I have talked about the correlation between M2 and cryptocurrencies before, and I remember the last time I mentioned it was in mid March. As a result, the price of BTC fell to a short-term low of $74000 a few days later, while when M2 reached a new high, Bitcoin was around $81000. The important thing is that M2 does not represent an increase in liquidity, but rather an increase in global bank reserves, which is difficult to directly equate with risk marketization. Moreover, we have also seen that the recent increase is not more about the recovery of liquidity, at least it can be clearly distinguished from the trading volume. The trading volume has not been significantly increased, and the increase is more driven by events. If Trump did not operate on tariffs this time, it would not be the turn of the current field. If it weren't for the economy not experiencing a recession and tariffs being suspended for 90 days, it might still be fluctuating around $80000. So fundamentally, it's not about what M2 will do, but about how much liquidity in the market can cause Bitcoin to rise or fall when there are event driven factors. Of course, what I said may not be correct. Let's see how you understand it. I think what @ TJResearch01 said about skipping classes is very reasonable. It is possible to carve a boat and seek a sword, but we cannot rely entirely on it. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex https://(x.com)/Phyrex_Ni/status/1901185644191510661