Here it comes again, it's that time of year again for the

"The crypto market is doomed, all the liquidity has gone to the dollar" show.

The reality is, the U.S. stock market is actually declining, and the MAG7 are all trending downwards.

Coupled with the technical default risk of U.S. bonds in two weeks + war factors, even if there is a rate cut, won't we first price in a trading recession and then welcome a historic peak in U.S. stocks?

We can't just see CRCL and COIN profiting, while ignoring SBET and BTDR getting hit. When a scammer changes their outfit, you might not recognize them, yet they teach the same harvesting methods to U.S. stock manipulators, and then call out to the "Philippine post-market stock recommendation zone" saying, "U.S. stock liquidity is on a different level," and smoothly pass it on to you.

The harsh reality is that with the start of the conflict with Iran, the world will enter a larger scale of division, and "black and gray funds" will only increase, not decrease.

Trump's new policies actually ushered in a wave of "de-compliance," allowing these funds to enter the U.S. stock market. After the peak of U.S. stocks, won't it still be the case that they transition into the crypto space through narratives of "decentralization" and "safe-haven assets"?

Don't leave your comfort zone unless you really know what you're doing. Those who try to trick you into jumping in to take over U.S. stocks are basically either foolish or malicious. I've personally seen how money can buy influence in major developed country exchanges; do you still believe that what you see as "compliance" is truly "compliance"?

Only by continuously cultivating new scythes can we ensure that liquidity remains in this industry.