The recent March rate cut expectations released by Barclays carry deeper implications for the crypto space than initially imagined.

This round of rate cuts is completely different from the market’s common "liquidity flood" mentality. The Federal Reserve plans to cut 25 basis points twice, and this pace reveals a key message: dollar liquidity will indeed gradually loosen, but it will not return to the aggressive money-printing mode of 2021. What does this mean? Funds will not flood into the market all at once; instead, a more rational allocation strategy will be adopted.

The actual impact on the crypto market is often misunderstood. This is not a "press a button and it skyrockets" scenario, but a slow process—imagine water temperature gradually rising, eventually becoming hot, but not suddenly. Core assets like Bitcoin and Ethereum will gradually enter a deterministic upward channel from previous volatility, but the entire process requires patience.

From an investment perspective, rather than chasing daily fluctuations, it’s better to focus on the broader context of liquidity easing. When the Fed’s stance shifts to a moderate easing, the market transitions from a frenzy to a slow bull, and this turning point is actually a good opportunity to position in high-confidence assets. Those with solid fundamentals and high market recognition will attract more stable capital during this phase.