Moody's downgrade this time is actually more symbolic in form than substance, refocusing the market on the long-term unsustainability of the US fiscal system. However, from the perspective of market reactions, the marginal impact of such credit events is decreasing. On the one hand, this is because downgrades are not the "first time", and on the other hand, it is also because the market demand for US bonds remains rigid in the short term, and US bonds are still the anchor of safe haven assets. I agree with the old man's point of view that the impact on the market may be limited for the time being, but it is another stone that has been put into the "sand pile" - when the critical point of gravity arrives, collapse will not lack it. Does it make me think of another 'Black Monday'? Especially when it comes to weekend low liquidity, if Monday's futures opening is not good and the sentiment is slightly higher, then the support for BTC such as 101500, 100700, and 99000 mentioned earlier during the low liquidity period may not have much significance temporarily. As I mentioned in my previous tweet, whether it's short-term short or medium-term short, it seems to be moving in this direction now? https://(x.com)/DL_W59/status/1923303442065592818 Let's first look at the time zone situation in the United States over the weekend, especially whether it's a good or bad event