The cryptocurrency market is on high alert,迎接 this week's critical macroeconomic developments, with a focus on the market’s shift in expectations for interest rate cuts. Recently, approximately $200 billion in capital has flowed into the market, significantly increasing liquidity. However, there are clear disagreements among major institutions: BlackRock predicts a 3% rate cut by the Federal Reserve, while JPMorgan Chase and Barclays Bank expect no rate cuts this year. Meanwhile, traditional safe-haven assets have surged in price, with gold and silver both hitting record highs. The Bitcoin/gold ratio has dropped from 35 to 20, indicating that as the probability of a rate cut has sharply fallen to just 5%, funds may be withdrawing from risk assets, which will test the liquidity and safe-haven status of cryptocurrencies.