The meeting last night had no highlights, maintaining the interest rate unchanged, and a rate cut is a matter for the second half of the year; discussing it now is unnecessary. Recently, the important issue is Trump's push for tariff policy. The U.S. and China will definitely not take that long. Tonight at 10 PM, Trump will announce significant trade content, and the market will return to being led by political and economic factors. So, the current situation in the cryptocurrency market is not much different from the U.S. stock market; it can only be influenced by Trump. If there’s good news, it rises; if there's bad news, it falls. The most challenging aspect of the current cryptocurrency market is that you cannot assess a project's ceiling with any value perspective; you don’t know what kind of project can have a breakout effect. Therefore, most funds have only chosen Bitcoin, which is the current state of the market.

BTC: Yesterday's closing was very strong. Normally, a rise driven by news would retrace, but this time it didn’t, which can only indicate that there are relatively more macro positive factors, allowing it to rise. A short-term breakout of the 97600 resistance level has not yet stabilized, and there will be news tonight.