This Monday, market sentiment clearly warmed up, with the three major U.S. stock indices rising sharply, essentially recovering last Friday's losses. This was mainly benefited by Trump's increased influence on the Federal Reserve's personnel layout, with the market betting that his policy proposals will drive interest rate cuts. U.S. Treasury yields fell in tandem, with the 10-year U.S. Treasury yield breaking below 4.2%, reflecting the market's optimistic expectations for future monetary easing.
In the $BTC market, the short-term turnover rate rose on Monday, with some short-term loss investors choosing to exit, but overall support remains steady, and the key support level has not yet been reached. From a structural perspective, the market has not shown systemic risk yet, and the short-term direction still needs to be observed based on the policy implementation from the September interest rate meeting.
