The recent rhythm of the crypto market has changed. The Fed's rate cut expectations are heating up, and major investment institutions are quietly positioning themselves in mainstream coins. These signals are clear enough. But don't misunderstand—rate cuts ≠ an immediate bull market. The real situation is that the market has entered a phase of "seeking opportunities amid volatility," and the era of blindly lying flat is over.

From a macro perspective, rate cuts mean ample liquidity, and some funds will inevitably flow into high-risk assets. The crypto market will benefit, but not immediately. History repeatedly teaches us that the initial phase of rate cuts is often accompanied by market consolidation, and funds need time to judge the direction. Many people equate "rate cuts" with "bull markets," which is a classic cognitive misconception. The key is not whether there is a rate cut, but where the funds are flowing—by tracking capital flows, the opportunities are right there.

The signal of institutions increasing their holdings in mainstream coins is worth paying attention to. Large investors are far more sensitive than retail investors; they won't add positions without reason. This indeed reflects a medium-term optimistic outlook in the market. But this doesn't mean that blindly following the trend and buying mainstream coins will double your returns. Although mainstream coins tend to be less volatile, it also means their upside potential is limited. For ordinary investors, the focus should be on carefully selecting mid- and small-cap coins—the balance point between risk and reward is often found here.

To sum up: with policy support and institutional backing, but the market rhythm is volatile, so don't rush. Wait for the true reaction of the capital market before deciding your next move.