This week is destined to be extraordinary. Starting from Monday, the Federal Reserve prepared to inject short-term liquidity of one or two hundred million dollars into the market through Treasury bill operations. In the following days, major events followed one after another.

The Fed's economic statement, the Supreme Court's ruling on tariffs, Trump's speech at Davos, the Fed's balance sheet update, plus the Bank of Japan's interest rate decision—these events covered all aspects of liquidity, interest rates, trade policy, and central bank stance. In simple terms, it is a comprehensive macro shock.

How will the market react? Increased volatility is almost certain. Trading volume fluctuates wildly, with bullish and bearish sentiments switching as quickly as flipping pages. Expectations and reality will repeatedly tug at each other, and the realization of various positive and negative news will release huge energy in a short period. It will be difficult to see a one-sided trend this week; instead, various sudden activities and spasms will become the norm. The market may appear somewhat chaotic, and no one can predict which direction the next hour will move.

Interestingly, amid the hustle and bustle of the global macro markets, some projects in the crypto ecosystem are advancing steadily at their own pace. For example, the DeFi protocol Lista DAO, which chooses to continue pushing forward with its 2026 strategic plan during this uncertain time. This kind of resolve may well be a reflection of long-term value.