#数字货币市场回调 $ETH $ASTER $DOGE

At 3 a.m., the Federal Reserve injected $25 billion into the market through overnight repurchase agreements.

This number is quite subtle - the largest single operation since 2021. The QT has just come to a close, and expectations for interest rate cuts are fermenting. At this juncture, implementing liquidity injection does not seem like a conventional operation.

The money has come in, and then what?

Primary dealers who acquire cheap dollars will certainly not stuff them under the mattress. They will seek out the most attractive yield-bearing assets. What is the current environment? The crypto ETF channels are wider than ever before. The capital absorption capacity over at BlackRock is evident; the data doesn’t lie.

Looking back at 2021, after they did this last time, Bitcoin doubled in value in six months. History does not repeat itself simply, but the rhythm often rhymes.

25 billion may just be the beginning. The water level is changing, that is certain.

As for how you plan to deal with it, you can figure it out yourself.