According to CoinMeta, analysts from Bitunix point out that the global market is entering a phase of financialization of policy tools, with governments from various countries deeply intervening in the market. Investors are now more concerned about the credibility of policies and the integrity of systems, rather than just economic data. The U.S. Treasury Department has increased the borrowing scale for the third quarter to $739 billion, while Federal Reserve official Williams maintains the stance that inflation will return to 2%. Japan is suspected of using $34 billion to intervene in the foreign exchange market, and the U.S. Treasury Department supports the expansion of FIMA tools. The Trump administration is facing lawsuits from 25 states regarding tariff measures and is requesting oil companies to lower oil prices. Iran refuses to fully reopen the Strait of Hormuz, leading to a continued risk premium in energy supply. The United States is simultaneously advancing the AI governance framework, and global capital markets are competing based on the consistency of policies and the creditworthiness of systems among different countries.