Ethereum

🇨🇳 China's 30-Year Easing Cycle: The Macro Tailwind Everyone Is Missing!🚨

Everyone is laser-focused on US monetary policy.

But that misses the bigger picture for global assets like Bitcoin and other cryptocurrencies!

🔸China is quietly flooding markets with liquidity. Just last week, the PBoC cut the Reserve Requirement Ratio by 0.5%, injecting ¥1 trillion (~$140B). They also trimmed policy interest rates by another 0.1%.

🔸This isn't new. It's part of a 30-year easing trend.
 Since the mid-90s, China’s policy rates fell from ~11% to around 3%.

🔸 Why it matters for crypto:
 China’s liquidity doesn’t stay local, it fuels global M2 growth. That money inevitably flows into risk assets like BTC and ETH.

💡The recent rally was likely crypto front-running China's liquidity injection.

➡️If you only watch Powell and the Fed, you’ll miss crucial market signals.

Zoom out, watch global liquidity, and see the bigger picture. 🌏📈

Head of Research @onchainhq
 🔎 | Get Insights into the most important Onchain Trends | Uncover future-shaping Developments.📈

https://linktr.ee/LeonWaidmann