#风险管理 Recently observing the Federal Reserve's movements, I feel that this rate cut will become an important watershed. A hawkish rate cut means that monetary policy will no longer be as accommodative as before, which will have profound implications for the crypto market— but it also serves as a reminder of the importance of risk management.

Policy divergence is also a signal. There is a significant split within the Federal Reserve regarding views on 2026, and the change of the new chair adds uncertainty. In this environment, we must stay clear-headed when deploying Web3 investments:

**Diversification is key**—don't put all your chips into a single asset or track. Whether it's DeFi, DAOs, or emerging SocialFi projects, each allocation should have a reasonable risk weight.

**Understand macro rhythms**—the macro environment influences the liquidity and sentiment of the entire crypto market, but this is not a reason to abandon Web3; rather, it reminds us to do the right things at the right time.

**Focus on fundamentals rather than short-term fluctuations**—projects committed to truly empowering decentralized ecosystems have long-term value regardless of policy environments.

Risk management is not conservatism but a way to go further. True Web3 participants know how to maintain rhythm amid volatility, so they can seize future opportunities.