Matrixport: The US economy shows resilience, favourable information for Bitcoin and risk assets.

On September 19, Matrixport released a market outlook stating that "the US economy continues to show resilience, benefiting from the tightening of credit spreads, which has lowered refinancing costs and buffered the impact of tariffs. The loose financing environment, combined with companies enhancing efficiency through the application of artificial intelligence, has laid a solid foundation for risk assets. Historically, the tightening of credit spreads has often coincided with strong performance in stocks and Bitcoin, reinforcing the judgment that this round of the market is likely to continue. The main risk of the current trend lies in inflation. Although still above the target, Matrixport's model predicts that inflation will drop below 2.0% in the coming quarters, thereby pushing the Fed into a longer period of easing. This contrasts with the general market expectation—consensus believes that fiscal injection and deglobalization will maintain high inflation. However, considering the decline in energy and housing costs, the likelihood of inflation consistently exceeding 3.0% remains low. While the core driving factors for Bitcoin's next phase have yet to appear, a new rising trend has already begun to form."