#贵金属黄金与白银刷新历史高位 $BTC Big news from the U.S. Treasury Department recently: holding over 200,000 BTC will no longer be sold and will be fully incorporated into the national strategic asset reserve.

This decision was officially announced at the Davos Forum, signaling that the long-standing market concern of "government selling pressure" has essentially been eliminated. From a certain perspective, the U.S. is positioning Bitcoin alongside gold as an equivalent strategic asset—marking a watershed moment in the history of digital asset development.

Looking deeper, this move by the U.S. is not just about accumulation. The logic of international political economy suggests that when the world's leading economy begins to include an asset in its national treasury, other major economies will enter a "reserve competition" game. Research from institutions like Fidelity has already indicated that in the coming years, more countries will consider Bitcoin reserves, for a straightforward reason—the competition for monetary discourse in the digital age has already begun.

From a liquidity perspective, what does this mean? It means that the circulating supply of Bitcoin in the market will become increasingly scarce, while demand continues to grow—traditional financial institutions, sovereign funds, and individual investors are all building positions. This demand expansion under supply constraints is the core logic behind future price trends.

Practical impacts on ordinary investors:

First, the "four-year cycle" historical pattern may become invalid. When institutions and nations become the main market participants, extreme volatility will be smoothed out, replaced by longer cycles and more gradual upward trajectories.

Second, capital will focus more on top-tier assets. Projects like $ETH, $SOL with real application foundations can attract traffic, but the era of "wealth creation myths" for small coins may fade—smart money always follows certainty.

When the world's largest economy incorporates crypto assets into national policy documents, this is no longer a boundary issue for tech geeks. The true market revaluation cycle may have just begun.