Just saw Walsh's speech, and Jing Yue breaks it down thoroughly for everyone.

First, the short-term positive: recent inflation risks have clearly declined, and the market's previous frenzy about resuming rate hikes has directly cooled down. The market will see a relief rally, and short-term traders can capture small rebound moves.

But don't let the brief rebound cloud your judgment. The core bearish bottom line remains: the Fed is firmly sticking to its 2% inflation target, the rate cut channel will not open in the short term, and the easing cycle remains far off.

Looking at the overall market, the bearish trend has not reversed at all. This rebound is merely a corrective move within a downtrend. When prices hit resistance during the rally, it's an excellent shorting opportunity. Remember not to heavily buy the bottom in hopes of a reversal, as you could easily get trapped halfway down. #Sharplink增持1万枚ETH #BTC $BTC