#美国加密周 , but next there will be a Federal Reserve meeting, and the key will still depend on Powell's attitude in his speech.

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

First, the deficit rate is set at 4%. Previously, we primarily focused on 3, making this the first time in recent years to raise the deficit rate. Just to clarify, this means the government is willing to take responsibility, indicating a willingness to inject liquidity.

Second, the inflation target is set at 2%. In the past, it was always 3, but now the monthly CPI is only around 0.x, making the target of 3 too distant.

This adjustment of the target is a positive sign, indicating that the higher-ups have recognized the problems and are facing them. This is a very significant positive.

Third, issuing 1.3 trillion in special national 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 their capital.

There are rumors about rescuing the banks, and this has materialized. Why do banks need to issue bonds despite their large daily profits? Because although banks are making money, they also bear the huge risk associated with real estate. Rescuing real estate is too challenging, so it is better to safeguard the banks as a backup.