macro analysis The speech by the US Treasury Secretary boosted market confidence, and BTC saw an event driven rise, releasing multiple positive signals: 1. Emphasize that GDP growth will be faster than debt growth; 2. Clearly state that there will be no complete decoupling of trade with China; 3. Announce a $2 trillion investment commitment for the Middle East. These statements have strengthened the market's confidence in Trump's economic policies, driving BTC out of a liquidity driven uptrend during the US stock market shutdown. BTC