Looking at the market, I didn't want to say anything. I have said it very clearly a few days ago. But seeing that many people are panicking and selling at a loss, I can't help but come up and say a few words. What is the reason for this decline? When did it start? At first, it was the compensation of Mentougou and the transfer of Bitcoin by the US government. These are actually easy to explain, because their coins will eventually run out, not to mention that the US government does not necessarily want to sell the transferred Bitcoin. Next, the Middle East started fighting again. This actually has no big impact. Everyone is used to it. The Middle East has not really been quiet for so many years. The real lethality is that the economic data released by the United States is not good, which is far beyond the market's expectations. The bad data makes everyone feel that they are going to enter a recession. What does recession mean? It means that everyone has no money, and they have to live a tight life, and they have no money to invest. This is also the reason for the decline of US stocks, but don't forget that this is only one month's data. The main reason is more of a temporary factor. The recession still needs more data verification. Even if the next data is still not good, The Fed will not sit idly by. They will take all possible measures to regulate. History has proved that they have many tools and they are effective. There is no need to be so pessimistic. Now the main force is just using the news to smash the market and make profits, and to clean up the unsteady chips. With the current low price of Bitcoin and Ethereum, there is definitely a need for a rebound in the short term. Going down is just an emotional catharsis. Students with bullets continue to buy the targets they are optimistic about. Those without bullets should also control their hands. Don't be carried away by emotions and sell at a loss. At least wait for a rebound before selling. That's all. Students, take care of yourself! #美国7月非农就业增长放缓 #美联储何时降息? #美国政府转移BTC