#美联储启动新一轮降息周期 $BTC $ETH Market signals from major institutions: The weighing game on the eve of the rate cut decision

Tomorrow night, the Federal Reserve will announce its rate cut decision, and the market is waiting. But just a few hours ago, global asset management giant BlackRock coldly transferred 2,196 Bitcoins to a leading platform, amounting to over $200 million. The timing of this transfer is very interesting — not after the decision, but before the announcement.

It seems like a routine asset allocation, but if you follow the operational logic of major institutions, you'll notice the clues.

BlackRock manages over $10 trillion in assets and was a key driver behind the approval of the spot Bitcoin ETF. Every large transfer they make sends a signal. What does this usually mean when they build positions on exchanges? One understanding is hedging risks and diversifying positions; another is preparing to adjust holdings at the most liquid moment.

An interesting contrast is that retail investors calculate how many times they can earn in FOMO, while institutions carefully analyze liquidity depth. While everyone is fantasizing about the benefits of rate cuts, BlackRock is telling the market with real money — they are preparing for "post-expectation fulfillment."

This is the logic of top market participants: not chasing expectations, but laying out follow-up strategies when expectations are strongest. Maybe they are bullish, maybe they are hedging, but they are certainly not just following the trend.

The key is that when you see through this step, they have already planned the next move. Keep an eye on large on-chain transfers, but also stay rational.