Family, recently the regulation on the cryptocurrency market in the country has tightened again. To be honest, I am not surprised at all, but when these actions are truly put into practice, it still sends chills down my spine.

I have found that too many people are still just focusing on the regulatory texts, panicking and cursing, without even noticing that behind this tightening lies a macro logic that 90% of retail investors have not seen through.

The debt reduction pressure faced by local governments has reached a critical stage where they must attack with full force. The most intuitive example is Wuhan, which has recently clearly issued three debt reduction paths: promoting state-owned enterprises to leverage, assisting state-owned enterprises to sprint for A-share listings, and achieving comprehensive financialization of state-owned enterprise resources. This sounds like official jargon, but to break it down, the core logic is quite simple: a large number of assets that cannot generate stable cash flow have long lost other ways of resolution and can only complete risk transfer through the capital market.

As long as the listing is successful, the original debts can be reasonably packaged and dispersed layer by layer, ultimately borne by the entire market, and the debt reduction task will be considered accomplished.

This logic is almost identical to how many countries around the world treat the cryptocurrency market. Either open up and support the cryptocurrency market to take on the overflowed risks, indirectly allowing it to 'pay' for the debts; or tighten the regulatory ropes further, forcing market participants to take on corresponding responsibilities themselves.

The means may seem vastly different, but the ultimate core demand is completely the same.

🔥$BTC

So don't naively think that the fluctuations in the cryptocurrency market and changes in regulation are just normal market rules. Many times, we think we are actively entering the market to seize opportunities and earn profits, but in fact, we have long been arranged by an invisible hand to be on the side of the final settlement of risks. $🔥$ETH

I only do real transactions and don't play virtual games. Friends who want to avoid pitfalls and earn steadily, don’t wander in the cryptocurrency market alone. Keep up with the rhythm, @财经江总 will guide you to earn steadily with winning logic! 🔥#The US cryptocurrency bill encounters obstacles again