Listen, let me be straightforward. Those still watching the K-line for breakouts might be missing the two most critical signals of this year.

Halfway through December, two major news stories have already shaken the US financial world: the Federal Reserve officially lifted the 2023 restrictions on crypto, allowing banks to openly engage in Bitcoin-related businesses; shortly after, the FSOC's annual report also changed its stance, removing crypto assets from the blacklist of "systemic financial risks."

This is not a minor adjustment. It’s a complete reversal of the policy ecosystem.

Most retail investors are still debating whether "BTC can hit new highs," but those who truly control the funds have already seen clearly — the green light for regulation is on, and the underlying logic of the entire track is changing. This bull market is not "about to arrive," but has already started driven by policy. The question is, are you on the right train?

To put it plainly: Previously, banks needed multiple approvals to get involved in crypto businesses. Now, with compliance approval, they can participate; crypto was once considered a "financial bomb" to be controlled, but now regulators say "this thing is manageable." In other words, major banks can now legally mine in the crypto space.

How will the banks act? Here, we need to break a stereotype — they are not here to hoard Bitcoin or trade coins. Just look at their actual deployments: crypto custody, tokenized assets, stablecoin management, cross-chain settlement. JPMorgan has already launched a tokenized money market fund, and BlackRock has doubled the scale of tokenized assets in half a year. Every move by these giants is telling the same thing — the real institutional entry is about rebuilding the underlying infrastructure of crypto finance.

How big is this change? To put it simply, the crypto industry has truly moved from the underground into the mainstream financial system this time. From being seen as a "pariah under siege" to an "asset class embraced."