$ETH , but there is still the Federal Reserve meeting coming up, and the key will be to watch Powell's attitude in his speech.

Let's talk about our situation, there are several core data points:

First, the deficit rate is set at 4%. Previously, we primarily used 3, and this 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, that is, they are willing 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 distant.

This adjustment in the target is a positive sign, indicating that the higher-ups have recognized the problem and are facing it. It is a very positive development.

Third, issuing 1.3 trillion in special government bonds, which is slightly less than market expectations, but there is one point worth noting: this time, 500 billion was issued to support state-owned large commercial banks in replenishing capital.

There are rumors of rescuing the banks, and this has come to fruition. Why do banks, which make substantial profits every day, still need to issue bonds? Because while banks are profitable, they also bear the burden of the real estate crisis. Rescuing the real estate sector is too difficult, so it is better to support the banks as a backstop.