#加密市场反弹 , but there will be upcoming Federal Reserve meetings, and the key is still to see Powell's tone in his speech.

Now let’s talk about our situation, there are a few core data points:

First, the deficit rate is set at 4%. Previously, we mainly focused on 3, which is the first time in recent years that the deficit rate has been increased. To explain, this means the government is willing to take responsibility, indicating a readiness to inject liquidity.

Second, the inflation target is set at 2%. Previously, it was 3, but now the monthly CPI is around 0.x, making a target of 3 too far off.

This adjustment of the target is a positive sign, indicating that the higher-ups have recognized the issues and are confronting them. It’s a very significant positive.

Third, there will be the issuance of 1.3 trillion in special national bonds, which is slightly less than market expectations, but there’s a point worth noting: this time, 500 billion was issued to support large state-owned commercial banks in replenishing capital.

There are rumors that this will save the banks, and this wave has landed. The banks are making huge profits daily, so why issue bonds to them? Because while banks are profitable, they also bear the huge risk of real estate. Saving the real estate sector is too difficult, so it’s better to support the banks as a backup.