#美联储政策分析 Wow, Trump is really rewriting the Fed's playbook! 🔥

I just finished reading this analysis and was directly struck by it—the "institutional iron law" of central bank independence is now quietly loosening, and the Ministry of Finance wants to take power from the Fed? What does this mean? Liquidity easing, brothers!

Saylor is really ruthless; when the market was weak, he bought back 10.6k BTC, which is betting against us. At the same time, Tom Lee wasn't idle either, pouring 429 million dollars into ETH. The scale of these two big players' counter-trend accumulation is enormous.

The most crucial point is that the $4 billion outflow from the ETF is not a panic sell-off at all, but rather a forced liquidation of basis arbitrage positions! 93% of trading days had the interest rate spread below the breakeven point, and the arbitrage space has disappeared, forcing institutions to dismantle their positions. This situation actually indicates that the market is cleaning up leveraged garbage, and what remains are genuine long-term investors.

The current situation is: the era of fiscal dominance has arrived, the duration of U.S. Treasuries is being compressed, long-term interest rates have lost their independence, and systemic liquidity will gradually improve. There is indeed still some chaos in the short term, but this is precisely the best strike point for the transition between the old and new orders.

Christmas market? I think the opportunity is there, the question is whether we can seize it. 🚀