#数字资产动态追踪 A veteran gambler's heartfelt words: In 2026, the real killer in the crypto world won't be liquidation, but the ticking time bomb of the US national debt.

Honestly, the most frightening thing right now isn't even contract liquidations. What truly threatens life is the hot potato of US Treasury bonds accumulated by 2026. This is more deadly than any breaking news — it will directly drain global liquidity.

The numbers are right here, do your own math: one-third of US national debt matures between 2025 and 2026, with at least $4.1 trillion needing to be rolled over in 2026 alone. Converted to RMB, that's over 30 trillion yuan, more than a quarter of our entire annual GDP. And these bonds were issued during zero interest rate periods; now, with rates soaring above 4%, interest payments double directly, pushing the government's debt repayment pressure to the brink.

There are only three options on the table: raise taxes, print money, or borrow new to pay old. Choosing any of these will result in global capital being drained. The crypto market relies on active funds; once liquidity dries up, what support is there for prices?

US interest payments alone each year approach nearly one trillion dollars, and looking ahead to the next decade, this figure will soar. Conversely, the government’s ability to inject funds to stabilize the market will only become tighter. In 2020, liquidity injections fueled a crypto bull market; in 2022, rate hikes directly triggered a crash — but that was just policy adjustments. This time is different — fiscal pressure is ten times more severe than in 2022, and unavoidable hard debt that no one can change.

Based on years of real trading experience, I have three suggestions: First, stay away from high-leverage and overvalued projects; quickly reduce leverage on contract positions. Second, focus on mainstream assets like Bitcoin and Ethereum, as well as sectors with real applications like cross-border payments and decentralized storage. Third, keep sufficient cash on hand, and re-enter the market when the deep correction in 2026 occurs.

This isn't empty talk; it's real market intuition. To survive comfortably in the crypto space, relying solely on reckless bets won't cut it. Understanding the patterns and keeping pace is the only way to live and profit in 2026.