In two minutes, let's understand the impact of the big and beautiful bill on the crypto world! This old brother understands how to take action! The $3.3 trillion big and beautiful bill just narrowly passed in the Senate 51 to 50, relying completely on Vice President Harris's crucial vote! Now this hot potato is thrown to the House, and the Democrats are poised to oppose it; whether it can pass is still a mystery!
What does this mean for the crypto community? Let Old Zhao explain:
1. Short-term casino opening champagne? Dream on!
The bill's name is big and beautiful, but the public doesn't buy it: 49% of Americans oppose it, only 29% support it! Why? Economists criticize this as throwing money away; just because money is spent doesn't mean the economy will improve, and the national debt will definitely be larger! Amidst this wave of skepticism, even if the House pushes it through, market confidence will still be fragile! Can Bitcoin rely on the good news of money printing to surge? Not likely!
2. The Republican Party's hidden agenda: trading the money of the common people for votes!
Why is the Republican Party pushing so hard? To put it simply, they want to spend money to secure midterm election seats! But where does the money come from? Just keep printing! A devalued dollar = Bitcoin becomes more precious? The logic isn't wrong! But be careful, the expectation of money printing may have already been fully priced in since June; once all the good news is out, it becomes bad news!
3. The real bomb is in the House of Representatives!
The Democratic Party is sharpening its knives, and there are traitors within the Republican Party in the House! If the bill fails, Trump will be embarrassed to the extreme, and risk assets will definitely be bloodied! Even if it passes, the inflation panic triggered by $3 trillion could force the Federal Reserve to continue raising interest rates; the blade of interest rate hikes is much sharper than Trump's!
4. Crypto operation guide: Buckle up!
Don't believe the hype: Bill approval ≠ Bitcoin surge! Beware of major players unloading based on good news!
Keep a close eye on two key points: House voting results + Federal Reserve's statements; if inflation explodes, interest rates must rise!
Life-saving mantra:
Before the House vote: Hold spot positions steady, don't play with contracts.
If it doesn't pass: immediately reduce positions, cash is king.
The Federal Reserve takes a hawkish stance: Gold and Bitcoin could both be collateral damage; running fast is key!
When $3 trillion becomes a political gamble, your positions are the chips on the gambling table! Don't want to be a pawn? Follow me! I, Old Zhao, will help you get ahead and create an information gap with others!#大而美法案
$BTC $ETH
