Tonight, the Federal Reserve will release its latest balance sheet data, which has a huge impact on the global crypto market and can be described as a “critical trigger point.” Currently, cryptocurrencies such as Bitcoin, Ethereum, and BNB are experiencing intense volatility, with traders rushing to make final position adjustments. The market is in a tense state, like the calm before the storm.

The data will be released at 4:30 PM Eastern Time, and the core issue is market liquidity: if total assets exceed $6.6 trillion, it means liquidity is tightening and cryptocurrencies may see a sharp decline; if assets are between $6.5 trillion and $6.6 trillion, the market will remain highly volatile with bulls and bears battling it out; if assets fall below $6.5 trillion, it suggests there could be risks in the financial system, and crypto market volatility will become even more extreme.

This report also contains clues about the Fed’s future monetary policy direction, directly determining whether rate cuts, status quo, or further tightening will follow. Global hot money is already on high alert, and the data release could instantly reverse market sentiment, triggering massive capital flows. The next round of a crypto market super cycle may begin as a result, so investors should be prepared for extreme volatility.