Recently, liquidity has really been opened up, and the speed is so fast that it's a bit overwhelming. Many people are still watching various confirmation signals, but the Fed has already started taking action.

The data is here: This week, the Fed injected between $10 billion and $20 billion into the Treasury market. At this pace, by the end of 2025, the cumulative scale could reach around $500 billion. This is not an expectation or a commitment; it is real cash flowing.

Why is this so crucial? The logic is actually very simple—if the high interest rate policy could still hold up, there would be no need to support government bonds. Now that the Fed has intervened, what does it signify? The tightening is nearing its end, and the policy is about to shift. This is a clear signal.

What happens once liquidity loosens? History has given too many answers. Cash yields decline, and investors' risk appetite naturally rises, leading money to actively seek outlets. In every round of liquidity easing, the assets that benefit the fastest are always those that most need capital inflows. $SOL $XRP $BNB The recent performance of these on-chain assets can explain some issues.

But there is a more interesting question here: will this $500 billion really sit in government bonds long-term? Or will it flow into areas with greater yield potential and more flexibility? The position of the crypto market in the mainstream financial system has clearly changed in the past two years. From institutional attitudes to regulatory frameworks, there are subtle shifts happening. Money tends to flow to the places with the most opportunity.

What do you think about how this round of liquidity will be distributed? Share your judgments in the comments.