"The Fed's rate cut is not Santa's gift bag, but a meat grinder for capital giants—while everyone is shouting 'the bull is back,' I smell blood in the on-chain data!"


Recently, the crypto community seems energized, with news of a September rate cut flying around, but Qing Yao has to pour cold water: this could very well be a 'sweet trap' set by the main force! As someone who digs through on-chain data every day, let me tell you three deadly illusions in plain language:

  1. "Dovish officials = rate cut pass"? Don't be fooled by Trump's pawns!
    The 'doves' that Powell brought in from Trump are like clerical staff in the fire brigade—looks like they're putting out fires, but when there's a real blaze, we have to rely on hard data. Just last week, Powell stated: "Service inflation is stickier than expected," which translates into plain truth: gas vehicles are burning like fireballs, who dares to turn off the water hose now? The horrific scene of BTC halving in a single day during the Taper panic of 2021 could happen again at any moment!

  2. "Is it safe when CPI drops to 3%?" What you see is just the tip of the iceberg!
    Now the media is hyping the CPI cooling, but the Fed is really focused on 'super core inflation.' This data is still bouncing at a high of 4.8%, just like a stripper who only takes off her bikini and declares 'it's safe'—before the Silicon Valley Bank crash in 2023, the market was just as naïve!

  3. "Strong employment data?" That's a party for the elderly!
    Currently, 70% of new jobs are coming from government and healthcare, while our crypto community's backbone—young people aged 18-34—have an unemployment rate that has skyrocketed to 7.9%. The funding rate is still in a positive premium, but leverage is secretly decreasing, clearly indicating that big players are setting up short positions in anticipation of policy reversals.


Want retail investors to survive? Remember these three phrases:

  • Cash is king: Keep 10-20% in stablecoins, when the USDT off-exchange premium exceeds 3%, it's definitely a sign of a looming crash.

  • Hedge for survival: Spot positions must be paired with quarterly contract shorts.

  • Concentrated chips: Only play with BTC/ETH and RWA tokens like ONDO that have real yields.


Let me say a hard truth: the Fed is saving the dollar's hegemony, not your altcoins! When the square dance aunties start discussing rate cuts and trading coins, it's time to buckle up. Before the scythe swings, wise people always hear the wind first!" Where do you think the bottom of this round of plunge is? Follow Qing Yao, break the information gap, and win at the starting line!#美国7月PPI年率高于预期