Now the whole internet is shouting that "Federal Reserve rate cuts = bull market is sure to come," but that old man Powell has already made it clear — the economic data he is watching does not support rate cuts, and whether the U.S. stock market crashes or not is none of his business; that's Wall Street digging its own grave, and the central bank won't act as a backstop.
However, more critical than this rate cut issue is the U.S. "Stablecoin Act"! Once implemented, companies will be able to directly use government bonds as collateral to issue coins, and even if government bond yields are terrible, they are still positive. The coins issued can run around the world as cash. This means bypassing the Federal Reserve and directly starting a money printing machine, flooding the market without needing to file a report. By then, the dollar system might be turned into a mess by these "corporate central banks"!
As for the market? I'm currently bearish down to 100,000, and if I really want to bottom fish, I have to wait for at least 84,000 and consider building positions in batches below 90,000. Of course, who knows what the market will do; for now, let's just sit tight and watch the show. After all, retail investors' money isn't really money; when the big players are playing with fire, it's best for us to stay away.
Are you stuck? When to bottom fish? It's still that saying, confused and helpless, not knowing what to do, just tap the avatar to comment. I need fans and you need references.
