Trump is back... No! To! Copy! Bottom!

The most realistic reaction in the market now is that the probability of not lowering interest rates in March exceeds 90%. His rhetoric is like throwing stones into a pool; it can splash some water, but how deep and wide the pool is still depends on the actual water level of the Federal Reserve.

Trump is managing expectations, trying to stir the waters to catch fish. However, the market has long stopped buying into this; the dominance of the market is shifting from the screams of retail investors to the silent orders of institutions.

The fundamental issue is that Powell's framework of "data-based" has returned. The president can make strong statements, but if he doesn't bring out funds to stir up emotions, it's useless. The pricing power of the big coin is becoming more immune to the rhetoric of a single individual.

It’s not about what he says that leads to action; since he took the stage, advocating for interest rate cuts, how much has the crypto market dropped? How many people have been trapped halfway up the mountain because of him?

What we need to focus on now is the probability of interest rate cuts in June and the real movements of institutions. Rhetoric does not bring liquidity; real money will draw the K-line. #特朗普称坚定支持加密货币