#美联储回购协议计划 $BTC $ZEC $LPT 📊

Here we go again. The Federal Reserve last night injected $2.5 billion into overnight repurchase agreements, continuing to supply liquidity to the banking system. So far this year, these "emergency" operations have accumulated to over $120 billion.

What does this indicate? On the surface, it’s to prevent liquidity fractures — and that’s true. But looking a bit deeper, this isn’t just a temporary rescue; it’s essentially preparing for a potential large-scale easing in 2026. The market is gradually reaching a consensus: the Fed has shifted from "demand-driven liquidity" to "regularized support," and risk assets, stocks, and bonds are all benefiting from this liquidity flow.

The White House isn’t sitting idle either, constantly signaling the need to maintain market vitality and ample liquidity supply. Yesterday’s operation aligns perfectly with this policy tone. History shows that a combination of rate cuts and liquidity injections often boosts market sentiment in the short term, with asset prices rising accordingly.

For investors, two things to watch closely:

**First**, will liquidity continue to flow into risk assets, pushing valuations higher?
**Second**, will fluctuations in policy expectations increase market volatility?

Of course, this money isn’t a permanent guarantee. But we all know that truly savvy capital often starts positioning itself before the "water flows." Are you riding this trend, or should you be cautious of the risks involved?

Would love to hear everyone’s thoughts — with this round of liquidity, where do you think the flow will ultimately go?