Federal Reserve's new voting member, Powell, recently made statements that attracted market attention. Her core view is quite straightforward—no rush to cut interest rates, stay the course for now. Why? In her opinion, the priority of employment issues actually outweighs inflation. What does this mean? In the short term, the Federal Reserve will continue to maintain the current interest rate level, using high rates to suppress the upward momentum of prices. But don't be too pessimistic. She also hinted that once inflation data further declines, coupled with improvements in the employment market, a moderate rate cut could be possible—the key still depends on subsequent data performance. For the digital asset market, such policy signals often indicate an approaching liquidity inflection point, which is worth close monitoring.