2025-12-25 01:24:19

The Federal Reserve's rate cut path has flipped again. The dot plot shows only one rate cut scheduled before 2026, completely shattering the market's "dovish" expectations. Meanwhile, the long-term US Treasury yields have climbed to 4.2%, with some voices even suggesting that 4.5% is not impossible.

This is driven by dual pressures from inflation expectations and risk premiums. With rate cuts seemingly far off, market liquidity is under pressure, and traditional asset volatility is intensifying. Political voices only serve to further increase this uncertainty, bringing the Fed's independence issue back into focus.

In this macro environment, the crypto market faces new challenges. How will high yields and liquidity risks affect capital allocation? Can mainstream assets like ETH and BTC find independent upward logic? In the context of increased volatility in traditional assets, does the RWA track present new opportunities? These questions are worth paying attention to.

Every move in the market could change the game rules. Keeping a close eye on the interaction between the bond market, Federal Reserve policies, and the crypto market is essential to seize real opportunities.

ETH1.41%

BTC1.67%

RWA-1.05%

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NotSatoshi

· 14h ago

Dovish breakdown, we've really been cut this time Here we go again, debt piling up and still not cutting interest rates, playing around? 4.2 isn't the bottom, and yields are still soaring, capital flowing into the bond market is inevitable Whether BTC can rise independently is really hard to say, now every time the Fed coughs, crypto catches a cold Wait, is this creating a liquidity crisis? Feels like it's about to collapse next RWA? Uh... is it a bit early to talk about new opportunities now? We need to survive this wave first Political interference with the Federal Reserve is truly heartbreaking, losing independence means losing everything When liquidity tightens, retail investors are the first to be wiped out, it hurts to watch Interest rate cuts are nowhere in sight, but the coin prices are supposed to rise? How do you reconcile this logic, everyone? Feels like we're walking the old path of 2022, can anyone teach me how to survive the high-interest-rate era

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SchrodingersPaper

· 14h ago

Dovish fantasies shattered, we're about to get trapped again --- 4.2% US Treasury yields, really more profitable than BTC for cutting leeks --- I've heard enough about the remote prospect of rate cuts, just go all in on RWA --- Wait, with liquidity under pressure, still hoping ETH will rise independently? Dream on --- Just send money to buy US Treasuries and earn interest, forget about crypto --- Federal Reserve independence? Laughable, nothing is independent in the face of political pressure --- High yields, what do they have to do with us? Still just scamming retail investors --- The dot plot flipped again, my stop-loss is set at the lowest point --- RWA new opportunity? Or should I first save my BTC position --- Really, watching the bond market now is more exciting than watching the order book

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ConsensusBot

· 14h ago

No more rate cuts, and liquidity will also dry up. The dovish folks should wake up.

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BearMarketBro

· 14h ago

The dovish fantasy is shattered; now it's just a matter of who can survive until the day of interest rate cuts.

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