Let’s break down Fu Peng’s subtext: 1. Crypto assets have officially been integrated into the mainstream financial system, and the gateway for institutional funds to enter crypto is now open. 2. Bitcoin is entering a structural bull market, but it won’t have the high volatility seen in the past decade. It’s likely to be a long bull run similar to the U.S. stock market. 3. Traditional capital will gradually enter/configure crypto assets, and his own involvement signifies the fusion of crypto assets with traditional capital.