Just when everyone was still expecting interest rate cuts and point shaving, the Fed has quietly turned the tide. This long-standing liquidity feast is about to come to an end.

The crypto market stands right at the forefront of the storm.
The familiar harvesting script is played again:
First, point shaving has pushed up asset prices.
Then suddenly tighten during the craziest time in the market.
In the end, it leaves a mess behind.