#以太坊行情解读 $BTC $ETH $DOGE How deep is the "watered down" US GDP growth?

The Q3 data immediately revealed flaws. The 4.3% growth rate looks impressive, but it's all based on the "annualized quarter-over-quarter" method—calculating three months' change as if it were a full year, which naturally makes it look more respectable. Moreover, this is just the initial estimate; the usual US approach is to release optimistic figures first, then revise them later to reveal the truth. Plus, with the government shutdown exceeding 40 days in Q4, can you expect the economy to perform miracles during that period? Labeling this as a "strong recovery" is somewhat insincere.

What's more ironic is the market reaction. As soon as the data was released, the US stock market declined—traders' logic is simple and crude: the stronger the economy, the less room the Federal Reserve has to cut interest rates. At this moment, Trump came out directly demanding: "Must cut rates significantly, no hesitation!" His reasoning sounds a bit absurd—if the economy is doing well, why cut rates? It’s to push growth even higher. As for inflation, that can be addressed later.

This line of reasoning may be ridiculous, but the market buys into it. The offshore RMB is approaching the 7.01 level, just a hair away from breaking 7. The RMB was above 6.9 last September, but then the US shifted to slowing rate cuts and restarting balance sheet reduction, which pushed the RMB back down. Now, the situation looks somewhat similar—once the 7.0 level is broken, the RMB’s depreciation trend might reverse, potentially shaking global asset allocations.

The current situation is: gold, silver, and copper prices are already sitting at historical highs; the cycle signals for Bitcoin and Ethereum are quietly strengthening. 2025 might just be the appetizer; the real show will start in 2026.

Ultimately, data can be deceptive, but trends never lie. On this table of abundant global liquidity, those who see the cards early are already taking action.