Interest rate cut? Yes, it's important, but let's set Powell aside and talk about the bigger picture.

🏛️ Global liquidity.

This is the main topic we should focus on. Because globally, liquidity is increasing, and the expectation that this increase will accelerate further is causing the markets to strongly resist.

Historically, we have seen the same thing in every cycle. When the money supply expands, this liquidity inevitably flows somewhere. Generally, the first stop is safe havens, but as risk appetite increases, this money flows into riskier assets. Especially technology stocks, altcoins, startup investments, and emerging market instruments.

So it's not about whether the Fed cuts by 25 basis points, but how much it expands its balance sheet and how much the money supply grows. Because capital never sits idle. Increased liquidity means money seeking direction, and this direction usually leads to assets with the highest return potential.