#数字资产动态追踪 The Reserve Bank of India’s stance is very clear: they want CBDC and reject stablecoins. In the December Financial Stability Report, the Reserve Bank of India directly stated—countries should prioritize the development of central bank digital currencies (CBDC) and not rely on stablecoins issued by private institutions. Why? Risk issues. Stablecoins could destabilize the financial system. The logic is quite straightforward: CBDC controlled by the central bank is inherently more stable, while private stablecoins have a relatively weaker credit foundation. This reflects the common concern among central banks worldwide. From monetary policy transmission to financial stability, the controllability of CBDC is indeed stronger. Although stablecoins play an important role in the DeFi ecosystem, the cautious attitude of regulators in the macro financial system is understandable. $BTC $ETH $SOL

#数字资产动态追踪 The Hidden Signal Behind the Precious Metals Surge: The Real Indicator of the Crypto Bull Market A recent phenomenon worth noting—gold breaking through $4,550, silver soaring to $80, but Bitcoin remaining sideways, as if the market has split. But if you’ve observed the 2020 rally, you'll see this is actually a familiar script replaying. 📊 The Mirror Effect of History In August 2020, precious metals led the way to a new high. What happened next? Capital didn’t stay put but shifted significantly into the crypto market. Bitcoin surged from $12,000 to $65,000, expanding the entire sector’s market cap by nearly 8 times. This is no coincidence—it's the natural choice for liquidity seeking high returns. How similar is this year’s situation? Precious metals hit new all-time highs again, $BTC $ETH is accumulating energy amid wide fluctuations, and the cycle even mirrors the mid-2020 correction. If we talk about eeriness, the market volatility around October 2025 bears a striking logical resemblance to the March 2020 circuit breaker disaster. 💪 But this round is different Last time, it was driven by the Federal Reserve’s "loosening" measures; this time, multiple engines are firing simultaneously: Liquidity channels are reopening, with the Fed’s policy tone already shifting; rate cut expectations continue to be released; banking system leverage is relaxing (possible SLR exemptions), with potential trillions of dollars on standby; crypto regulatory frameworks are gradually clarifying, and compliance channels are opening; positive signals from policy are ongoing; institutional tools like spot ETFs are continuously improving. There’s also a key variable: the new Federal Reserve decision-makers clearly have a different attitude toward digital assets—markets are already pricing in this policy shift in advance. ⏳ Where is the real opportunity? Sideways movement is not death; it’s energy accumulation. The historical pattern is clear: when the rally in precious metals shows signs of fatigue, it signals that large funds are starting to flow into high-risk, high-reward assets. The crypto market is precisely in this position. The calm before the storm is always silent. The question is, are you ready?

#以太坊投资机会 Seeing the viewpoints of Yili Hua and Nansen CEO is quite interesting. Whales continue to buy ETH, and industry consensus is optimistic about the spot range. These signals are indeed worth paying attention to, but I am more concerned about the underlying logic—risk control and risk-reward ratio are always the top priorities. Recently, I reviewed the ETH position adjustments of several top traders and found an interesting phenomenon: true experts tend to become more cautious during these "consensus buying" moments. Why? Because the easiest time to get caught in a trap is often when everyone is celebrating. However, what the Nansen CEO said hits the point—Ethereum community needs a sense of crisis. This complacency might be the most hidden risk, more terrifying than a sharp decline. So my follow-trading strategy is like this: I won't follow the trend to buy all-in, but instead, I diversify my positions—part of the holdings are with those steady players who are continuously accumulating at the bottom, and the other part remains on hold, waiting for clearer technical confirmation. Practice has proven that when everyone is optimistic, risk exposure should be controlled. Only then can there be room to maneuver in case of sudden situations. Consensus is a reference, not a belief.