The recent decision announced by the Federal Reserve may continue to ferment in the coming days.

The core of the topic is this: the SRF mechanism (repurchase agreement financing facility) has been permanently retained, and the $500 billion cap has been lifted. What does this mean? Financial institutions no longer need to worry about liquidity tightening—they can always exchange cash with the central bank through this channel when in need. This is not a temporary patch but a "permanent valve" installed in the entire financial system.

The most interesting part is the removal of the cap. On the surface, it appears to expand the scope of relief; in reality, it sends a signal to the market: we have plenty of bullets, and the ammunition depot has no bottom.

Why is this important for the crypto market? Once the liquidity gate in the traditional financial system opens, funds will naturally seek higher yields. This is the basic logic of financial operations—during times of abundant liquidity, risk assets tend to perform better. The specific forms of this pattern vary throughout history, but this underlying rule is hard to change.

From a cyclical perspective, this policy shift may be paving the way for the next wave of market rallies. Of course, how it unfolds depends on subsequent political and economic developments, but this signal is worth noting.

#加密资产ETF十月关键对决 $BTC $BNB