#美联储货币政策 The rate cut week has officially begun, and the on-chain capital flow is worth following. Last week, institutional net inflows reached $716 million, with BTC accounting for $352 million and XRP showing outstanding performance at $245 million. A key observation is that the inflow of US funds reached $483 million, which is absolutely dominant, reflecting the pricing of expectations for a Fed rate cut.

From a technical perspective, after breaking below 90,000 over the weekend, it quickly rebounded to above 92,000, with good volume support, indicating that a bottom is indeed forming. However, it is important to be cautious here—interest rate cut expectations have already been significantly priced into the current price, and real reversal momentum requires the confirmation of liquidity release after the interest rate cut is implemented.

Short-term strategy suggestion: Follow the changes in capital flow within 24 hours after the Fed's decision is announced, as this will directly determine whether the rebound can be sustained. If funds flow out or stagnate after the interest rate cut, expectations need to be adjusted. The abnormal inflow of XRP and LINK is also worth tracking for the underlying institutional logic, which may indicate a sector rotation signal.