#美联储降息
The Federal Reserve cut interest rates by 25 basis points, and additionally, there was an unexpected expansion of the balance sheet; the Federal Reserve announced that it will begin purchasing Treasury bills starting December 12, with plans to buy $40 billion over the next 30 days. This is known as balance sheet expansion, meaning the central bank is buying government bonds. It is important to note that the central bank has the ability to print money, equivalent to having unlimited ammunition; this is clearly a significant benefit for global liquidity; however, today BTC is clearly 'not strong when it should be';
In economic discussions, last year the emphasis was on 'insufficient domestic demand', while this year the focus has shifted to the 'prominent contradiction between strong supply and weak demand', increasing the discourse on the supply side, and addressing supply-side issues hinges on 'anti-involution'; thus, the logic of anti-involution is a very important logic; $BTC
