In a bull market, the rise is rapid, while in a bear market, the rise is slow, but today BTC is like a tightrope performer—seemingly dangerous, yet every step is carefully placed on the emotional springs of the market.

Remember! Sudden surges and drops hide scythes, sideways fluctuations sharpen the mind's knife; if you can't see clearly, withdraw and watch the show, preserving your principal is the true path to success.

1. Latest news: The ballast of giant whales is shifting, regulatory headwinds are suddenly upon us!

1. Whale movement: On-chain data shows that an anonymous address transferred 23,000 BTC to a Coinbase cold wallet. Such a large transfer usually indicates that major holders may sell off, significantly increasing short-term selling pressure risk.

2. Regulatory crackdown: The U.S. SEC suddenly inspected 3 cryptocurrency derivatives platforms, causing the market panic index to soar by 12%, and policy uncertainty is suppressing BTC's 'safe-haven halo.'