Good news is here! The Federal Reserve's liquidity actions are taking effect! Starting December 12, short-term Treasury purchases will begin, with a plan to buy $40 billion in the first month, and an actual purchase of $8.2 billion on the first day. The market expects cumulative bond purchases to reach $525 billion by 2026.

Note! This is a technical reserve management, but essentially it aims to stimulate market liquidity, alleviate short-term interest rate pressure, and reduce borrowing costs. This is a hidden benefit for cryptocurrencies and the stock market; the signal for easing liquidity is clear. Going forward, the focus will be on closely monitoring the rhythm of liquidity transmission. It seems the bull market for next year is stable, while the current bear market still requires everyone to hold on to #加密市场观察 $BTC .