At two in the morning, John stared at the red plummet on his phone screen—within half an hour, his leveraged position was liquidated, and his account balance was cut in half. He slumped in his chair, muttering: "Didn’t that guy just say 'no rate cuts for now'? How did the market blow up like this?"

**A domino effect ignited in one sentence**

The speech of that big shot from the Federal Reserve was like throwing a deep-water bomb into still water. He didn't really say anything new, just repeated the old tune: "Inflation is still high, and rate cuts depend on the situation," and as a result, the market collapsed directly:

Technology stocks led the plummet, with a certain electric vehicle giant and a certain chip leader evaporating enough market value in a single day to recreate a Wall Street investment bank; panic sentiment exploded, with the VIX fear index soaring to 23.8 within hours, and the market atmosphere shifted from frenzy to that of a startled bird; the situation in cryptocurrency was even more severe—$12 billion in leveraged positions were liquidated within 30 minutes, and those playing high-leverage contracts became the first wave of casualties.

What's even more surreal is that while investors are frantically cutting losses, they are raising the odds of a rate cut in December from 29% to 87%. Are these people panicking or betting that the central bank will compromise soon? The sentiment in the entire market has become outrageously divided.

**AI algorithms bet in the dark**

In this bloodbath, few people noticed what those global AI hedge funds were doing. They are not passively taking hits — these algorithms had already calculated that "the market would react allergic to that statement":

High-frequency trading orders accelerated the plummet, and the GAIB model had already... before the speech was released.