2026-01-07 03:30:14

#2026年比特币行情展望 💭 Just a heads-up: this time the Federal Reserve's big move is far from the kind of scenario in 2020 that could trigger a collective surge in the crypto market. Basically, it's just "giving the financial system a breath of fresh air."

📊 Be clear: liquidity "stabilization" and "liquidity injection" are completely different things. Yesterday, the Fed conducted an overnight repurchase operation, reportedly reaching a scale of $74.6 billion in a single day. The core goal is straightforward—address the short-term liquidity crunch in the banking system at year-end and prevent borrowing rates from spiking. This is not the same as the central bank's large-scale bond purchases and ongoing economic stimulus through quantitative easing (QE).

A comparison makes it clear:

"Quantitative easing" involves the central bank directly buying medium- and long-term government bonds, continuously injecting long-term liquidity into the economy to encourage banks to lend and companies to invest.

"Yesterday's operation" is actually a Reserve Management Purchase (RMP), which is a technical maintenance measure—ensuring the "pipes" of the financial system don't clog. The money mainly circulates among banks, and the idea of large-scale flow into the crypto market is overly optimistic.

🎯 How should the crypto circle view this?

First, psychological impact > actual impact. The market will interpret this as a signal that the Fed is maintaining liquidity stability. Short-term sentiment may rebound, but don't mistake this for the start of a new full-scale rally.

Second, subsequent actions are key. Macro traders also point out that this is a "targeted tool" aimed at bringing liquidity back from "tight" to "normal," not pushing it into true easing. Whether Bitcoin can continue to rise depends on whether the Fed's balance sheet continues to expand and whether stablecoin supply is genuinely increasing.

Third, stay rational. In this context of "air replenishment" rather than "liquidity injection," a market surge driven solely by liquidity is almost impossible. The ultimate factors influencing the price of coins are on-chain trading activity, key support levels of mainstream tokens, and overall sentiment cycles.

💡 Final words: don't dream of a "liquidity bull market." This operation is about "braking" the financial system, not "fueling" the crypto market. You need to look at on-chain data, follow $BTC's own rhythm, and have your own judgment. $ETH $DOGE $PEPE

BTC0,39%

ETH0,9%

DOGE-1,19%

PEPE-1,56%

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NotFinancialAdvice

· 01-10 00:29

Another wave of false signals of prosperity; the crypto world still has to rely on itself. Basically, the Federal Reserve is just stopping the bleeding, not really printing money. It all depends on on-chain data; don't be fooled by surface-level news. This time, it's probably a psychological game again; no real money has come in. RMP is about boosting energy, not refueling. Understand that clearly.

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LiquidityHunter

· 01-09 07:58

746 billion sounds good, but in reality, it's just interbank trading. The supply of stablecoins is the key indicator, and I need to keep an eye on signs of expansion in the Federal Reserve's balance sheet. Why is the liquidity gap so easily misunderstood? Maintaining stability and flooding the market are worlds apart. Purely looking at RMP operations, there's no arbitrage opportunity; only when on-chain data shows abnormal fluctuations will there be a chance. Short-term rebounds are just that—rebounds. But they are not signals of a new bull market. Don't be fooled by emotional shocks. What truly determines BTC's direction is trading momentum and the popularity cycle. If liquidity depth isn't sufficient, rebounds won't go very high.

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BlockchainFries

· 01-07 04:00

Another argument of "this time it's different"... Honestly, I'm a bit tired of it. Looking at on-chain data is the real deal; don't get confused by the Fed's press releases. Maintaining stability ≠ easing policy, that's a fair point. A short-term rebound is possible, but don't take it as the beginning. We need to see stablecoins genuinely grow before making any conclusions.

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NeonCollector

· 01-07 03:59

Here we go again, trying to trick us into buying in. Wake up, everyone. --- Basically, it's about stopping the bleeding, not transfusing blood. Don't overthink it. --- 746 billion sounds like a lot, but it's actually just a Band-Aid for the financial system. Real liquidity injection is still far away. --- On-chain data is the real truth; these news stories are just smoke screens. --- I just want to ask, when will we see the balance sheet truly expand? --- Replenishing energy and printing money are indeed different; it depends on whether the Federal Reserve buys into this approach later. --- It's that time of year again for the "this time is different" story. I'm tired of hearing it. --- A short-term rebound is okay to take, but don't go all in, brothers. --- Don't get too excited before stablecoin supply picks up; that's the key. --- The crazy times of 2020 won't come back. Now, we need to focus on fundamentals.

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HalfIsEmpty

· 01-07 03:58

It's the same old story, said the same thing this time last year, and look what happened. Stop talking so much. Honestly, it all depends on what the Federal Reserve's attitude will be. Maintaining stability is just that—maintaining stability. Anyway, on-chain funds are piling up. Wait, is there a problem with this logic? Can adding liquidity also drive prices up? It seems the author's underlying tone this time is still bearish, so I'll go against the grain. I understand the difference between RMP and QE, but can the market really tell the difference? Haha. 746 billion to maintain "normalcy"? Who set the standard for "normal"? Is no one mentioning the data on stablecoins? That’s the real key. You’re right, but not entirely. It also omits the changes in U.S. Treasury yields.

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MEVVictimAlliance

· 01-07 03:58

It's the same story again, the Federal Reserve "talks the talk" while the crypto market is still hyping up. --- This time it's really not about printing money; don't be fooled by short-term rebounds. --- Ultimately, it's all about on-chain data. It seems most people are starting to gamble on sentiment again. --- 746 billion sounds big, but it's just patchwork; it won't change anything. --- Relying on stablecoin growth to judge the market is more reliable. I agree with this approach now. --- Liquidity stabilization ≠ a bull market signal; too many people don't understand this difference. --- Instead of fantasizing about the Fed printing money, it's better to look at on-chain activity—this is the real thing. --- Popularity cycles are the key; technical analysis is all虚假的. --- Here we go again, every time saying this time is different, but the results are the same. --- Let's wait and see BTC's own rhythm; don't follow the hype and gamble on sentiment.

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DevChive

· 01-07 03:58

Coming with the same routine again? Stabilization is stabilization, don’t keep telling us about a liquidity bull market. Wake up, everyone. Have you woken up? This is just a survival operation, not flooding the market. Far from it. 746 billion is neither big nor small, but if you want it to flow into the crypto world? Dream on, everyone. The money is just circulating between banks. Focusing on on-chain data is the real key. Don’t be fooled by these news reports; you need to think for yourself. Really, every time such news comes out, there’s a bunch of people shouting. It’s time to stay calm.

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WenMoon

· 01-07 03:36

Here comes another life extension operation, and this time it’s not as enjoyable as I imagined. Honestly, when I saw 74.6 billion, I thought it was going to take off, but after listening carefully, I realized it was just about patching a loophole; the money isn't actually flowing to us. Wait, I think the article is a bit too pessimistic. Short-term rebound in popularity might trigger a wave, but the key still depends on what the Federal Reserve does next. Hold on, isn’t the supply of stablecoins the real indicator? It’s more practical than just looking at liquidity operations.

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