The cryptocurrency market has recently shown intensified volatility, with an overall decline in risk appetite. Bitcoin (BTC) has fallen below the 84,000 USDT level, 📉 triggering a market sell-off that indicates short-term bear market signals, possibly stemming from selling pressure by large holders and macro uncertainties. In terms of Solana (SOL), a ‘whale’ that had been silent for five months has unstaked 37,803 tokens, 🚨 which may increase supply pressure, and investors should be cautious of price corrections. The altcoin sector is active, with VOXEL/USDT contracts on the Bitget platform experiencing abnormal trading volume exceeding BTC, 📊 suggesting potential manipulation risks; BROCOLLI token investors achieved a return of 6.2 times in half a month, 🚀 reflecting high-risk, high-reward opportunities, but caution against bubbles is necessary. Institutional dynamics are worth noting, as the head of Galaxy Research predicts that the U.S. government may purchase BTC as a strategic reserve, 💼 boosting long-term confidence; conversely, the French finance minister warns that if Powell is dismissed, the credibility of the dollar could be damaged, potentially benefiting the demand for cryptocurrency assets as a safe haven. Regulatory pressure is increasing, with the Yichun police uncovering a virtual currency money laundering case involving 4 million yuan, ⚠️ highlighting the importance of compliance; at the same time, a certain whale liquidated 10,293.78 ETH for a profit of $323,000, 📉 indicating a short-term adjustment for ETH. The Dogecoin (DOGE) community is celebrating “Dog Day,” but sentiment is low due to the slim chances of ETF approval, with Trump’s economic approval rating dropping to a low point further exacerbating market uncertainty. Bybit is adjusting the funding rate for VOXEL, 📈 which may optimize the trading environment. Looking ahead, investors should focus on asset allocation, control their positions, pay attention to institutional entry signals, anticipate short-term fluctuations, while long-term potential remains. 💡 Stay cautiously optimistic.