Looking at this market situation, I didn't want to say anything originally. What should be said has been made very clear in the past few days. But seeing many people panicking and cutting their positions, I still can't help but come up and nag a few words. What caused this decline? When did it start? At first, it was the compensation of Mt. Gox and the transfer of Bitcoin by the US government. Actually, these are okay because their coins will eventually be sold out one day. Not to mention that the transfer of Bitcoin by the US government may not necessarily be for sale. Next, there was another conflict in the Middle East. This actually didn't have much impact. Everyone is already used to it. The Middle East has never really been truly peaceful over the years. What was really damaging was the poor economic data released by the United States, which was far beyond the market's expectations. The bad data made everyone think that a recession is coming. What does a recession mean? It means that everyone has no money and has to live a tight life, and there is no money for investment. This is also the reason for the decline in US stocks. But don't forget, this is only one month's data. The main cause is more influenced by temporary factors. A recession requires more data verification. Even if the following data is still not good, the Federal Reserve will not stand idly by. They will take all possible measures to regulate. History has proved that they have many and effective tools. There is no need for everyone to be so pessimistic. Now, the main force is just using the news to smash the market and make profits, and by the way, clean out the unstable chips. At the current price of Bitcoin at 58,000 and Ether at more than 2,600, there is definitely a demand for a rebound in the short term. Going further down is just an emotional vent. Students who have funds continue to buy the targets they are optimistic about. Those who have no funds must also control their hands and never be carried away by emotions to sell at a loss. #PHRYGES #美联储何时降息？ $ETH $SOL