According to @hfangca, Fidelity has enabled bitcoin deposits and withdrawals, a move he views as significant for market structure. According to @hfangca, this development supports the view that the current market is not a typical 4-year cycle and that Bitcoin (BTC) and fiat-backed stablecoins now have a symbiotic demand narrative. According to @hfangca, the wider global use of fiat-backed stablecoins creates a powerful on-ramp for digital fiat that should increase mainstream BTC adoption. According to @hfangca, the efficiency of this global stablecoin infrastructure may accelerate consensus around BTC as a unique, verifiable inflation hedge that remains independent of any single sovereign or institution for now. According to @hfangca, grassroots participants should do their own research, build a personal thesis, ignore market noise, and avoid being front-run out of their BTC positions.