#美联储货币政策 The Fed's recent moves are quite interesting. Cutting interest rates by 25 basis points has now happened three times, but the dot plot shows only one rate cut next year, which indicates that the easing cycle is basically coming to an end. The key point is that Powell emphasized that labor market data will be the next decisive factor—essentially, it depends on whether the unemployment rate can continue to weaken.

From an investment perspective, what does this mean for us? A tightening interest rate environment usually compresses liquidity in risk assets, but at the same time, it also means some project teams will increase incentives to attract participants. The market digesting the expectation, with Bitcoin briefly surging to 94,000 before pulling back, is part of this process.

My advice is to focus on new projects with clear token release plans and solid team backgrounds. When the interest rate environment is tight, high-quality projects tend to stand out more easily. Avoid blindly FOMO; instead, choose airdrop opportunities with low interaction costs and transparent rewards. This way, you can steadily accumulate assets amid macroeconomic fluctuations. Keep the rhythm, as it’s more profitable than blindly chasing hot trends.