#密码资产动态追踪 In 2026, the wallets of global central banks may open again. Recently, senior Federal Reserve officials hinted that next year they plan to cut interest rates by 150 basis points to repair the labor market. This is not just an isolated monetary policy; in plain terms, it’s about sending a wave of "easing dividends" to the crypto market.

You can think of the Federal Reserve as a "dam" for global capital. Once interest rates are cut, cheap dollars will flood in all directions like a breached dam. The returns on traditional financial products are already pitiful, and old-fashioned instruments like bonds and savings are even less profitable. By then, those wealthy institutions and individuals seeking quick profits will naturally look for new outlets. Bitcoin, this "digital highway," becomes their target. History has already proven this: after the large liquidity injection in 2020, Bitcoin surged over 880%, and this is no coincidence.

But rate cuts are just the prelude. The real highlight is the potential "multiple overlapping" effects that may emerge in early 2026:

**Liquidity Shift**: A year of quantitative tightening has ended, and the pressure of "lack of money" has dissipated.

**Political Cycle Drive**: With mid-term elections approaching, those in power will tend to stabilize the market, show goodwill, and reduce policy tinkering.

**Institutional Troops Gathering**: Over $50 billion has quietly entered through Bitcoin spot ETFs. Financial giants like Morgan Stanley have also allowed financial advisors to recommend crypto allocations to clients, laying the foundation for institutional buying.

That said, the road ahead is not smooth. There is still internal disagreement within the Federal Reserve about the true magnitude of rate cuts. Most Wall Street investment banks target a price of $143,000 to $170,000 per Bitcoin, which is much more conservative than the $250,000 shouted by the most aggressive advocates. How it will ultimately unfold depends on inflation data, the stance of the new Fed Chair, and whether there are any unexpected black swan events in the global economy.

Once the dam truly opens, the market will move. The crypto ecosystem in 2026 is standing at a critical juncture where macro capital flows, institutional acceptance, and historical cycles converge.