Is there still a cow? I will only say three points: Firstly, I think the biggest reason at present is the lack of expectations. Any investment trading market needs something called expectations. Currently, the Federal Reserve is not releasing water, and the market has no expectations. So, it depends on whether Trump overturns Powell first or whether the US economy cannot hold on and forces Powell to release water.                 Secondly, if the big cake falls to the beginning of the seven characters, is it considered a bear market or is it a bargain hunt? From a timeline perspective, if it falls to the 7.3 level before the US announced its easing, it is actually possible to buy at the bottom. Although it may have already fallen below the MA200 antenna level of 8.1, if it still falls to the 7.3 level after the Federal Reserve announced its interest rate cut, it can be considered that the bull market has gone and the market may turn bearish.             Thirdly, there is talk of a major economic collapse in the United States. I don't think such a large-scale macro event is likely to happen in the short term, because in yesterday's program, experts said that it will only reach this singularity when the US debt reaches 50 trillion yuan, and currently at 35 trillion yuan, there is still some time. Based on the current progress, I estimate that it will have to be next year, although there is an exponential growth trend. Another thing is that if the US economy collapses, the global economy will also collapse, so whatever you buy will be the same. BTC PI