The global bond market is barely holding on—U.S., Japan, France, UK... The current situation is that no one wants to take over long-term bonds, interest rates can’t go down, and governments are struggling more and more just to cover interest payments. I have a feeling that in the next few years, we’ll witness the collapse of a new round of the 'Bretton Woods system,' followed by the launch of Bretton Woods 3.0. Stablecoins, $BTC, $ETH, $XRP, and other cryptocurrencies will play a key role in this 3.0 version. Opportunities like this only come once in a lifetime for most people. On the macro level, just keep an eye on gold and the long-term bond yields of major developed countries moving forward.