#LaunchTokensOnSquareToGrab$1,000 #XRPPriceUpdate 📉 Just now, the market is bleeding profusely!

Late at night, Wall Street is filled with wails.
The Dow plummeted 300 points, the Nasdaq crashed 1.6%, and AI star stocks collectively collapsed—AMD evaporated 7% in a day, Nvidia and Meta also followed suit.
And all of this was triggered by a single statement from a Federal Reserve official:

“No inflation data, I dare not cut interest rates again.”

—Chicago Fed President Goolsbee, amid the shadow of a government shutdown, said what the market least wanted to hear.

🛑 Rate cut dreams shattered, expectations reversed overnight
Just a few weeks ago, the market firmly believed a rate cut in December was “a sure thing,” with an 85% probability.
But when Powell spoke, expectations instantly collapsed to 68%.
Inside the Federal Reserve, rare divisions emerged: some advocated for a 50 basis point cut, others insisted on holding steady.
This is the third time since 1990 that we’ve seen a “hawk-dove” opposition scenario.

📊 Data vacuum, Fed “driving blind”
With the government shutdown, key economic data is missing.
The Fed has lost its “navigation system,” relying only on scattered private sector data to piece together the truth.
Goolsbee bluntly stated: “If inflation becomes a problem, it will take us a long time to realize it.”

🎬 “Big Short” Burry takes action, shorting AI stocks with $1 billion
Michael Burry, the real-life inspiration for the movie “The Big Short,” through his fund Scion Asset Management, bought put options on Nvidia and Palantir at the end of Q3, with a position worth over $1 billion.
This move seems to be saying: The AI myth, it’s time to wake up.

💥 Crisis spreads, crypto market bloodbath
After the US stock market crashed, the crypto market followed suit.
Bitcoin plunged over $4,000 in a single day, with 340,000 traders liquidated, totaling $1.278 billion.
$FIL and $XRP are all in the red.
No market is spared: Nikkei down 1.74%, KOSPI down 2.37%.

⚠ Wall Street giants issue warnings
Morgan Stanley CEO Ted, and Goldman Sachs CEO David Solomon, both issued warnings:
Tech stocks are “overvalued,” and a healthy correction of 10%-20% could occur.
Capital Group data shows only 6% of investors believe US stocks are “cheap” right now.

🌀 A “preemptive rate cut” triggers a trust crisis
The Fed’s 25 basis point rate cut in October was a “preemptive” move aimed at prolonging economic expansion.
Historically, similar cycles in 2019 saw US stocks rise about 20%.
But this time, the market is not buying it.
Why?
Because of “expectation gap”:
The market wants sustained easing, but Powell’s signals are “uncertain.”

🤔 Are we trading reality or illusion?
When data is scarce and policy divisions deepen,
When rate cuts turn from positive to negative,
When Goolsbee’s “unease” clashes with Burry’s $1 billion short,
Is this plunge a technical correction or the prelude to a bubble burst?
The answer may lie in every panic-selling order.

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