#机构投资加密货币 The old foxes in the institutions have finally been exposed🤣 The halving cycle theory has long been dead, and the current game rules are dictated by **politics + liquidity**. The Fed cutting interest rates won't save the market either, because institutions are all waiting for signals, being very cautious.

What does this mean? Consolidation is the norm; if you want a parabolic surge? Wait until liquidity clearly improves💀 There is no room for short-term gains; the pace of capital inflow is painfully slow. But this is also an opportunity—when accumulating at the bottom is the most intense washout period, those who can't hold back will be cleared out.

The real rhythm still depends on the political cycle and the attitude shift of big funds. This time, it's not technical analysis that matters, but the macro environment. Are you ready?🔥