The scale of US debt is rushing towards 40 trillion dollars. Who will ultimately bear the pressure?

The current situation is very delicate—unemployment rate has become the focus of mid-term assessments, but the AI wave has long been quietly replacing jobs. Traditional stimulus measures are becoming less effective, and easing liquidity seems to be the last resort. The Federal Reserve faces a dilemma: if they continue tightening, there is a risk to the economy; if they loosen policy, debt problems will continue to accumulate.

From the market perspective, expectations of global liquidity easing are already heating up. This is no secret—institutions and traders are betting on the arrival of a rate cut cycle. Once expectations shift to reality, markets with abundant liquidity often see a reassessment of risk assets.

Can March continue its strong trend? It depends on the specific policy developments. If a rate cut really comes onto the agenda, it signals a re-pricing for liquidity assets like BTC and ETH. Even small coins like PEPE are often driven higher in a loose liquidity environment.

The key question is: are your positions already prepared for this wave of liquidity release? Expectations of easing are growing stronger, but when the market will truly respond remains to be seen.