2026-01-04 11:24:46

$BTC $ETH What game is the Federal Reserve playing? Don't be fooled by the surface numbers; this "pipe" has never truly been closed.

Last month, they absorbed 40 billion in government bonds, now down to 18 billion—looks like shrinking? Wrong, this is just a change of pace to continue injecting. It's not a big flood of liquidity, but a more deliberate "continuous infusion," with the goal summed up in two words: support interest rates and stabilize funds.

The focus isn't on how much they buy this month, but on buying month after month. As long as the main players aren't pulled out, the market will have a steady source of liquidity. For the entire asset market, including the crypto sector, this slow and steady liquidity replenishment may not directly trigger a surge, but it can prevent panic caused by sudden "water cuts."

The scale may seem insignificant, but the direction is increasing; the pace is slow but never stops. In this environment of uncertainty, this itself forms a solid support—channels are open, and confidence is there. Compared to chasing highs and selling lows, paying attention to this logic is actually more crucial.

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SnapshotBot

· 01-06 19:38

This steady approach is indeed much more stable compared to cliff diving, but don't get too optimistic. Basically, it's just slow bleeding; the total amount hasn't decreased much, just the frequency has been adjusted. The real support level still depends on when liquidity actually breaks, so it's a bit early to say the confidence is there now.

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ShadowStaker

· 01-06 18:50

look, the fed's basically just doing steady drip feeds now instead of panic mode—way more predictable for anyone actually paying attention to the mechanics. slow bleed > sudden cliffoff when you're managing validator economics tbh. the real play isn't timing the monthly tsy purchases, it's just knowing the faucet stays on 🤷

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SadMoneyMeow

· 01-06 09:58

Well, a steady stream is always better than a sudden water cut, at least you won't be scared every day. --- The Fed's move is basically just changing the way they continue to inject liquidity. I believe this. --- Wait, is the logic that as long as we stabilize the bottom, it can slowly rise? That's a bit too optimistic. --- Not pulling out the leading stocks—that's a phrase I like to hear, at least there's a psychological expectation. --- 180 billion still not considered easing? Haha, they've all been domesticated. --- Remember the key words: continuous infusion, uninterrupted. That's the main point. --- It sounds good, but it's really about how long they can sustain it. Sooner or later, we'll have to face it. --- Instead of chasing the highs and lows, it's more reassuring to keep an eye on this. --- Liquidity replenishment sounds stable, but when has the market ever been truly stable? --- After careful reading, I think we still need to look at the data. Can't just believe the rhetoric.

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MerkleTreeHugger

· 01-04 11:51

If the pipe isn't closed, I'm just afraid that one day it will really be pulled out... that's the most heartbreaking part. --- Slow injection vs a big liquidity dump, the difference is huge, it depends on the long-term trend. --- Basically, it's just changing the posture to continue cutting, no one can afford to be hungry for liquidity. --- 180 billion sounds small, but it's actually about stabilizing people's confidence. This move is absolutely clever. --- Not pulling out the leader gives confidence, it sounds comfortable but we also need to be wary of a sudden reversal. --- Continuous infusion vs a surge, I believe the former can last longer, whether in the crypto world or traditional markets. --- The question is, what's next? How long can this pace be maintained? --- As long as the channel is open, confidence is there. This logic is also quite compelling in the crypto field.

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ETHReserveBank

· 01-04 11:49

Slow water release is more ruthless than smashing the market; this is the true "boiling a frog in warm water" logic. As long as the pipe isn't shut off, there's hope, but don't expect to get rich overnight. Basically, it's fear of market collapse; they prefer to administer small infusions rather than cut off supply. This round of operations, on the surface gentle, is actually locking in your chips. As long as the leading stocks aren't pulled out, let's just keep lying down, since liquidity keeps flowing endlessly. Don't be fooled by the 18 billion; the key is this persistence—endless blood replenishment is deadly.

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quiet_lurker

· 01-04 11:49

A steady stream is better than a sudden surge; it's much more stable.

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DAOTruant

· 01-04 11:48

嗯...细水长流这套还是有点东西的，起码不会突然断粮美联储这波操作确实在稳预期，比起大水漫灌反而更阴险就怕哪天真的拔龙头，到时候又是一顿恐慌抄底慢慢吸血也比崩了来得强

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blocksnark

· 01-04 11:48

Hmm... The long-term approach of steady water flow is something the Federal Reserve is good at, much better than sudden supply disruptions. So, it still comes down to looking at the long-term rhythm, not just the monthly numbers. The pipeline isn't shut off; the foundation is still there. I get this logic. Rather than chasing short-term gains and losses, it's better to focus on the supply chain strategy, really.

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MEVVictimAlliance

· 01-04 11:48

Hmm... So the Federal Reserve just doesn't want the market to truly "wean off" and keeps secretly extending life while adjusting the pace—really clever. --- 180 billion sounds small? That's because you didn't see through their tactics; this is the real way to steadily harvest. --- Exactly right, continuous infusion is indeed more dangerous than large-scale liquidity injections; if you don't react in time, you've already been taken. --- Don't pull out the leading stock; the source of fresh water is still there—this is brilliant. Keep an eye on this rhythm at all times. --- Really, instead of chasing highs and lows, it's better to understand the underlying logic to avoid being clearly harvested. --- The channel is open, and the confidence is right there... This sounds comfortable, but who really knows when the leader will pull out? --- No wonder recent market conditions have been so strange; it turns out the Federal Reserve has long changed its tactics, and we're still stuck on the numbers.

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WalletDoomsDay

· 01-04 11:27

The Fed's approach, like a steady stream, is more like bleeding out, and ironically, it's even more effective. It looks like they're "shrinking," but in reality, they're "injecting," and this tax on intelligence has already taken a lot of people. As long as the leader isn't pulled out, there's water to drink. Basically, don't panic; those who panic are the leeks. Liquidity, if it doesn't blow up the market, is already half the battle won. Just keep the pipes open, whether they are thick or thin. Whether it's a safety net or stabilizing the market, at the end of the day, it's about preventing people from fleeing. Anyway, we can't get a bite of that meat.

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