The decline in U prices is probably due to the upcoming interest rate cut in the US dollar. The expectation is that USD/U will fall, so funds flow out. This is consistent with the logic of Feng's previous subjective analysis: The speculative market also believes that the US dollar interest rate is about to fall, and the US dollar is now at its highest relative cost. Therefore, at the beginning of the interest rate cut, hot money will flow out of the speculative market to repay leverage. After several interest rate cuts, when the leverage cost is lower, funds will flow back into the speculative market. This is one of the reasons that can explain the "initial decline in U.S. stocks and crypto after the interest rate cut."

Okay, wait for the pit to come