[Xiaoyao Research Society] Although the performance of the pie has been weak in the past two months, from 29,000 to 26,000 now, it took a month to recover by 3,000 knives. Yesterday, the SEC sanctioned BN and CZ, and today the SEC sued CB. The industry-wide policy negatives have basically been released. However, tonight the market plunged and then came back, indicating that it will be more difficult for the market to hit a new low tonight. Regarding the market outlook, the U.S. dollar interest rate hike cycle is basically over, and current interest rates may be higher than they actually are. There are still market expectations for the Federal Reserve to cut interest rates in the second half of the year. In other words, all the bad news that should have been taken out has been exhausted. Maybe it is done now. Darkest hour. Every step forward is towards the light.
