I think this cycle is likely to be the super cycle we have been eagerly anticipating Add a few points: 1. The stablecoin of the US dollar is just the beginning, not the end, of the decentralization of fiat currency. Non central bank stablecoins are a subversion of all central banks, and after the subversion, the new foundation is crypto 2. The "crisis" of US Treasury bonds and the narrative of the "Great Reset" have just begun, and everyone has just realized that the Mar-a-Lago agreement is not a joke (although it may be true, it does not affect everyone's ability to use fiat currency) 3. RWA's listing on the US stock market has just begun, and this is a newly added asset that is tens of times larger than the current market value of the cryptocurrency industry 4. The AI super industry cycle has just begun, and the independent economy driven by AI - agent economy, and the new Internet carrying the AI driven economy, agentic network， Their economic foundation can only be a decentralized digital economy - crypto so Everything is just beginning