Current Market Key Signals
1. On-chain Data: BTC is still flowing out, no net inflow of ETF funds yesterday, may enter consolidation in the short term.
2. Altcoin Risks: Insufficient inflow of stablecoins to exchanges, Meme coins experiencing extreme volatility (e.g., MUBARAK +90% → -30%), specifically targeting latecomers.
3. Macroeconomic Positives Awaiting:
More states in the U.S. passing BTC strategic reserves
New developments in U.S.-China tariff negotiations, Japan-South Korea and China may bring the next positives
Details of BTC reserves of the Federal Reserve and U.S. central government exposed
