At 2 AM on the 18th Eastern Time, the Fed suddenly held a late-night meeting. This move is quite unusual - the market is speculating whether intervention is on the way?

First, let's look at a few key signals:
🔥 The extent of the interest rate cut has become the focus, is it 25 basis points or directly 50? This disagreement is quite significant.
🔥 A total of 29.4 billion has been pumped into liquidity here, will there be more to follow?
🔥 How intense is the pressure in the repurchase market? Emergency consultations held twice in two days.
🔥 The meeting only lasted for an hour, which is quite fast, and it had a strong unconventional flavor.

The current situation is a bit delicate. After pausing the balance sheet reduction and cutting interest rates, the economy is still weak, inflation is stubbornly not coming down, and employment data is also deteriorating. Just a few days ago, hawkish remarks had just slammed the market, and now there's going to be a sudden shift? The pace has become a bit too fast.

For the crypto market:
In the short term, if liquidity expectations improve, BTC and ETH may have room for a rebound. However, one must be cautious of the old problem of "good news turning into bad news."
From a mid-term perspective, if the interest rate cut channel is truly opened, the mainstream coins will experience a liquidity effect, and altcoins will also have a chance to catch up. However, fluctuations are inevitable, as the internal divisions within the Fed remain, and policy swings will continue.

Tonight is another big market night. Are you ready to buy the dip, or will you wait and see first?