#数字资产行情上升 The recent statement by Federal Reserve Board member Waller has caused a seismic shift in the market, bluntly stating that interest rates must be lowered by more than 100 basis points by 2026 to address economic downside risks.

This remark breaks previous market speculation. From the data perspective, the Federal Reserve is undergoing a dramatic policy shift—from an aggressive rate-hiking cycle to a clear expectation of rate cuts. This reflects not only surface-level data changes but also a deeper reassessment of the economic fundamentals.

Market participants need to understand the significance of this signal. The Fed would not change its tone without reason. When policymakers start planning the rate cut path two years in advance, it indicates they have identified underlying issues beneath the surface. Vulnerable links in the economic structure and potential asset bubble pressures are prompting the central bank to make forward-looking adjustments.

What does this shift mean for crypto assets? Historically, an environment of ample liquidity tends to favor risk assets. Once the rate cut cycle begins in 2026, the entire asset allocation landscape will change accordingly. This is not mere market speculation but a clear direction from policy-making levels.

The policy evolution over the next two years warrants continuous attention. Every move by the Federal Reserve will reshape market expectations.