Recent remarks from Federal Reserve officials have shown interesting disagreements that warrant the attention of crypto market investors.

Federal Reserve Board member Milan claimed that inflation is improving, but there are delayed effects in policy implementation, and a longer-term trend should be monitored. Meanwhile, White House economic advisor Hasset emphasized that everything depends on data performance. Although their statements seem different, they point to the same reality: the Fed has not yet initiated a new round of quantitative easing.

The current market situation is indeed contradictory: it is true that inflation data has eased, but this does not mean the rate hike cycle has ended. In fact, rate hikes may continue for some time. The current market rally is more driven by expectations of policy shifts rather than genuine liquidity injection.

For ordinary investors, there are a few points to be cautious about. First, do not be fooled by official optimistic language—your assets are shrinking in real terms. Second, the high-interest-rate environment may persist longer, making borrowing costs difficult to lower in the short term. Finally, cash reserves remain important, and blindly going all-in on crypto assets carries significant risk.

The real policy move—liquidity release—may not have truly begun yet. At this stage, maintaining caution and合理配置资产 is a more rational choice.