Following Trump's rare visit to the Federal Reserve last Thursday, he reiterated yesterday that the Federal Reserve (must) cut interest rates.

The initiation of the tariff war has undoubtedly significantly raised the prices of goods, especially imported goods, and the higher prices can ultimately only be borne by consumers. If inflation does not decrease, blindly cutting interest rates could lead to a spiraling increase in wages and prices, similar to the 'wage-price spiral' of the 1970s, which ultimately leads to uncontrollable inflation expectations.

Yesterday, I publicly exited my long position with a small loss, but after adding to my long positions, I still hold them. The current average price is around 118200.

BTC trading suggestion: go long at 117800-118000 with a stop at 800 points, targeting a breakthrough at 119450, looking at 120600-121800$BTC #巨鲸动向 .