$ETH , but next there will be a Federal Reserve meeting, and the key is still to see 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 focused on 3, and this is the first time in recent years that the deficit rate has been raised. To explain, this means the government is willing to take responsibility, which means they are willing to inject liquidity.

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

This time, lowering the target is a positive sign, indicating that the higher-ups have recognized the problem and are facing it. This is a very significant positive development.

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

There are rumors that banks will be saved, and this wave has landed. Why do banks, which are making such large profits every day, still need to issue bonds? Because while banks are making money, they also bear the huge burden of real estate. Rescuing the real estate sector is too difficult, so it is better to support the banks as a backup.