$ETH , but next there is still the Federal Reserve meeting, the key is still to see Powell's speech attitude.

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

First is the deficit rate set at 4%. Previously, we were mainly at 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, that is, they are willing to inject liquidity.

Second is the inflation data set at 2%. It used to be 3, but now the monthly CPI is around 0.x, setting a target of 3 is too distant.

This time the target adjustment is a good sign, indicating that the upper management has seen the problems and is facing them. A very significant positive sign.

Third is the issuance of 1.3 trillion 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 large state-owned commercial banks in replenishing capital.

There are rumors about saving the banks, and this wave has landed. With banks making so much profit every day, why do they still need to issue bonds to them? Because although banks are making money, they also bear the huge risk of real estate. Rescuing real estate is too difficult, so it is better to maintain the banks as a support.