#美联储重启降息步伐 The Fed has resumed its rate-cutting cycle, and the market sentiment has shifted again. Looking at ZEC’s logic—in this downward cycle, bearish momentum is obvious and there is still technical breakdown risk. In contrast, ASTER shows bullish confidence in terms of capital flow, and may have an opportunity to perform under expectations of policy easing. Rate cut cycles usually benefit risk assets, but differentiation will become more apparent—strong tokens will ride the momentum higher, while weaker projects will remain under pressure. For this round of trading, you still need to analyze each token separately; don’t blindly chase the highs.