Monday's homework was better written. At present, it is very similar to the expectation. The US stock market has recovered the range of decline on Friday, and now it is getting closer to the range of decline on Thursday. By the end of the hour before closing, the NASDAQ had risen more than 1.6%, the S&P had risen more than 1.2%, and the Dow Jones had risen nearly 1.2%. Investors' sentiment has changed from the pessimistic expectation on Friday. The main reason is that Trump has more cards in his hands. Moreover, the yield of US bonds is gradually declining, which is also the expectation of the market for the interest rate cut of the Federal Reserve. The 10-year US bonds have fallen below 4.2%, and the bond market is still optimistic. This idea is that from Friday's work, the biggest game is not the game between the Federal Reserve, inflation and unemployment, but the game between the radical brand of the Federal Reserve led by Trump and the conservatives of the Federal Reserve. The essential logic of the market has not changed. It is still the tariff and monetary policy, but the tariff has almost made progress, and the rest of Trump in India have directly threatened. With regard to monetary policy, the Trump faction has stimulated the market by changing people, giving the market a shot in the arm. At present, the biggest war is in the September meeting. Looking back at the data of Bitcoin, the turnover rate started to rise again on Monday, and short-term investors showed signs of significant reduction in holdings, especially those who suffered losses in the short term. It is estimated that they are worried that this rebound is temporary and may continue to be trapped, but it is not temporary. What I know is that the current game has not yet reached a winner. The support level is quite stable, and it has not even reached the first support level yet. Investors' emotions are also good. Of course, I am not sure if it can continue to rise, but from my understanding perspective, there is no systematic risk at the moment. Let's continue to observe. This article is sponsored by Bitget | @ Bitgetzh