Recent movements in the financial markets have been frequent. Inside the Bank of Japan, there are mixed voices: some members are calling to halt interest rate hikes, but economists are predicting action as soon as this week. The yen's depreciation pressure is fueling the trend behind the scenes.

Meanwhile, the US is also bustling. Federal Reserve Governor Waller stated that employment data is sufficient to support continued rate cuts, while Goldman Sachs team expects the easing pace to possibly increase next year. However, market opinions are divided—traders are betting over a 70% chance that rates will stay unchanged in January.

JPMorgan Chase is more aggressive, predicting a rate hike every six months in the future. This reflects the delicate balance global central banks are trying to maintain between economic growth and inflation.

For the crypto market, liquidity is a key variable. Mainstream assets like ETH and BNB, as well as emerging directions like ASTER, all have opportunities for reallocation under easing expectations. Currently, the market is in a tug-of-war, and volatility itself contains opportunities. The key is to respond flexibly rather than betting in one direction.

What are your thoughts on the turning point of this liquidity cycle?