#流动性与利率政策 Regarding the discussion on liquidity and Bitcoin in 2026, I recently saw two camps clashing, which actually offers some insights for us retail investors.

One side argues that loose liquidity requires "massive money printing" to happen, and short-term Bitcoin is bearish; the other side says that global central banks have shifted towards rate cuts, and liquidity is expected to improve, so Bitcoin should benefit. Both viewpoints have their logic, but the core difference lies in—when will liquidity truly loosen?

My judgment is this: the liquidity environment in 2026 is indeed on the path to improvement. Historical data also shows that gold and M2 usually lead Bitcoin in performance, indicating that the capital flow is already turning. But "should benefit" does not mean an immediate rise; there are variables like policy pace and market sentiment in between.

The takeaway for us retail investors is—don't get caught up in short-term price fluctuations. Instead, seize this window. An improving liquidity environment means project teams will be more enthusiastic about fundraising, and new projects and interaction opportunities will only increase, not decrease. Rather than trying to predict coin prices, it's better to focus on: 1. locking in recent new project interaction opportunities; 2. accumulating liquidity token positions, waiting for the real loosening cycle to start; 3. paying attention to which project teams are most active at this stage.

Simply put, the macro underlying logic is on our side, and now is the time to act.