks have deposited with it).
This ledger must always balance: Assets = Liabilities.
👉Scenario One: Quantitative Easing (QE) - "Printing Money to Buy Bonds, Injecting Liquidity into the Market"
Goal: Stimulate the economy by injecting a large amount of liquidity into the market.
Operation: The Federal Reserve actively purchases government bonds from banks/dealers in the secondary market.
1. Initial State (Before Purchase)
JPMorgan Chase: Holds one government bond with a face value of 100 dollars.
Federal Reserve: Assets (Government Bonds) = 0 dollars, Liabilities (Reserves) = 0 dollars.
2. Federal Reserve Executes QE Purchase
The Federal Reserve wants to buy this 100-dollar government bond from JPMorgan Chase. Where does the money come from? It creates it out of thin air.
The Federal Reserve types a number into JPMorgan Chase's "Reserve Account" at the Federal Reserve: +100 dollars.
At the same time, it records that government bond in its own ledger's "Assets" column.
3. State After Transaction Completion
JPMorgan Chase:
Lost: 1 bond worth 100 dollars.
Gained: An additional 100 dollars in the Federal Reserve's reserve account (this is cash that can be used anytime).
Changes in the Federal Reserve's ledger:
Assets increase: +100 dollars (Government Bonds)
Liabilities increase: +100 dollars (Bank Reserves)
Ledger Balances: 100 (Assets) = 100 (Liabilities)
✅ The Core Essence of QE:
Federal Reserve: “Prints money” by expanding its own balance sheet.
Market: The banks' "reserves" (i.e., base money) permanently increase by 100 dollars. This new money will enter the financial system, and banks can use it for lending and investment, lowering interest rates and stimulating the economy.
It’s like: The Federal Reserve issued a check that it never needs to cash (reserves), buying bonds from the market. Cash in the market increases while bonds decrease.
QT Quantitative Tightening in the Next Article
#量化紧缩
--Recently, I’ve been exhausted by explanations about QT and QE, and after racking my brain, I’ve written this popular science article, ready to hand it to anyone who doesn’t understand; it really can’t be more detailed or simpler.
👉Story Background: What is a balance sheet?
Imagine the Federal Reserve has a two-column ledger:
📒Left Column "Assets": Records what it owns (mainly government bonds and MBS).
📒Right Column "Liabilities": Records what it owes to others (mainly "bank reserves," which is the money commercial banks have deposited with it).
This ledger must always balance: Assets = Liabilities.
👉Scenario One: Quantitative Easing (QE) - "Printing Money to Buy Bonds, Injecting Liquidity into the Market"
Goal: Stimulate the economy by injecting a large amount of liquidity into the market.
Operation: The Federal Reserve actively purchases government bonds from banks/dealers in the secondary market.
1. Initial State (Before Purchase)
JPMorgan Chase: Holds one government bond with a face value of 100 dollars.
Federal Reserve: Assets (Government Bonds) = 0 dollars, Liabilities (Reserves) = 0 dollars.
2. Federal Reserve Executes QE Purchase
The Federal Reserve wants to buy this 100-dollar government bond from JPMorgan Chase. Where does the money come from? It creates it out of thin air.
The Federal Reserve types a number into JPMorgan Chase's "Reserve Account" at the Federal Reserve: +100 dollars.
At the same time, it records that government bond in its own ledger's "Assets" column.
3. State After Transaction Completion
JPMorgan Chase:
Lost: 1 bond worth 100 dollars.
Gained: An additional 100 dollars in the Federal Reserve's reserve account (this is cash that can be used anytime).
Changes in the Federal Reserve's ledger:
Assets increase: +100 dollars (Government Bonds)
Liabilities increase: +100 dollars (Bank Reserves)
Ledger Balances: 100 (Assets) = 100 (Liabilities)
✅ The Core Essence of QE:
Federal Reserve: “Prints money” by expanding its own balance sheet.
Market: The banks' "reserves" (i.e., base money) permanently increase by 100 dollars. This new money will enter the financial system, and banks can use it for lending and investment, lowering interest rates and stimulating the economy.
It’s like: The Federal Reserve issued a check that it never needs to cash (reserves), buying bonds from the market. Cash in the market increases while bonds decrease.
QT Quantitative Tightening in the Next Article
#量化紧缩
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