The dollar system liquidity crisis, which has lasted for over a month, has shown signs of escalation, breaking through the technical uptrend support. Therefore, a defensive stance is warranted in the short term to control risk. However, recent developments in employment, the economy, international politics, and the Japanese/Latin American capital markets all support further dollar quantitative easing (QE). Bitcoin remains a good liquid asset, and we will reassess it when the opportunity arises.