#美联储货币政策影响 Looking back at the past, I can't help but feel deeply emotional. The Fed is once again considering reducing its balance sheet, which reminds me of the quantitative tightening in 2018. At that time, the market was also in panic, and Bitcoin fell from $20,000 to $3,000. But in retrospect, that adjustment laid the foundation for the subsequent bull run. History is always remarkably similar, yet each time is different. What impact will the Fed's actions have this time? How should we respond? The key is to remain calm and carefully assess the risks. After all, having gone through multiple cycles, we all know that the market will eventually find a new balance. Perhaps it's a good opportunity to reassess your investment portfolio and prepare for potential fluctuations. Risks and opportunities coexist; the key is to grasp the long-term trend and not be misled by short-term fluctuations.