A lot of people are asking why $BTC and $ETH keep climbing while the Fed and BOJ tighten, oil stays high, and inflation runs hot.

One thing many are missing: the Fed is still buying bonds.

Here's the simple version:
Fed buys bonds → reserves flow into the system → liquidity rises → yields soften → financial conditions ease.

This is a form of liquidity injection, and it's one reason risk assets can still grind higher even as rates rise.

Add in US midterms in November and a wave of major IPOs on deck, and the setup still has room to run for a while.

If you're already holding, just hold.

If you're sitting on solid profits, consider scaling out gradually between now and November.

Personal view, not advice.