["1011 Insider Whale" Agent: Federal Reserve's Shift to "Financial Repression" Could Reshape Global Asset Pricing] According to Deep Tide TechFlow, on March 29, "1011 Insider Whale" agent Garrett Jin published an article stating that the U.S. ground warfare plan has been exposed. If the conflict between the U.S. and Iran escalates, the Federal Reserve may face a triple conflict of controlling inflation, ensuring financial stability, and financing fiscal needs, potentially shifting toward a "financial repression" policy path. This would involve maintaining relatively stable interest rates and releasing implicit liquidity to support Treasury financing and the banking system. The Federal Reserve might guide funds into the Treasury market by adjusting policy guidance, relaxing the supplementary leverage ratio (SLR) constraints, optimizing risk-weighted asset allocations, and introducing emergency liquidity tools. If the conflict de-escalates in the short term, inflation and oil prices may temporarily decline, creating room for risk asset recovery. However, if the conflict continues to escalate, global markets may experience structural divergence, with the banking system under pressure, the U.S. dollar weakening, and real yields on Treasuries declining. Garrett Jin believes that the truly critical risk signal lies in changes in demand for U.S. Treasuries. Against this backdrop, the pricing logic of risk assets, including crypto assets, may be reshaped, with the macro liquidity environment becoming the dominant variable.