The yield on the 10-year U.S. Treasury bond fell to a one-week low of 4.215%, while the 2-year bond also slid to 3.664%.

The signal from the bond market is too obvious, with inflation data cooling down, the probability of the Fed cutting rates in September soared to 96%, and Bitcoin hitting a new high of $123k is riding this wave.

Echoing Trump's remarks about lowering rates to 1%, the market is betting on a flood of loose monetary policy.

I see this will continue to push up risk assets; ETH and BTC should not stop. Retail investors should pay more attention to the Fed meetings and not be fooled by short-term pullbacks.

In the coming weeks, crypto may continue to soar, so prepare your positions.