At the end of the first quarter, the emotional investors who had high contract leverage and pre-emptive all-in fell. In the second quarter, the short-term speculators and investors with low leverage (including borrowing pressure) fell. In the third quarter, the investors who really couldn't hold on due to special circumstances such as family or life fell. They wanted to hold on in their hearts, but the objective conditions did not allow it. Those who can hold on to the end of the third quarter and the beginning of the fourth quarter this year are already among the best, proving that their mentality is relatively stable, their funds are relatively clean and sufficient, and they can do long-term and resist long-term pressure. No matter what the situation is, these people can adjust themselves at any time in the end, mobilize off-site funds at critical moments, have strong willpower, complete financial level, conform to the survival logic of natural selection, and have the ultimate ability to cross the cycle to survive, which in itself proves that you are extraordinary and strong enough, and the medal of wealth in the end is just an extra reward for you in this game.
The US August CPI was released on Wednesday this week. The CPI fell from 2.9 last month to 2.5 year-on-year, lower than the market expectation of 2.6, and the core CPI of 3.2 was also in line with expectations. These data are not unexpectedly positive, indicating that the US inflation has smoothly dropped from nearly 3% to 2.5. Then this 2.5 figure is very critical, because it is only one step away from the US inflation policy target of 2%. At the last meeting of the Federal Reserve, Powell personally admitted that the Federal Reserve can cut interest rates without falling to 2%. Then 2.5 is exactly between 3% and 2%, giving the Federal Reserve the best window for cutting interest rates. From now until September 18, all important economic data have been released. We will wait for the interest rate cut on September 18. There is basically no suspense about the 25 basis point interest rate cut.
With the arrival of interest rate cuts, market sentiment may change. The biggest problem in the market now is the concern about a US economic recession, but for now, there may not be a recession. Judging from the data released so far, the US economy is still very resilient, and even if there is a recession, it is unlikely to happen this year. Of course, there is also uncertainty, which is the trend of US stocks, because many people predict that US stocks will fall back, and this may be our biggest uncertainty.
Also on Wednesday, the first televised debate between Trump and Harris ended. It was very interesting. Facing Biden's withdrawal from the election, Trump will face a round-robin battle. Obviously, Harris did her homework. Her support rate began to rise after the debate. American actress Taylor Swift also announced her support for Harris. This is not good for Trump. As a social media fan with 426 million fans, Taylor Swift's influence is naturally needless to say.
Therefore, the impact of the future election on the market is an uncertain factor. Market sentiment can be driven at any time, and a large part of the cryptocurrency circle relies on market sentiment speculation. Now the market also predicts that if Trump is elected, the price of Bitcoin will be pushed to 90,000 US dollars in the fourth quarter. This prediction is worth looking forward to.
$PEPE $SOL $BTC #新币挖矿CATI #新币挖矿HMSTR #灰度将推出首个美国XRP信托 #美降息25个基点预期升温 #FTX赎回Solana 
