#加密市场观察 The short-term market will focus on two key variables: first, whether the capital flow of Bitcoin ETF can shift from net outflow to net inflow; second, whether Federal Reserve Chair Powell's policy statements signal a dovish stance. In terms of operations, the short-term approach should mainly be range-bound oscillation, with medium-term waiting for trend confirmation. Avoid blindly bottom-fishing or chasing highs, with risk control as the core principle.
In the medium to long term, the crypto market is entering a new phase of “institution-led, structural differentiation,” with the va