Everyone is watching this week’s rate cut decision, but Wall Street veterans have already set their sights elsewhere—that’s the real variable that could change the game in 2025.

Let’s start with three facts that are happening right now:

**Economic data tells the truth**
Two sets of numbers from last week are interesting. The US ADP employment data turned negative, -32,000 jobs. Such a sudden halt is rare during an economic expansion cycle. At the same time, the core PCE inflation rate dropped to 2.8%, so inflation—the roadblock—has finally calmed down. What does it mean when you put these two signals together? The balance of decision-making at the Federal Reserve has clearly shifted toward easing.

**Rate cuts are just the appetizer**
A 25 basis point rate cut has already been priced in by the market. What’s truly worth watching? There are rumors that the Fed may restart its Treasury bond purchase program, at a scale of about $4.5 billion per month. Don’t underestimate this move—it means the balance sheet will expand again after (QT) (quantitative tightening). Put simply, the money printer is about to restart. Dollar liquidity will shift from recovery mode to injection mode, which for risk assets is like swapping in a brand-new engine.

**A bigger shift is happening at the foundation**
While everyone is talking about interest rates, the SEC chair dropped an even bigger viewpoint: the entire US financial market could move onto the blockchain within two years. This isn’t just a tech fantasy, it’s an official regulatory statement. If this really happens, the positioning of cryptocurrencies will be fundamentally transformed—from speculative assets into the infrastructure of future finance. Once this logic takes hold, the entire valuation system has to be rewritten.

What’s in front of us isn’t a question of chart patterns or technical indicators, but a choice:
Will you reassess your allocations before the trend takes off, or wait until everyone is talking about it, and pay a higher price to jump in?

The market will provide its own answer. What do you think?