[Analysis: Rate cuts may no longer be the key to a BTC bull market, traditional pricing logic is being reshaped] Deep Tide TechFlow reports, on February 7, according to Cointelegraph, ProCap Financial Chief Investment Officer Jeff Park stated in an interview with Anthony Pompliano that the market may need to reassess the traditional logic of 'loose monetary policy driving Bitcoin bull markets.' More accommodative policies (such as rate cuts) may no longer serve as the key catalyst for Bitcoin entering a bull market in the future. The most important upward catalyst for Bitcoin's next phase may be entering what he calls the 'positively correlated Bitcoin' phase, where prices continue to rise even in a Federal Reserve rate hike environment. This would signify Bitcoin breaking away from the narrative of relying on quantitative easing (QE) liquidity. If this scenario materializes, it could mean the traditional financial system's logic is disrupted, including the risk-free rate pricing mechanism, the dominance of the U.S. dollar, and the yield curve pricing model.