#流动性与利率政策 Recently, I’ve been a bit confused by the news about liquidity and interest rate policies. Seeing the Federal Reserve’s rate cut prospects suddenly change—sometimes saying there’s room to cut, other times saying to stay stable until spring—what’s really going on?

I just realized that Japan’s interest rate hikes can affect U.S. Treasury yields, which in turn influence the Federal Reserve’s decision-making space. The relationships between these variables are really complicated. After looking into it, I found out that Japan, as the largest foreign creditor of the U.S., their moves can really "drain" the U.S. market. No wonder everyone is so focused on 💭.

What confuses me the most is that some analysts are bearish on Bitcoin due to liquidity and environmental expectations, and they even mentioned Tether investing in gold. Is this hinting at something? It seems the macro environment’s impact on the crypto world is much deeper than I imagined.

I’d like to ask if any experienced folks can simply explain how the expectation of easing suddenly turned into tightening? What direct impact does this have on us small retail investors holding coins? Or is it better to just stay on the sidelines for now? 😬