💧 LIQUIDITY DOESN’T PUMP — IT PREPARES
Early liquidity operations are rarely about boosting prices. They’re about stabilizing plumbing. Markets don’t rally because money appears — they rally when confidence returns that funding won’t break.
What this phase usually looks like:
• Quiet easing in money markets
• Lower stress, not instant risk-on
• Sideways price action that frustrates traders
Why this matters for crypto:
Crypto tends to move after liquidity expectations are accepted, not when they’re first spotted. That delay is where accumulation happens and impatience gets punished.
Key distinction:
This isn’t QE.
It’s the preconditions for QE if growth weakens.
Key takeaway:
Liquidity warms the engine before the launch.
By the time it’s obvious, the move is already underway.
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