The cryptocurrency community has recently been discussing the Circle IPO event, as it is a super hot topic in the mainstream financial world and is the company behind USDC, naturally trying to ride the wave of attention.

Some KOLs believe that this IPO is similar to the Coinbase listing event in 2021, where the good news turns into bad news.

Seeing an IPO makes one think of a market crash, which inevitably has the meaning of carving a boat to seek a sword. This is not to say that July won't see a bear market, after all, the Federal Reserve doesn't even plan to cut rates in the third quarter. However, Circle's IPO cannot be compared to the positive news surrounding Coinbase, which was Wall Street's first acceptance of the crypto world; that kind of positive news had symbolic significance and was at a historical price peak, where retail investors were lured in to be slaughtered, indeed, the good news had already been exhausted.

Circle's IPO clearly cannot attract the attention of crypto investors in the same way, nor can it play the role of luring retail investors into taking on the burden; its appeal is even less than that of Trump's Bitcoin bill or Bitcoin ETF. It is even less than the recent symbolic significance of Singapore driving away crypto participants—through policy intimidation, warning new investors in Singapore not to chase the market if Bitcoin peaks again.

When CIRCLE submitted its IPO application to the U.S. Securities and Exchange Commission, the value of this document exceeded a valuation figure of $6.9 billion. Its more important role is to help us further recognize that the United States is firmly executing the 'Swordfish Operation' to move away from dollar hegemony, an airstrike that is 'digging its own grave'; behind all major economic actions is a change in ideology. Since World War II, the global pendulum has begun to swing from left to right, which is crucial for finance professionals. We all know that trading should follow the trend, and when the trend of human civilization shifts, that is far more important than whether Bitcoin is bullish or bearish in the 'small trend'.