In the days leading up to Christmas, there are three things in the global financial world worth keeping a close eye on.

First, the most explosive news—a certain country's new government may be about to replace the head of its central bank. One of the candidates has openly stated, "If rates need to be cut, then cut them." What does this mean? Monetary policy may no longer be so "independent," and we're very likely to see more aggressive liquidity injections soon.

How crazy is the market reaction? Traders have already priced in an 87.6% probability of a rate cut in December. This number tells you one thing: the money is coming, and it's coming fast.

The most interesting changes are happening on the crypto side.

Have you noticed? Recently, Bitcoin's price movement has been almost perfectly synchronized with the Japanese yen's exchange rate. This is no coincidence—behind it is global capital frantically reallocating in the gap between yen rate hikes and US dollar rate cuts. Arbitrage capital is voting with its feet.

There's an even deeper signal: US and EU stablecoin regulatory frameworks are "tacitly" converging. Don't underestimate this—the real aim is to bring digital currencies into the realm of sovereign finance, allowing the dollar and euro to maintain their dominance in the digital era.

To put it bluntly, a politically driven liquidity party is about to begin. Crypto is no longer a fringe asset—it's becoming the new battleground for traditional capital. The shift in the landscape is happening right around this Christmas.