the fed's interest rate hike last week was in line with market expectations. But let's go further and think deeply, and see the essence through the phenomenon. Although the Fed raised interest rates, it indicated that it would continue to reinvest in expired institutional bonds and mortgage-backed securities. Continue to implement quantitative easing in essence. The US Commodity Futures Trading Commission (CFTC) said in its latest weekly report that fund managers, including hedge funds and other large speculators, increased their net long positions in US crude oil for the first time since the beginning of November, and began to show a trend of being biased. The hedge fund manager Chanos said that the emergence of new energy and electric vehicles will further reduce the demand for oil in the future and crude oil will continue to fall.