$BTC , but there will be a Federal Reserve meeting next, and the key is still to look at 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 had 3, and this is the first time in recent years that the deficit rate has been raised. 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 point something, so setting a target of 3 is too far off.

This adjustment of the target is a positive signal, indicating that the higher-ups have seen the problems and are facing them. This is a very big positive sign.

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

There are rumors about rescuing banks, and this wave has landed. Why do banks need to issue bonds even though they make such large profits every day? Because while banks are profitable, they also bear the major burden of real estate. Rescuing real estate is too difficult, so it is better to support banks as a backup.