#美联储利率政策 The Federal Reserve has started easing again, but this time it's called "Treasury Bond Purchases," politely referred to as "Hidden QE." An initial scale of $40 billion, continuing until April 2026, with the policy environment shifting from tightening to easing—this signal is indeed positive for the crypto market.

But there's a detail worth cautioning about. Milan said that the deterioration of the labor market could happen quickly, non-linearly, and be hard to reverse. They are accelerating policy easing to respond to the risks. In other words: the economy might be headed for trouble, so they are preemptively easing to stop the bleeding. I've seen this move many times, each time accompanied by marketing tactics like "bottom-fishing opportunities" and "thousand-fold coins."

Friends who have gone through several cycles understand that loose policies can indeed boost risk asset prices, but at the same time, it's also the best time to harvest profits. Large funds build positions based on policy expectations, retail investors follow suit, and then when there's a negative surprise or policy shift, it's time to cut losses.

My simple advice: if you decide to participate during this policy window, make sure to do three things. First, only invest disposable funds that you can afford to lose entirely. Second, identify the project’s lifecycle stage—avoid chasing hot coins at their peak, and look for those that have already adjusted sufficiently and have stable fundamentals. Third, set clear stop-loss and take-profit levels—don't get blinded by rapid gains, and don't fantasize about perpetual growth.

Loose policies are not a guarantee of wealth; they are just one variable in the market. Those who survive long-term don’t rely on policies to make money—they rely on risk management and a clear mind.