Since yesterday afternoon, oil prices, U.S. Treasury yields, and the dollar index have rebounded, while U.S. stocks, Bitcoin ($BTC), and gold have dropped. The probability of a rate hike in October and the chances of future hikes are both rising. It feels like all the recent good news—rate hike decisions and high-level visits—has already been priced in. But honestly, if we set aside ultra-short-term fluctuations, the market rhythm now isn’t any different from last month. It’s still the same pattern: big gains lead to pullbacks, and big drops lead to rebounds. Don’t be too alarmed by the October rate hike probability briefly breaking 70%. It’s still highly unlikely to happen. There are 34 days left until the next FOMC meeting, which is plenty of time for two major market swings. If the rate hike speculation starts to cool off until mid-October, there will still be two weeks left to bring it back up again. Enjoy the bubbles and volatility—no need to scare yourself with overthinking. The main event of the U.S.-China talks is tonight. As I mentioned yesterday, don’t expect too many surprises, but some easing in the Middle East situation should be within reason. @BITstocks_CN Buy U.S. stocks on BIT—10,000+ U.S. stocks and ETFs, real holdings, and enjoy dividend payouts.