MSCI has decided not to remove DAT companies from the index for now, as the only risk of a bull market has been lifted! Major news, MSCI has just announced that it is not considering removing DAT companies from the index for the time being, and is considering distinguishing between investment companies and such DAT companies, or imposing new measurement standards. This basically matches Hai Ge's previous inference on December 21st: https://((x.com))/0xtiger/status/2002752936552841615 At that time, many people were scared to death by the news that MSTR might be delisted from MSCI, exclaiming that the bear market was deep and bottomless, but in fact, through various news and logical analysis, Haige judged that this probability was very low at that time. The main analytical logic lies in: 1. MSCI used to be a subsidiary of Morgan Stanley, and although it has become independent, it still has intricate relationships. Meanwhile, Morgan Stanley's layout in the cryptocurrency industry is becoming deeper and deeper. We all know that they just applied for Bitcoin and Solana spot ETFs last night; 2. The current major shareholders of MSCI are Vanguard Group and BlackRock, the two major Wall Street giants. BlackRock holds the largest Bitcoin spot ETF, while Vanguard Group is recommending Bitcoin allocation to its clients on a large scale, with a proportion of up to 4%. MSCI's removal of MSTR at this time will not receive shareholder support; 3. The encryption strategy is the strategic layout of the US government and all institutions on Wall Street at present. Does MSCI want to take risks? I was a bit surprised to see this news today, which confirms Hai Ge's speculation at that time. Last night, Hai Ge also wrote an article about why the four-year cycle of Bitcoin has expired: https://((x.com))/0xhiger/status/2008555361440330164 It is also mentioned that the biggest uncertainty factor in this bull market cycle is the internal structural problems, namely ETF and DAT. ETF is currently the healthiest model, and the risk of DAT being excluded is temporarily excluded. Therefore, as time goes by, a large number of DAT companies with significant risks will have time to make some degree of model changes to meet the new standards that MSCI may implement in the future. Da Mo not only plays a pivotal role on Wall Street, but also throughout the United States. Previously, there were reports of Da Mo blocking bank accounts for cryptocurrency professionals and institutions. However, with MSCI temporarily suspending the removal of DAT companies and Da Mo applying for cryptocurrency spot ETFs, this indicates that the most conservative American institutions are changing their mindset and beginning to fully embrace cryptocurrency assets and the cryptocurrency industry. So, the second phase of the bull market has undoubtedly been confirmed, and we are ready to welcome such an institutional led bull market super cycle!