#降息预期 Seeing the news that labor cost growth has hit a four-year low, I have a few heartfelt words to say.

On the surface, easing inflation pressures and the possibility of the Federal Reserve cutting interest rates sound like positive signals. But the problem is—I’ve experienced too many "positive trap" scenarios over the years. Every time a rate cut expectation emerges, the crypto world begins a new FOMO wave, with a large influx of newcomers, and you know what happens next.

Carefully analyze the logic behind this data: slowing labor costs are not necessarily good; they indicate that the job market is cooling down. Layoffs have risen to their highest level in 2023, and resignation rates have fallen to their lowest since 2020—what does this mean? The economy is on the brink of recession, and workers are feeling the pressure. Salary adjustments for young employees are an early sign of "stagflation," not economic recovery.

The key point is that hype around rate cut expectations often easily becomes a "bait" for market manipulators to harvest profits. Historically, every such moment has seen a wave of projects rushing to raise funds and tokens skyrocketing, only to be followed by one scam after another. I’ve seen too many scripts where "rate cut benefits" all end up zero.

My straightforward advice: don’t be blinded by rate cut expectations. At this point, you should actually be more cautious. Carefully review your asset composition to confirm whether there is real fundamental support, rather than just chasing expectations. Wait until the rumors pass and the market truly stabilizes before taking action—living longer is more valuable than making quick money.