#SoftStaking The current cryptocurrency market presents a complex and volatile situation. Bitcoin, as the industry leader, has seen its price strongly break through, hitting a historical high due to continuous inflow of institutional funds and favorable ETF developments. Its scarcity and safe-haven attributes have become increasingly prominent, attracting a large number of investors. Influenced by the passage of a series of cryptocurrency bills in the United States, market sentiment has surged, leading to significant increases in alternative coins such as Ripple and Ethereum. However, the cryptocurrency market is highly susceptible to changes in policy, macroeconomic factors, and investor sentiment. Recently, setbacks faced by certain bills in the House of Representatives have caused a market pullback, resulting in price declines for multiple currencies. Moving forward, close attention must be paid to the trends in regulatory policies across countries and the dynamics of institutional funds. The market remains filled with uncertainty, and investment should be approached with caution.