#中美贸易磋商 The Federal Reserve is expected to announce its monetary policy decision tomorrow, which may release significant signals. The market anticipates a combination policy of "rate cuts + ending balance sheet reduction," which has attracted considerable attention as a liquidity easing measure.

Analyze the key points of this potential policy combination:

First of all, in terms of interest rates, the market generally believes that the Federal Reserve will implement a 25 basis point rate cut, which will be another rate reduction action following the cut in September.

Secondly, the quantitative tightening policy may come to an end. Federal Reserve Chairman Powell has signaled that the Federal Reserve is ready to end quantitative tightening (QT).

Expert opinions indicate that LHMeyer analyst Derek Tang believes that the dual measures of interest rate cuts and an early termination of balance sheet reduction will significantly enhance market risk appetite.

In the bond market, this combination policy is expected to exert downward pressure on government bond yields.

More importantly, the end of the balance sheet reduction aims to alleviate the current tension in the financing market. If the Federal Reserve stops quantitative tightening and reinvests maturing securities, the downward trend of reserves in the banking system is expected to halt and may even rebound, which will effectively increase overall system liquidity.

If the Federal Reserve indeed implements these two easing measures as expected, it will inject a large amount of liquidity into the market. Historically, this is usually a positive macro environment signal for the cryptocurrency market.

Will this potential "dovish double-barreled" policy be implemented as expected? How will it affect the market performance of cryptocurrencies like $ETH $BNB $DOGE? Current holders may need to be patient and wait for the market reaction.

Will the improvement of the liquidity environment become a catalyst for a new round of upsurge in the crypto market? This question is worth every investor's contemplation.