#数字资产行情上升 $SUI $PEPE The US debt storm is approaching. Can the crypto market still stay stable?

Stunning numbers are in front of us: $38.5 trillion in US debt, with annual interest payments exceeding $1 trillion. This is not just debt; it's a sword hanging around the neck of the global economy.

The situation has reversed. The era when countries competed for US debt is over; now it’s a game of everyone selling based on their own ability. Participants have their own motives:

The US government? Completely abandoned. Billions of dollars are being thrown around in legislation, borrowing and spending simultaneously, with fiscal discipline virtually nonexistent. It’s gambling with national fortune.

Debt-holding giants like Japan are caught in a dilemma. Holding trillions in US debt, selling would pressure their exchange rates, while holding onto it means watching their assets get diluted. Trapped between a rock and a hard place.

Hedge funds are celebrating. High interest rates and volatility—this is their paradise. US debt has shifted from a safe haven to a speculative tool.

The smartest players have already taken action. Countries whose strategic reserves have fallen to a ten-year low have quietly rebalanced: reducing US debt holdings, increasing gold, energy, and mineral resources. This is an early exit.

The next three paths are all bleak:

First, sticking it out. The Federal Reserve cuts rates to stabilize, but inflation and deficit pressures keep interest rates high, causing market fluctuations and slow capital outflows globally.

Second, explosion. Institutional investors collectively reduce their holdings, US debt yields soar, triggering chain reactions and intense turbulence in financial markets.

Third, recession. US dollar credit gradually loosens, countries accelerate settlement in their own or other currencies, eroding US dollar dominance, and US financing costs rise sharply.

In this storm, who will drown first? Those institutions that deceive themselves by clinging tightly to US debt. Who is secretly enjoying? The smart capital that has already turned away, and financial players hunting in the volatility.

When the waves recede, all that’s left are empty promissory notes. Who do you think will be the first to break through their defenses in this wave? Share your thoughts in the comments.