🚨 IT'S REAL — AND IT'S NOT NOISE 🚨

🔥 The reserve balances of the Federal Reserve HAVE JUST FALLEN TO THE LOWEST LEVEL SINCE EARLY DECEMBER.

This is already in the official data and was reported by financial media.

📉 What actually happened (no smoke):

• Bank reserves at the Fed fell to ~US$2.93 trillion

• It's the lowest point since early December

• It's not opinion, it's pure accounting of the financial system

⚠️ Why it matters (the part they don't tell you):

• Less reserves = less immediate liquidity cushion

• It happens at the end of the year, when the system tends to be more tense

• The Fed is no longer actively draining balance, so this drop is not automatic QT, it's real money flow moving

🧠 Simple translation:

Money is moving, it's not "comfortable" parked at the Fed.

That usually happens when:

• There's pressure in the system

• Or banks need liquidity elsewhere

• Or the market is readjusting before a major change

❌ What it DOES NOT mean (let's be clear):

• It's not an immediate collapse

• It's not a banking crisis today

• But it's also not irrelevant

💥 Direct conclusion:

✔️ Yes, it's real.

✔️ Yes, it's a signal to watch.

✔️ Yes, it confirms that liquidity IS NOT as loose as some sell.