Good morning!

Today's panic index is 55, still in a neutral state.

The data is neither good nor bad, and the market is quiet. In such low-volatility conditions, James can still blow up his account, which can be considered a reverse case study. Everyone should try to avoid and be cautious with HeYue.

As for the market, if Friday's non-farm payroll data performs steadily, it will further strengthen expectations for the Federal Reserve to maintain interest rates. Lacking clear catalysts, BTC will continue to maintain a range-bound oscillation pattern in the short term.

On the bright side, there is a flood of major institutions accelerating their entry into BTC, which indeed brings a continuous buying power. Once this wave of profit-taking is exhausted, a surge is inevitable. Additionally, some institutions are also starting to push into Ethereum, which is a good change. Hold onto your assets well.