· Path: Direct injection of liquidity into the financial system ("water release") → Abundant liquidity seeks high-return assets → Bitcoin and others are seen as benefiting from inflation and dollar depreciation → Generally favorable for Bitcoin.

· Next Chairman: Dovish (e.g., Kevin Hassett)

· Path: The market anticipates strong expectations of "continuous interest rate cuts" and "looser regulation" → Changes in the valuation logic of risk assets → Creates medium to long-term structural benefits for the cryptocurrency industry.