#数字资产市场动态 Federal Reserve Policy Shift Expectations, a New Cycle May Begin in 2026

Recently, the market has been pondering a question: if U.S. policy shifts to easing in 2026, with liquidity being reintroduced, what opportunities will this create for digital assets?

The background is clear. In the current high-interest-rate environment, borrowing is expensive, and investment returns are under pressure. Once this environment loosens, the entire market's pricing logic—from traditional finance to digital assets—will be reordered. Historical experience shows that rate cut cycles are often accompanied by revaluation of risk assets—lower corporate financing costs, increased market liquidity, and suppressed growth expectations gradually being released.

What does this mean?

Simply put, money will become "cheaper." When the benchmark interest rate declines, the opportunity cost of holding cash rises accordingly. Funds will naturally seek higher-yielding investment opportunities. As a high-volatility, high-expectation asset class, the crypto market tends to attract more incremental capital during periods of ample liquidity.

But this is not an overnight process. From announcement to implementation, market expectations are often priced in advance. Once policy signals become clear, smart money has already begun to position early. Some are building long positions, while others are guarding against a rebound in inflation. In this uncertainty, the key is understanding your own risk tolerance.

A few points worth considering:

① During rate cut cycles, BTC, as a scarce asset, typically performs well. When liquidity is abundant, the appeal of hedging assets increases.

② ETH and mainstream public chain tokens benefit from accelerated ecosystem development, but caution is needed against short-term speculative bubbles.

③ Expectations of a weakening dollar will also push up commodities and crypto assets priced in USD.

The current strategy is: observe policy signals, track liquidity data, and dynamically adjust positions based on your risk level. A rate cut could indeed change the medium- to long-term asset allocation logic, but only if the policy truly shifts—everything depends on subsequent concrete signals.