#数字货币市场洞察 Chinese crypto analyst Ban Muxia recently made a bold prediction: this week, if the central bank cuts rates and expands its balance sheet, it could directly ignite a rally in risk assets for December. U.S. stocks, digital assets, gold, and silver could all take off together.

This person has been laying the groundwork for a while. Looking back at his analysis published on November 11, he clearly predicted a policy turning point in December—ending balance sheet reduction and returning liquidity to the relatively loose levels of autumn 2019. He even gave a more aggressive timetable: real large-scale easing would have to wait until next May, when Trump’s side gains the initiative over monetary policy, referencing the intensity of the March 2020 operations.

The market is already full of anticipation for a policy shift, and Ban Muxia’s “one-month rally” logic has been like a shot of adrenaline for holders of cryptocurrencies and equities. Of course, there are also plenty of cautious voices: how much liquidity will actually be released after the policy is implemented will depend on the execution. After all, when expectations are already high, you have to watch out for the classic scenario of “the shoe drops and the market tanks.”

How strong will this liquidity narrative burn? The market’s response in the coming weeks will provide the answer.