「BTC OG Insider Whale」 Agent: Single Catalyst Insufficient to Break Market, Credit, Fed, Geopolitical Resonance Needed to Trigger Inflection Point

BlockBeats News, May 28th, "BTC OG Whale Insider" agent Garrett Jin released the "Weekly Market Signal Strategy," stating that geopolitics and the U.S. Dollar are still deadlocked: The situation in the Strait of Hormuz remains unresolved after the U.S. targeted Iran. Although U.S. Secretary of State Pompeo mentioned "good news," the White House denied Iran's draft peace agreement. The U.S. 10-year Treasury yield continues to hover near a 19-year high of 5.07–5.18%, and while the S&P 500 briefly hit a new high, it quickly retreated. Garrett Jin believes that a single catalyst is unlikely to break the market, as a true inflection point would require the combination of at least two out of the three factors: credit, the Fed, and geopolitics.

Furthermore, AI capital expenditure is rapidly spreading from the U.S. to Asia. ByteDance's capital expenditure is set to soar to a record high of $70 billion this year, while Tencent and Alibaba are also ramping up their spending simultaneously. The AI competition has escalated into a sovereignty issue.