This morning, the Federal Reserve suddenly injected $16 billion of liquidity, marking the second-largest "blood transfusion" since the pandemic. Sounds like just numbers? No, this reflects the real predicament of the traditional financial system at the end of the year—liquidity exhaustion to the point of requiring ICU-level rescue.

Think about it: when the traditional financial system needs such massive emergency injections to keep running, it is already exposing its own fragility. These $16 billion won't just stay quietly in the interbank market; they will definitely spill over. History has precedent: after years of large-scale liquidity injections, Bitcoin jumped from a few thousand dollars directly to six figures.

The current question is, what should retail investors do?

Rather than blindly following the trend, it’s better to remain calm and greedy. This doesn’t mean immediately going all-in on the high, but recognizing a few facts.

**The logic of liquidity is straightforward**: continuous large-scale injections flowing into the market mean that the entire risk asset sector is being supported and built up. This process won't happen overnight, but the direction is clear.

**Which assets should you focus on?** When hot money seeks an exit, the first choice will definitely be assets with the best liquidity and strongest consensus—such as Bitcoin and Ethereum, the "port assets," naturally the primary destinations.

**How to operate specifically?** Don’t expect to precisely catch the bottom. Use dollar-cost averaging to hedge against market volatility, accumulating core positions gradually amid panic and repeated fluctuations. In the long run, this rhythm is often more reliable than betting everything at once.

Every time the old system "transfuses blood to prolong life," it essentially breaks its own balance. Capital must find new outlets, and the gates to the new land (cryptocurrency markets) are opening. Whether the next wave of wealth transfer will arrive depends crucially on whether you are prepared.