The asset attributes of Bitcoin have been redefined in the past six months, and the new and old main funds have simultaneously completed the handover of pricing power. A new fund pool with Bitcoin as the core asset, ETFs and US stocks as capital inflow channels, and unlimited US dollar liquidity through the Ponzi model represented by US listed companies represented by MSTR has officially been launched.

As the BTC price broke through $89,000, the market saw a long-awaited bull market atmosphere, and altcoins saw a sharp rise, with several public chain tokens nearly doubling in price.

1/ The disorderly consolidation that lasted for 7 months has finally come to an end. The price behavior before and after the election clearly shows the liquidity dilemma of the market and the growing power of the over-the-counter pricing power that have been repeatedly emphasized in the past few months. The trading behavior of the past cycle is increasingly constrained by the change of the overall environment. The market has given all participants a clear answer. 2/ From the perspective of the market, all kinds of operations of altcoins are subject to the obvious lack of liquidity, and the price behavior has ended in failure. The upper limit of the market value of the fully circulated altcoins in the market this month is about 1 billion US dollars, and the price of new coins has lost its anchor and the high-speed rotation of the Meme sector has once again confirmed the problem of fund flow in the market. 3/ The strategy is no longer a cliché. Whether it is the future FOMC or geography, it is not a value-for-money factor that determines the general trend. The trend is overwhelming, and it is the best policy to continue to quietly accompany the growth of the industry.