#美联储政策动向 Looking back, the Fed's policies have always influenced market nerves. On the eve of the release of the Beige Book, market sentiment is once again tense. Historically, the Beige Book often hints at policy directions. I still remember during the 2008 financial crisis, the Beige Book indicated a significant rate cut. Now, with economic data mixed, how will Powell weigh it? The liquidity has plummeted before Thanksgiving, adding more variables. However, there are opportunities in crises; after that crisis, Bitcoin emerged, ushering in the era of Crypto Assets. The current market is turbulent, perhaps brewing new opportunities. In the face of uncertainty, it is important to maintain a clear mind, but do not miss out on potential opportunities. After all, history is always on a spiral rise.