The date December 1, 2025, may be written into the encryption history.

The Federal Reserve officially pressed the pause button on QT that day. What does the end of quantitative tightening mean? The market's faucet is about to be turned back on.

Someone dug up the old account book from 2019 - that year when QT was halted, the encryption market surged like it had been given a shot of adrenaline. Now Bitcoin is holding above $88,000, and many people are already calculating: if new funds really come in, can we find a bottom at the $87,000 level? Aiming for $95,000 sounds not too greedy.

The most sensitive areas may be stablecoins and the DeFi sector, as these guys usually have the keenest sense. But don't celebrate too early—keep a close eye on the Fed's upcoming interest rate actions; a policy shift does not mean a green light all the way.

The return of liquidity is a good thing, but the market never writes the script too clearly. This wave of operation, is it the starting point of a super cycle, or yet another bait for the bulls? Time will provide the answer.