The Federal Reserve FOMC meeting "big move," cuts interest rates by 25 basis points, with the benchmark rate reaching 3.5%-3.75%, and also initiates a plan to purchase 40 billion USD worth of short-term Treasury bills. But don't get too excited; this bond purchase is to "supplement liquidity" in the banking system, not QE, and the funds do not directly flow into the stock market and cryptocurrency market. $SOL $BNB $BTC In the medium to long term, accommodative policies have indirect positive effects. The cost of financing for U.S. stock companies decreases, earnings expectations improve, and tech stocks and growth stocks may be supported; short-term sentiment in cryptocurrencies is boosted, but the gains are unlikely to match those during QE cycles. It is highly probable that interest rates will continue to be cut in 2026, but at a slower pace. Overall, the market environment remains accommodative, but the rise of risk assets relies on indirect liquidity spillover and their own fundamentals. Everyone should stay alert when trading and avoid blindly following the trend!