#XRPETF , but next there will be a Federal Reserve meeting, the key is still to see Powell's speech attitude.

Next, 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, marking the first increase in the deficit rate in recent years. 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%. Previously, it was 3, but now the monthly CPI is only a few tenths, making the goal of 3 too distant.

This adjustment of the target is a positive sign, indicating that the higher-ups have seen the problem and are facing it. This is a very significant positive.

Third, the issuance of 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' capital replenishment.

There are rumors of saving the banks, and this wave has landed. Why do banks, which are making large profits daily, still need to issue bonds? Because while banks are profitable, they also bear the huge risk of real estate. Saving the real estate sector is too challenging, so it's better to support the banks as a backup.