The cryptocurrency market has recently shown a trend of increased volatility alongside active institutional participation, with strong overall capital inflows but frequent risk events. In the past week, the cryptocurrency market saw a net inflow of nearly $9 billion (💸), indicating a rebound in investor confidence; however, BTC fell below $94,000 (📉), and $140 million in contracts were liquidated across the network in 24 hours, primarily long positions, highlighting fragile market sentiment. Institutional dynamics are active, with a certain whale purchasing 30,000 ETH and 600 BTC through OTC (🐋), Michael Saylor may disclose increase holdings data next week, and the SEC approved three XRP ETF futures products to be listed on April 30 (📈), boosting confidence in mainstream coins. At the same time, the European Central Bank has simplified bank regulations, and the Bank of Ghana plans to start cryptocurrency regulation in September (🔒), indicating a tightening global compliance environment. Token unlocks and hacking incidents bring uncertainty, with 29 tokens (such as OP, CHEEL, ZETA) unlocking over $10 million next week, which may increase market supply pressure (⚠️). The Bitrue hacker sold off 1,770 ETH for cash, and Bitget plans to recover the funds and airdrop them to users, reminding investors to strengthen security. Positive signals include Huobi HTX launching a TRUMP trading competition to share 20,000 USDT (🏆), Bubblemaps (BMT) rising 51.16% in 24 hours, and Sui Wallet merging with Stashed to form Slush, enhancing ecological integration. Overall, the market may maintain a volatile state in the short term, and investors are advised to pay attention to regulatory developments and capital flows (📊), prioritizing decentralized risks. Although Trump's tariff remarks are favorable for the traditional economy, their impact on cryptocurrency is limited. Stay cautiously optimistic, with a long-term positive outlook on institutional participation driving growth (🚀).