The Fed's rate cut has finally landed—25 basis points as expected. But did you notice? The market reaction was surprisingly muted.

This move is actually a classic case of "buy the rumor, sell the news." The bullish news was priced in weeks ago, so when the announcement finally came, it became a signal for profit-taking. Don't expect an immediate surge in the short term.

What’s more worth noting is Powell’s late-night statement. While cutting rates, he also emphasized "data-dependent decisions." This sounds neutral, but it’s actually a way to cool down the market. Inflation pressure hasn't been fully resolved, so this rate cut seems more like a compromise forced by economic data. The next policy move could abruptly change direction, so be mentally prepared for short-term volatility in assets like $ETH .

Looking at the bigger picture, there are three underlying logics you can't ignore:

**First**, this rate cut is a "tentative move." If the data weakens going forward, expectations for more cuts will strengthen; if the data improves, there’s actually more room for cuts. In either scenario, the direction of looser liquidity has already begun and won’t easily reverse.

**Second**, history always repeats itself. Think back to the Fed’s dovish turn in 2019, massive liquidity injections in 2020, and ETF approvals in 2023... Every time the money gate opens, crypto assets are among the top gainers. A new liquidity cycle may have already quietly started.

**Finally**, it’s always darkest before dawn. The current market volatility is exactly the process of filtering out weak hands—when panic spreads, smart money is buying the dip. If your capital isn’t large, now is the time to prepare your ammunition.

Right now, it’s a psychological game: is panic selling a trap, or a great buying opportunity? The big rally won’t erupt suddenly, but the turning point is getting closer. Patience and judgment are more important than impulsive moves.