#隐私币板块集体上扬 $ETH $WCT $ZRX

The Federal Reserve has really "started printing money," with a reveal of a $220 billion short-term government bond purchase plan

Have you seen the big financial news in the past couple of days? The Federal Reserve has decided to aggressively buy $220 billion worth of short-term government bonds over the next 12 months, roughly $40 billion per month. The official reason is to address reserve pressure, but the meeting minutes reveal the real focus: most decision-makers are leaning dovishly, and calls for interest rate cuts are growing louder.

CME data provides a timeline: the probability of rates remaining unchanged in January next year exceeds 85%, but by March, the likelihood of rate cuts skyrockets. What does this mean? The window for policy easing is opening.

The Fed's logic is this—although US economic growth is moderate, inflation risks remain, and reserves have fallen to "adequate" levels. Shifting to a neutral policy now can prevent issues in the labor market and prepare for subsequent stimulus measures. Plus, the risk of a government shutdown dragging down GDP makes easing a preemptive move.

This wave of easing is impacting the crypto market. Regulators are re-examining a $25 million attack on the Ethereum blockchain, and they are taking a tough stance on court filings related to DeFi educational funds. Another interesting detail: 5.85 million EIGEN tokens have appeared transferring in and out on a certain DEX, suspected to be a large holder's short-term trading, which has increased market volatility.

Ultimately, the Federal Reserve's "faucet" not only influences traditional finance—it is also profoundly changing liquidity expectations in the crypto market. Opportunities are amplifying, but so are risks.

What do you think? Will you follow the trend and bet on a rising market driven by liquidity release, or remain cautious about a potential bubble replay? Share your thoughts.