In 2023, the cryptocurrency market presents a complex situation. Recently, the overall market has been bearish, with Bitcoin dropping below $82,000, and large holders intensifying their selling, increasing market volatility[^0^]. However, institutional adoption continues to rise, and the asset management scale of Bitcoin spot ETFs is expected to exceed $250 billion[^1^]. In terms of technological innovation, Ethereum Layer 2 solutions and the integration of AI and blockchain have become highlights[^2^]. Meanwhile, the uncertainty of regulatory policies remains a challenge faced by the market[^3^].