Today's panic index is 74, still in a state of greed.

Today's rise is mainly due to market expectations that the U.S. House of Representatives will pass the three previously rejected major cryptocurrency bills, which were ultimately re-voted and approved for discussion in the early morning. Last night, there were reports that Trump was preparing to dismiss Powell, and although Trump denied it shortly thereafter, it caused a temporary dip in U.S. stocks and a sell-off of U.S. long-term bonds. In fact, Trump currently has no way to directly fire Powell, so this news was clearly released to test market reactions. If Powell steps down for some reason in the near future, the market reaction will be similar to last night's state.

Ethereum has started to strengthen, cherish the quality assets in hand. Bitcoin at 150,000, Ethereum at 5,000 is the minimum target.