$ETH The US has raised interest rates for more than two years. It originally intended to detonate the world and reap the benefits through this move, but unexpectedly, countries around the world are accelerating the process of de-dollarization, causing the US itself to be bitten back by long-term high interest rates.
Now, the Federal Reserve holds a huge amount of US dollar reserves, but because it cannot effectively reap other countries, these dollars have become "waste paper" to some extent.
In order to convert these "waste paper dollars" into capital, the Federal Reserve can only adopt the strategy of expanding the balance sheet and lowering interest rates to allow the US dollars in its hands to flow into the capital market, such as the stock market, futures market, gold and silver, oil, blockchain, and currency circles.
At present, all parties are exercising restraint to see who can hold on to the end.
It is expected that in the second half of this year, the Federal Reserve will have to start cutting interest rates, and once the interest rate cut cycle starts, it may continue.
So now everyone is exercising restraint, and we who play coins should do the same.
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