#美联储联邦公开市场委员会决议 $BTC $ETH $DOGE 【Tonight's Federal Reserve meeting, the real bomb may not be the 25 basis point rate cut】

A 25 basis point rate cut? That's already a consensus. The real issue is how much longer the Fed's credibility can hold.

Wall Street has already given a name to this move—"Rate cut, but stay silent." Three consecutive rate cuts seem to reassure the market on the surface, but core inflation continues to stall, and internal disagreements within the Fed have been frequent. Powell's wording tonight will be crucial: loose policy is at its end, and the tools in their arsenal are nearly exhausted. This is the so-called "hawkish rate cut," using tomorrow's risks to stimulate today.

But the market's reaction has been very indifferent.

The details have long been leaked: on the eve of the rate cut, the 10-year U.S. Treasury yield shot up, as if saying "I don't believe you." What's going on? Trump has already made it clear that the next Fed Chair must be someone willing to cooperate with rate cuts, and the frontrunner, Haskett, is already labeled as a "politician."

The world's largest hedge fund, Man Group, bluntly stated: if the new chair is perceived as a pawn of the White House, the bond market will respond with a sell-off, and long-term interest rates could soar.

So what should we do? The only move is to restart QE, once again turning on the printing press to push down interest rates. Remember the UK in 2022? The bond market was wiped out instantly. Once a country's credit is in trouble, financing costs will never return to previous levels.

How does this affect your account?

In the short term, the stock market may rise first and then fall, so watch out for a reversal right after Powell's speech. In the medium term, shorting the dollar will become the market's main strategy, and the bond market will turn into a minefield, with yields possibly surging past 5%. For long-term hedging, $BTC and gold have the potential to usher in a new cycle—currency devaluation + QE expectations, which are their best stories.

Tonight is just a surface node.
Essentially, this is the starting point of "monetary faith" shaking.
The rules of the market game are about to change.