The flow logic between the US dollar, gold, and crypto assets hasn’t changed. At Wash’s hearing, he specifically brought up crypto assets, and he already said it very clearly: crypto assets have now been integrated into the US’s financial system. So if he takes office, from Huang Mao to Bessent and then to him, they will all actively push the development of crypto assets. In other words, within the “water reservoir” logic, it will always exist and will continue to play the role of that adjustment lever.

In fact, it’s already very clear what they want: a strong US dollar, but at the same time, they want the US dollar to depreciate. What does that mean? It means people still trust the US dollar, hold the US dollar in reserve, and use the US dollar—this whole series of financial logic is centered on the US dollar. The current Middle East war is part of their effort to further bind oil to the US dollar; this is an important move in the grand chess game.

So this war hasn’t ended yet—there will still be fighting. Right now, it’s all “talks” for appearance; the real purpose is to prepare for war and lay out the next stage of the battle plan. Many people are running around in circles, with some believing everything and others staying clear-headed. But in the capital markets, major institutional players repeatedly exploit this kind of information gap—already earning a fortune. Everyone should know from the news that the USS Bush is about to arrive in the Middle East. For decades, there has never been such a heavy troop deployment with three aircraft carrier strike groups assembling together here. The May 1st deadline—the 60-day period—is about to expire.

Will Huang Mao really obediently fall in line? Of course not. So, in my previous article, I said that crypto will soon see a bottom, risk will clear quickly, and it will be over after the final drop. Remember: the crypto market is always the weather vane; any gust of wind will be the first to respond immediately. Let’s just wait quietly. $BTC