The Bank of Japan just raised interest rates by 0.25%, giving the market a reassuring signal—the Governor explicitly stated that there will be no further rate changes in the next six months. What does this mean? The global tightening concerns can be considered settled.

Honestly, this is a major positive for risk assets. With the time frame clarified, market uncertainty is greatly reduced. The attitudes of major global central banks are also gradually aligning—either continuing to loosen or pausing to observe, but definitely not tightening monetary policy further. In such an environment, idle funds will inevitably find a way out, and cryptocurrencies have long been included in some institutions' high-yield asset allocation lists.

So how will the funds flow? The logic of smart money is clear: first, target the assets with the strongest consensus. BTC and ETH are definitely at the forefront—one is the representative of digital gold, and the other is the foundation of the ecosystem. These are the most stable cornerstones. Once the foundation is stable, the excess liquidity will spread outward, seeking high-elasticity assets with strong narratives and deep declines—such as leading DeFi projects, emerging ecological enablers, or representatives in the privacy sector.

But don’t forget the risks. Assets built solely on hype, especially certain Meme coins, are extremely volatile. They should only be used with very small positions to gauge market sentiment and should never be considered as main allocations.

The question now is: are you a core asset holder who prefers stability, or do you want to take a shot in high-elasticity sectors?