9.17 Macro Market Analysis Morning, brothers! Yesterday’s market pullback scared off quite a few people, but today it’s bouncing back. Investing is full of uncertainties—if you lack understanding and can’t see the direction clearly, you’ll get lost in the details and so-called technical analysis. The current market situation is actually pretty clear: (1) From a big-picture perspective, the U.S. fiscal deficit is growing, and U.S. debt is no longer attractive. (2) In the long term, the global broad money supply is surging, which means fiat currencies will continue to depreciate. (3) In the mid-term, the Fed is entering a rate-cutting cycle, with two rate cuts this year. So, what’s the point of worrying about a 2-point drop today and a 3-point rise tomorrow? If you’re holding valuable coins for the long term, living steadily, and working seriously, that’s the way to go. Low-leverage trend contracts. Yesterday, a new wallet bought 5,817 BTC, worth about $678 million—roughly 4 billion RMB. The cost was around $110,000 per coin. This year, many big players have entered the market, and their cost basis is essentially the current price. So, in this new cycle, BTC hasn’t even started its real rally yet. On-chain data shows stablecoins are flowing into exchanges. This bull run will likely last until around December. Some brothers are worried about UNI dropping—just hold onto it. Once it’s cleaned out, it’ll definitely bounce back. That’s investing; it’s impossible to see gains every single day. This analysis is just friendly advice. Adults need to take responsibility for their own decisions. Investing carries risks—use spare money and think independently before making judgments!