Wu said that the latest report from QCP Capital pointed out that as the conflict between Israel and Iran escalates, despite the rising geopolitical risks, the reaction of traditional financial markets is relatively mild, with the S&P index falling only 1% and WTI crude oil rising 2%. In contrast, the crypto market has been hit harder, with BTC falling 4% and currently finding support at the 60k mark, but if the situation deteriorates further, prices may fall to 55k. QCP mentioned that although the situation in the Middle East has occupied the market focus in the short term, the market demand for risky assets remains strong, and the greater opportunities brought by the global macroeconomic situation should not be ignored. China's current economic policies are similar to those of Japan in the 1990s. A large influx of liquidity and potential fiscal support may drive asset prices up, and this optimism may spread to global markets, including crypto assets.