In a bull market, the rise is rapid, while in a bear market, the rise is slow, but today BTC is like a tightrope walker—seemingly thrilling, yet every step is on the emotional spring of the market.

Remember! Sudden surges and drops hide the reaper's scythe, sideways fluctuations sharpen the heart's dagger. If you can't see clearly, pull back and watch the show; preserving your capital is the true way.

1. Latest news: The giant whale's ballast is loosening, and regulatory headwinds have struck!

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 a major holder may sell, significantly increasing short-term selling pressure risk.

2. Regulatory crackdown: The U.S. SEC raided three cryptocurrency derivatives platforms, causing the market panic index to soar by 12%, with policy uncertainty suppressing BTC's "safe-haven halo."