#降息预期 The rate cut expectation has been dashed again. The Federal Reserve's dot plot shows only a 25 basis point cut in 2026, which is much less than market expectations. What does this mean for the crypto world? In the short term, it's bearish, but in the long term, it could be an opportunity.

Why do I say that? A delay in rate cuts means that the tight liquidity situation of the US dollar will persist longer, but it also gives new project teams more time to accumulate and prepare. This period is the golden window for accumulation—when market sentiment is low, projects that truly want to do something will heavily invest in airdrops to gather users.

I recommend everyone to be more proactive at this point:
1. Review your airdrop map and prioritize projects with sufficient funding and clear plans for rate cut cycles;
2. Don't wait for the rate cut to act. Entering now has lower interaction costs and less competition, which can lead to more stable returns later;
3. Manage your wallets well and prepare for the liquidity release after the rate cut is realized.

Adjusting expectations for rate cuts is not a bad thing; it just extends the game cycle. The opportunity to achieve the most interactions at the lowest cost happens precisely during this market confusion period.