When politicians become crypto advocates, the entire market's game rules change.

On the surface, policy shifts and relaxed regulations seem to signal a springtime for the crypto industry. But on a deeper level, who truly benefits?

The data speaks: over 250 listed companies have begun accumulating crypto assets. For these companies, their main business is no longer important; hoarding coins has become their core strategy. They treat listed companies as shell funds, using retail and traditional investors' funds to bet on crypto volatility. The line between the stock market and the crypto market is blurring.

Risks are spreading. Previously, crypto fluctuations only affected crypto participants; now they are directly transmitted to your stock account. High volatility is spreading from one asset class to the entire financial ecosystem.

What's more interesting is that the pro-crypto personas, trending tokens, and political support you see—all are traffic tools. Every tweet, every project is shaping hype, and hype itself is a product that capital loves most. Capital groups are already prepared to exchange your funds for packaged risks.

You think you're riding the wind, but in reality, you're taking the bait. Those who are truly clear-headed won't be fooled by slogans; they are quietly positioning themselves and quietly exiting when the climax arrives.

What should ordinary people do? First, identify who benefits. Is it entrepreneurs? Not entirely. Is it institutions? Mostly. Is it retail investors? Hard to say.

In this conspiracy between politics and capital, cognition and patience are more valuable than speed. Don't be driven by the urgency to enter; understand the underlying logic of the market. Wealth won't pour into everyone just because policies shift; it will only concentrate in the hands of those who have laid out early.

Understanding this game makes it less likely you'll become a bystander.