When gold and silver are hitting new highs, is BTC, also a commodity, far behind? The Fed has been injecting liquidity (see Image 1), which is the cornerstone of the market's long-term optimism. Meanwhile, China's liquidity injection is also massive, including the LPR reduction in January (see Image 2). The overall expectation of easing will release a huge amount of capital. Everything is moving in a positive direction—let's wait and see!