There is an interesting phenomenon in the current market environment—many investors are betting on the oscillating upward trend of mainstream digital assets. The underlying logic is actually quite straightforward.

From a macro perspective, the combination of the U.S. government's low-interest-rate policies and active fiscal expansion is gradually pushing up inflation expectations. In this environment, the long-term depreciation pressure on the dollar has become a market consensus. Accompanying this is the difficulty for stablecoins to remain unaffected—dollar depreciation means that stablecoins pegged to the dollar will also see their relative purchasing power eroded, especially looking ahead to 2026, when this trend may further evolve.

From an asset allocation standpoint, many believe this creates a medium-term favorable environment for mainstream cryptocurrencies like Bitcoin. Low-interest-rate environments typically suppress returns on dollar assets, and in the context of rising inflation expectations, scarce digital assets have become a hedge tool. Many holders are gradually positioning themselves in mainstream coins such as Ethereum and Binance Coin, adopting long-term holding strategies to navigate this cycle.

Of course, the market is always full of uncertainties, but this chain of logic has indeed attracted the attention of many participants at present.