Now looking back at the understanding of Powell's speech on Friday, it is indeed that Powell is worried that the U.S. economy may experience a downturn. The market has also been temporarily immersed in expectations of increased rate cuts, but gradually realizes that a recession could be even more terrifying.

Today's BTC decline is a chain reaction following Friday, and the pre-market performance of U.S. stocks is not optimistic. Before the Jackson Hole annual meeting, there were concerns about a situation of both long and short explosions, and the result is still the same. Of course, even at this moment, I still believe that the main game in the U.S. has not changed. Trump would not want an economic recession, especially since a recession is likely to be triggered by high interest rates.

Therefore, Trump does not need to worry about inflation and should reduce interest rates at the Federal Reserve. This is also the main game in the market right now. I still believe that Trump has not played all his cards. For Trump, as long as there are rate cuts, large-scale rate cuts, many problems can continue to be postponed. #美联储降息预期 #币安Alpha上新 #ETH创历史新高 #国产概念币集体爆发 #比特币远古巨鲸持续出清 $BTC $ETH $XRP