The US government’s new round of large-scale bond purchases has been implemented, with a scale of up to $200 billion, and the market is calling it a "personalized version of easing." As a result, Ethereum continues to fluctuate around the $3110 mark, with repeated attempts to push higher and pull back, as both bulls and bears wait to see the true direction.

What’s even harder to see through is the suspense surrounding the new Federal Reserve Chair. Although senior officials have stated that the candidate has been decided, they have not disclosed any details, and the investor community generally suspects that the new leader will be more "cooperative," with the prospect of interest rate cuts sparking heated speculation.

All of this points to the same question: the easing cycle is here, but whether cryptocurrencies can follow suit depends on subsequent concrete implementation. Currently, the crypto community is waiting—waiting for clearer policies and signals from mainstream markets.