#美联储降息政策 The Federal Reserve's Goolsbee's remarks seem to signal a warm breeze, but upon closer inspection, it's clear he's playing Tai Chi. He says that next year's interest rates "could decrease significantly," then turns around and says he's "worried about rapid rate cuts"—this is a classic smoke screen.

In my years in the crypto world, the most feared thing is these ambiguous policy signals. Every time the Fed speaks, a wave of people rush in to bet on rate cuts, and then? When the policy shifts, those FOMO investors get caught. Inflation hasn't truly come down yet, and the labor market is only "gradually cooling," which indicates that the economic fundamentals are still not stable enough.

The most painful part is, I've seen too many people automatically assume "interest rate decrease" means "bull market," and then leverage up to the max. Little do they know, policy shifts often happen in just a sentence—or sometimes even in the unspoken words. At this point, rather than chasing the trend, I suggest you focus on understanding the fundamentals of your projects. Those who can survive the next cycle are never the ones following the crowd, but those who keep their books in order even in a bull market.

Interest rate cut expectations can be referenced, but don't let them be the reason for your all-in.