[$ETH](/en-US/trade/ETH_USDT?contentId=33700528367786) The tide has turned? How the crypto market can break through under the shift in central bank policies

Breaking news brings a double challenge: the Bank of Japan may initiate a rate hike next week, while the Federal Reserve’s probability of cutting rates before March next year rises to nearly 50%.

This side is tightening, that side is easing. Where should the market lean? Historical experience tells us that BOJ rate hikes are usually accompanied by volatility in risk assets, such as $BNB and $ETH, which have faced pressure at similar points.

But this round of market sentiment may be different

The key difference lies in the expectation gap. This rate hike has already been digested by the market, and investors’ psychological defenses are in place. More importantly, the dovish signals from the Federal Reserve are offsetting the tightening effects of the BOJ. As an alternative asset class, crypto assets happen to be a new option for macro hedging.

$PEPE and meme tokens’ recent active performance on Ethereum reflect that market sentiment is still searching for a breakthrough. This is not just emotional venting but a signal that capital is re-pricing amid macro trend shifts.

No matter how central banks decide, the on-chain growth narrative has never stopped. Market sentiment shifts are both a test and an opportunity—key is how you respond.

How is your position planning? Are you optimistic about this central bank policy turn? Share your thoughts in the comments!

#美联储降息 #Crypto Market Observation