#数字资产动态追踪 Policy shocks are frequently implemented, causing changes in the global liquidity landscape

Recently, the financial markets have been quite lively. On the US side, tariff issues continue to heat up, involving amounts reaching the $600 billion level. Such policy adjustments often impact the global trade pattern. Meanwhile, signals from the Bank of Japan regarding interest rate hikes are becoming clearer, indicating that the era of ultra-loose monetary policy may truly be turning.

History shows us that whenever cheap funding begins to tighten and liquidity environments become more volatile, market fluctuations tend to significantly increase. At such times, investors will reassess their asset allocations—either moving into safe-haven assets or seeking new growth stories.

Interestingly, some major Wall Street institutions seem to have sensed these changes. It is reported that they are beginning to advise clients to allocate a certain proportion of their portfolios to cryptocurrencies. From a traditional finance perspective, this is a noteworthy signal. Assets once considered fringe are gradually gaining attention from mainstream institutions.

So the question is: when macro policy shifts collide with capital flows, how will the market move? Will more people choose to cling to safe-haven tools, or can new narratives truly reverse expectations? The performance of mainstream cryptocurrencies like $BTC and $ETH might provide some answers.