The upcoming Federal Open Market Committee (FOMC) Meeting has sparked widespread attention among Crypto Assets investors. However, an excessive focus on the decision of interest rate hikes or cuts may cause us to overlook the more important market cycle logic and potential risks.

It is worth noting that as of mid-October, the upward trend in the crypto assets market is likely to continue, mainly due to the cyclical nature of the market itself rather than a single monetary policy impact. Since Bitcoin hit the bear market low of around $45,000 in the fourth quarter of 2024, the market has entered a mid-term upward cycle. The main driving forces of this cycle come from two aspects: institutional allocation demand and ecosystem innovation.

The inflow of institutional funds has injected strong momentum into the market. The total net assets of Bitcoin ETFs have surpassed the $150 billion mark, while Ethereum ETFs are also approaching the $30 billion milestone. The investment of these institutional funds is not a short-term speculative behavior, but rather a focus on medium to long-term positioning.

At the same time, the innovation of major public chain ecosystems is also continuing to advance. Platforms like Solana and Aptos have made progress in both technology and application layers, bringing new vitality and development opportunities to the entire industry. This innovation-driven growth model provides a solid foundation for market increases.

Nevertheless, investors must remain vigilant. Although the market cycle provides support for short-term gains, external factors such as changes in regulatory policies and global economic fluctuations may still introduce uncertainty. Therefore, while grasping the overall positive trend of the market, it is also essential to manage risks effectively and adopt a prudent investment strategy.

As the Federal Open Market Committee (FOMC) Meeting results approach, the market may experience short-term fluctuations. However, from a more macro perspective, the continued inflow of institutional funds and the ongoing innovation within the blockchain ecosystem are likely to continue supporting the upward trend of the crypto assets market for some time to come. Investors should focus more on these long-term factors rather than getting overly caught up in short-term policy changes.