#加密市场回调 The market generally expects that the Federal Reserve is about to initiate a rate-cutting cycle, and this policy shift marks the arrival of a monetary easing era. Although there are significant differences within the Federal Reserve regarding the rate-cutting strategy—some officials support a direct cut of 50 basis points in October to address economic downturn pressures, while the majority prefer a 25 basis point cut each time to seek balance, and some cautious officials warn that inflation is not yet fully under control and policy adjustments need to be careful—it is worth noting that the focus of discussion has shifted from the necessity of rate cuts to the specific implementation methods.