Listen to these policy combo punches, it feels like the US is playing big.

To win this year's elections, various favorable policies are coming into play: credit card interest rates are cut from as high as 30% to a cap of 10%, institutions are no longer allowed to buy single-family homes for speculation, but instead are encouraged to reinvest in the financial markets—this logic is quite interesting.

The more aggressive measures are still to come. Just cutting mortgage rates by $200 billion—what does that mean? With liquidity being released like this, whether it's the stock market or the crypto market, both will benefit from this wave of dividends. The interest rate target is lowered to 1% by 2026, and gasoline prices are pushed down to $2 per gallon—these are full-scale stimuli for consumption and investment.

The question is: with so many favorable policies stacked together, can they all be realized? If so, in a low-interest-rate environment, the yields of traditional assets will decline, and investors will inevitably look for alternatives. As risk assets, crypto assets might just become the destination for this part of the liquidity. But the risks are also significant—policy changes are too rapid, and market volatility will definitely increase.