$BTC , but next there will be a Federal Reserve meeting, and the key point is still to see Powell's attitude in his speech.

Next, let's talk about our core data:

First, the deficit rate is set at 4%. Previously, we focused on 3, marking the first increase in the deficit rate in recent years. To explain, this indicates that the government is willing to take responsibility, meaning they are willing to inject liquidity.

Second, the inflation target is set at 2%. Previously, it was 3, but now the monthly CPI is in the range of 0.x, making the 3 target too distant.

This adjustment of the target is a positive sign, indicating that the higher-ups have recognized the problem and are facing it. It is a very significant positive signal.

Third, there will be the issuance of 1.3 trillion in special national bonds, which is slightly less than the market expected. However, one point worth noting is that this time they issued 500 billion to support state-owned large commercial banks in replenishing their capital.

There are rumors of a bank bailout, and this wave has landed. Why do banks, which are making such large profits daily, still need to issue bonds? Because while banks are making money, they are also burdened by the huge risks in real estate. Saving the real estate sector is too difficult, so it's better to support banks as a backup.