I reorganized Walsh's speech in my mind. Overall, although the Federal Reserve's dot matrix has given up hope of a rate cut in 2026, it is bearish for the market. After all, the dot matrix showed a rate cut in March, and after three months, there is no hope of a rate cut. However, this is also expected, as two months of inflation data show that inflation is rising. Relatively speaking, Walsh stated that there is no discussion of raising interest rates within the Federal Reserve, which is also a short-term positive for the market. After all, many analysts believe that not only will there be no interest rate cut in 2026, but there will also be an interest rate hike. However, Walsh's words have basically dispelled the possibility of a short-term interest rate hike, and the market's expectation of a rate hike has been moved to after September. In addition, Walsh also stated that there is a certain relationship between current inflation and geopolitical conflicts, but there was no in-depth discussion. Overall, Walsh did not provide very useful information this time, mainly on how to restructure the Federal Reserve and establish a new group. The only clear thing is that interest rate hikes have not been considered yet. In addition, Walsh hopes that the Federal Reserve will abandon forward guidance in the future and provide less data. At the meeting, Trump and Iran also made some statements. First, Trump believed that Iran's memorandum of understanding had been finalized and would be signed within 48 hours. Iran, on the other hand, has stated that it will work with Oman to develop a mechanism for the Strait of Hormuz and that the two countries will exchange views with other countries if necessary. The general meaning is that I want to charge a fee, and it means that the free pass is only available within the first 60 days of opening. This is another slap on Trump's face. After all, Trump said that it would be free forever, but the price of WTI is still stable at around 75 dollars, which means that the market is not too surprised by Holmuz's charges. After all, if the charges are not too high, it is much better than the blocked Holmuz. During the interest rate meeting, the US stock market and Bitcoin: native continued to decline, mainly due to the poor information provided by Walsh. Although there is no expectation of interest rate hikes in the short term, Walsh hopes that the Federal Reserve will have less foresight in the future, such as a dot matrix chart, which will cause the market to lose guidance. This will have to wait for the market to repair itself. Currently, the focus has returned to the official signing of the US and Iran on Saturday, hoping to boost market sentiment again. In addition, I would like to know Trump's comments on Walsh's debut. Bitget is here, VIP! Crypto、 US shares CFD， Global Advantage One Stop Layout