#数字货币市场调整 On Monday, I woke up and took a look at the market data, and the market sentiment is really quite cold. The Fear and Greed Index has plummeted to 18, firmly in the extreme fear zone. However, from another perspective, Arthur Hayes recently cleared a wave of positions in just one day, cashing out approximately $2.45 million across various tokens. Such actions from large holders definitely tend to skew market rhythms. There are indeed a few interesting voices. Tom Lee from Bitmine has come out to say that the recent sell-off triggered by market maker risks is just a short-term pain, and that the super cycle logic of ETH has not changed. The president of Metaplanet is also responding to doubts, emphasizing that they are not the same as ETFs—ETFs are static holdings, while they will continuously increase their BTC positions, which has completely different long-term advantages. There are two messages at the policy level worth paying attention to. The Federal Reserve is set to release the minutes of its meeting this week, but officials have recently been dousing expectations for interest rate cuts with cold water. Coupled with lackluster economic data, the market is becoming increasingly unclear about the direction of interest rates. On the Japanese side, there is more significant movement; the Financial Services Agency plans to reclassify 105 mainstream crypto assets as "financial products," with the tax rate potentially dropping from a maximum of 55% to 20%. If this really makes it into the 2026 budget proposal, it would be a substantial benefit for investors. By the way, Michael Saylor has released information about the Bitcoin Tracker again. According to past patterns, MicroStrategy is likely to announce a plan to increase its holdings. Vida, the founder of the Equation, is quite optimistic, saying to take advantage of the panic to buy BTC, believing that we are currently at a key support level and that there is a chance for the market to recover in the coming months. The market may be cold, but the news that needs to come will still come.

#美国终止政府关闭 After a brief calm in the market over the weekend, the market faced pressure again last night. The longs near 94000 attempted to counterattack to the 95500 line but quickly fizzled out, with insufficient strength. In the current situation, identifying the trend direction is more crucial than blindly buying the dip. From a technical perspective, the bears have established a clear advantage. Observing from a 4-hour level, the price shows a continuous downward trend, and the short-term structure is relatively weak, with no effective signs of a rebound yet. In this one-sided pattern, following the main trend has a higher win rate, and there is no need to force a bet on a reversal. Pay attention to the pressure test in the 95400-96000 area during the morning session. If there is a rebound to this range, consider positioning short positions in line with the trend, with target zones looking towards around 93500 and 92000 below. It is essential to strictly set stop-loss levels to avoid chasing highs and selling lows; risk management is always the top priority. The market gives signals, and we act accordingly. $BTC

The power of early layout has been validated again! This round of short order operations has already reaped a profit of 16250U. Although there has been a brief rebound in the market, from a technical perspective and market sentiment, it is highly likely that it will continue to weaken. The overall trend remains bearish, and it is not yet time to go long. Continue to hold short order strategically, waiting for further downside space. The market's weak pattern has not fundamentally changed; patience in holding positions is key. #美国终止政府关闭 $BTC $GT