$BTC , but next there is the Federal Reserve meeting, the key is still to see Powell's speech attitude.

Let's talk about our situation, there are several core data:

First, the deficit rate is set at 4%. Previously, we mainly targeted 3, which is the first time in recent years to raise the deficit rate. To explain, this means the government is willing to take responsibility, which means they are willing to inject liquidity.

Second, the inflation data is set at 2%. Previously it was 3, but now the monthly CPI is around 0.x, setting a target of 3 is too far-reaching.

This time the downward adjustment of the target is a positive sign, indicating that the higher-ups have seen the problem and are facing it squarely. It's a very significant positive.

Third, issuing 1.3 trillion in special government bonds, which is a bit less than the market expected, but there is a point worth noting: this time 500 billion was issued to support state-owned large commercial banks to replenish capital.

There are rumors about saving the banks, and this wave has landed. If banks are making such large profits every day, why do they still need to issue bonds to them? Because although banks are making money, they also bear the huge burden of real estate. Saving real estate is too difficult, so it’s better to support the banks as a backing.