According to Cas Abbé (source: X post dated Sep 7, 2025), the dollar is weakening, global M2 is at record levels, and liquidity is expanding. According to the same source, Bitcoin (BTC) has historically been the first asset to respond to such liquidity shifts and this is why BTC has held above $100K. According to Cas Abbé (source: X), liquidity remains the primary driver for the next phase of BTC price action.