On Christmas night, the entire financial world exploded. Trump released a figure: in the next seven days, 20 trillion dollars will flow into the US market.

You might not have a concept of this number. Look at it from another angle—it’s close to China’s total annual GDP, and five times the combined market cap of all global cryptocurrencies. If that’s true, it’s not just news, but a precursor to a capital earthquake.

Capital flows are never random. Just look at historical records. Every time major global capital rushes into a certain economy, high-liquidity assets in that place tend to take off first.

For example, in 2017—the wave of dollar repatriation expectations heated up, and Bitcoin surged over 1300% that year. At that time, the crypto market was still very small, and infrastructure couldn’t compare to now. By 2020, with trillions of dollars in stimulus plans landing, Bitcoin skyrocketed from $3,800 to $69,000. This wave of market movement was enough to change many people’s life trajectories.

The current situation is completely different. What do we have now? The pathway for Bitcoin spot ETFs has opened, institutional-grade asset custody systems have matured, and compliance frameworks are gradually being established. In short, the previous “channel blockage” problem has basically been solved. Such huge capital—like 20 trillion—coming in is no longer a technical or institutional issue.

The core logic here is—this money could mean that the US dollar is entering a new round of liquidity easing. When massive funds start looking for places to settle, chasing limited good assets, traditional valuation methods become invalid. Metrics like P/E ratios or cash flow forecasts are less important than a more fundamental question: how effectively can this asset absorb and carry such a large amount of capital? How strong is the market consensus?

Under this logic, where do Bitcoin and Ethereum stand? Especially Ethereum, which has both settlement layer attributes and yield-generating capabilities, with a broad ecosystem network. From the perspective of capital absorption efficiency and consensus depth, these assets are likely to become the top choices for this round of large capital inflows.

So here’s the question: if this 20 trillion really starts flowing, what are you going to do? Watch the excitement onshore, or, before the wave fully hits, find your position?