Let's talk about my views on this round of rise:

First, two direct factors: one is that Trump has reached a significant trade agreement with the UK. The second is the increasing strategic reserves of Bitcoin! Arizona in the United States has passed the HB 2749 bill, investing 10% of state funds in Bitcoin, becoming the second reserve state in the United States after New Hampshire.

In fact, this wave of market movement started 24 hours ago with the #Federal Reserve meeting and Powell's speech. Powell's speech was neutral to dovish; why is this the case? Because he left a lot of blanks regarding his views on the US economy, which is a variable in his statements. In addition, yesterday Trump made favorable comments after Powell's speech, giving the green light for chip exports.

I believe that as long as Trump does not suddenly change his stance again, the probability of a rate cut in July is very high. In other words, from 24 hours ago until mid-July, the market will show a trend of fluctuating upward, which is a rare opportunity to go long this year.

After the rate cut in July, the market will start to pull back, which is also something I have emphasized multiple times: the third quarter of this year is very dangerous. The overall number of rate cuts this year will not be too many, possibly just once, and inflation may fluctuate by the end of the year. Therefore, this year is not a year of harvest; remember, next year is the year of abundant liquidity.