The FED pumped an additional $13.5B into the banking system last night through a Repo acquisition.

This is the second largest liquidity pump since Covid-19, even surpassing the peak of the Dot Com bubble.

Although there is a strong liquidity pump into the market, the grape community is speculating that some big player is very cash-strapped in the short term, forcing them to seek help from the FED.

On the other hand, some positively believe that this money pump will make the market more manageable, especially during the period of bond pressure and increased cash demand at the end of the year.

I don't know which viewpoint is correct. Macroeconomic analysis is too difficult. But with Crypto, perhaps it doesn't follow any viewpoint at all 😂