The Fed has just announced a rate hike, and the dot plot has also been released. The U.S. dollar index jumped straight up, the euro fell by 0.63%, and global currencies collectively slumped. This dot plot once again excluded Kevin Warsh—many people didn’t notice this detail, but it’s actually more worth pondering than the rate hike itself. $BTC and $ETH haven’t moved much yet since the news broke, but don’t forget what happened after the last dot plot signaled dovishness. Even more interestingly, ten Wall Street banks have just approved $22 billion in loans for Blackstone and Google’s AI joint venture—tightening liquidity with one hand while pouring $2.2 billion into AI chips with the other. Think about that operation carefully. Where did the liquidity actually go? The answer may be hidden in this information gap. After this round of rate hikes takes effect, do you think BTC will replicate the script from last time?