#美联储政策与降息 Semi-Mu Xia's analysis this time still has some substance. The AI bubble and concerns about Japanese rate hikes are almost fully digested by the market. The Federal Reserve's balance sheet expansion and liquidity are also improving, which indeed gives risk assets a breather. The non-farm payroll data was lukewarm but instead opened up room for rate cuts, which is a positive signal for Bitcoin and the stock market.

The key point is that his statement struck a chord with me: the next 1-2 months might be the most worthwhile time to get in for the medium term. Every market correction is met with someone shouting "this time is different," but in reality, it's just cyclical AI anxiety recurring, and each pullback is an opportunity to buy low.

That said, this kind of "best buy" judgment appears in every cycle—just listen and don't treat it as gospel. The real way to make money is to grasp those key time windows yourself. Currently, improved liquidity is a good backdrop, but how to operate specifically still depends on individual risk tolerance. Anyway, market sentiment has indeed warmed up, and there may be quite a show to come.