#加密市场季度观察 Today the cryptocurrency market fluctuated, with Bitcoin's price recovering to $84,283, a 24-hour increase of 0.38%. Ethereum is reported at $1,601, down 2%. The U.S. Bitcoin ETF saw a net outflow of $170 million yesterday, marking a continuous outflow over 7 days, increasing market pressure. The U.S. SEC has postponed the approval of Grayscale's Ethereum ETF staking, maintaining regulatory uncertainty. Stablecoin trading volume exceeded Visa for the first time in 2024, indicating market activity. The Fear and Greed Index is at 29, reflecting a sentiment of fear. Standard Chartered predicts that stablecoin supply will reach $2 trillion by 2028. UBS analysts warn that if Bitcoin falls below $82,000, it may further decline.