China's central bank announces interest rate cut and reserve requirement ratio reduction

On May 7, Pan Gongsheng, governor of the People's Bank of China, announced at a press conference that the reserve requirement ratio would be reduced by 0.5 percentage points, providing approximately 1 trillion yuan in long-term liquidity to the market. Additionally, the policy interest rate will be lowered by 0.1 percentage points.

In the United States, the non-farm payroll data for May exceeded expectations. The Federal Reserve is expected not to cut interest rates in June. Now, on one side, there is a reserve requirement ratio reduction and interest rate cut, while on the other side, there is a delay in interest rate cuts. How should one play this?

Certainly, one side must be employing underhanded tactics, either pretending to be strong while making a surprise attack to extract more money from the opposing financial market, not filling the pit, or engaging in tariff negotiations without backing down, ensuring the other side does not benefit. The fire is about to be opened, and next, we will see the performance $BTC