As a blockchain analyst with a front-row seat to global financial shifts, I unpack China's potential return to a "moderately loose" monetary policy – a tactic last seen during the 2008 crisis. We'll examine why Beijing dusted off this playbook only once before (2009-2010), how crypto markets might react, and what Fed rate cuts have to do with PBOC's next move. Spoiler: The coming monetary stimulus could make DeFi yields look tame.