Do you think BTC breaking the historical high of 110,000 is the starting point of a bull market?
Do you think the increase in institutional holdings and ETF fund inflows indicates a return of market confidence?
Wake up! This is not a bull market at all, but a carefully designed 'US Treasury takeover game' by the US!
1. Countdown to US Treasury collapse, the US urgently needs 'new retail investors' to take over.
By June 30, the US has to repay 6 trillion dollars of maturing US Treasuries! But the problem is—no one is buying!
- Global central banks are frantically selling: China, Japan, Germany, and other countries continue to reduce their holdings of US Treasuries, with the dollar reserve ratio falling to a 30-year low.
- Institutions dare not take over: Silicon Valley Bank's collapse and BlackRock's default are due to the liquidity crisis of US Treasuries, no one wants to be the scapegoat.
If no one buys US Treasuries, the dollar hegemony will collapse! What to do?
The answer: let retail investors buy!
2. The truth behind BTC's surge: a 'wealth effect' scam.
Why did BTC suddenly surge? Why did the market suddenly 'return to bullish'?
- Creating a myth of getting rich quickly: BTC breaks 110,000, retail investors FOMO into the market, and funds flood in wildly.
- The 'dark logic' of the stablecoin bill: The recently passed (GENIUS Act) and (STABLE Act) require all compliant stablecoins (USDT, USDC) to be 100% backed by dollars or US Treasuries.
What does this mean?
- For every 1 dollar of USDT you buy, Tether has to use 1 dollar to buy US Treasuries.
- For every 1 dollar of USDC you deposit, Circle has to convert the funds into US Treasuries.
- The larger the stablecoin market, the more buyers for US Treasuries!
This is not regulation, this is the 'automated selling system for on-chain US Treasuries'!
3. Tariff war + crypto surge = the 'double act' of US Treasuries.
Recently, Trump suddenly announced a 50% tariff increase on the EU, causing a brief crash in BTC.
Do you think this is a trade war? No, this is forcing funds to flow back to the US!
- Global capital panic → funds flee to 'safe assets' (dollars, US Treasuries).
- BTC surges → Attracts retail investors → Funds enter the US Treasury market through stablecoins.
One link leads to another, it's all a trick!
4. The real crisis: After June 30, will BTC crash?
If the US successfully makes stablecoins and BTC a 'lifeline for US Treasuries', then:
✅ Short-term: BTC may continue to rise (attracting more buyers).
❌ Long-term: Once the US Treasury crisis eases, BTC may be 'abandoned', leading to an epic crash!
5. How should retail investors respond?
- Beware of FOMO sentiment: BTC new highs ≠ bull market, it could be the last carnival.
- Pay attention to stablecoin reserves: If USDT and USDC are issued wildly, it means increased pressure on US Treasury takeovers.
- The end of June is a key point: the maturity date of US Treasuries is approaching, and the market may experience severe fluctuations.
Conclusion: This is not a bull market, but a financial war for the 'lifeline of the dollar'!
Do you think you're trading coins?
No, you are unconsciously becoming the 'buyer' of US Treasuries!
