#美国经济指标与政策# Recently, the uncertainty of the U.S. fiscal policy has made the hard asset market lively again. There are analyses saying that Trump proposed a $5 trillion debt ceiling expansion plan, which has already caused the U.S. debt balance to surge by more than 10%. In this situation, Bitcoin, as a hedging tool, may benefit. However, one should still be cautious in the short term, as August and September have historically been months where Bitcoin performs relatively weakly. Moreover, the recent FOMC meeting has just concluded, and the next one will not be until mid-September, so there may not be major policy actions during this period. Therefore, I think we may enter a sideways consolidation phase, and I suggest everyone be patient, pay more attention to the changes in capital flow, and look for the right timing to take action.