On Monday, the market was in a good mood. Although the market was worried that Trump's tariffs would be deemed illegal by the Supreme Court, it was pessimistic. After all, Trump's greatest effort since taking office is tariffs. Once tariffs are illegal, it is likely to shake Trump's vote and increase social instability. But from the perspective of the risk market, abolishing tariffs is a good thing, reducing the possibility of stubborn inflation, reducing the price of imported goods, and even possibly increasing the GDP of the United States. So in my personal opinion, although tariffs may shake Trump's position, they are good for the U.S. economy. Of course, if Trump loses the lawsuit, it is likely to launch other bills to maintain tariffs, which will have a greater impact on the economy. I wrote in my weekly report last week, and interested partners can see it. Other than that, it's almost all good news. Hassett has changed his previous statement that interest rate cuts can be done slowly, and believes that the Federal Reserve should still cut interest rates as soon as possible. Although later rate cuts rely on data, it still indicates that rapid rate cuts can alleviate the economic problems of the United States. In addition, China and the United States have entered a "honeymoon period". The United States has opened up Nvidia H200 chips to China, while China has promised to purchase more American soybeans. Overall, the macro market sentiment is still acceptable, at least not too pessimistic. The rest depends on the interest rate meeting on Thursday morning. Looking back at the data of Bitcoin, the turnover rate has significantly increased since Monday. Recently, the sentiment of short-term investors has been unstable, with high turnover rates, which has also limited the rise of BTC prices. The frequent turnover of short-term investors is mainly due to pessimistic expectations for future generations, but the sentiment of earlier investors is still stable. The chip structure is still relatively safe now, with no signs of significant collapse among loss making investors. The focus of this week is still on the Federal Reserve's interest rate meeting. Although Powell's influence may be weakened by Hassett, the dot matrix still represents the views of Federal Reserve officials and will have a significant impact on sentiment. Bitget VIP， Lower rates and more generous benefits