$BTC In fact, recently the US stock market has been subtly making me feel like there will be a new major shift. It's important to note that in the past few weeks, the three major US stock indices have basically reclaimed the losses following the imposition of tariffs. Even with the support from previous interest rate cut expectations, the impact of tariffs still exists, and fully reclaiming lost ground clearly does not conform to normal logic. On Monday, despite the closing price being not much different from the pre-market trading, and even slightly rising by 0.1%, it was obvious that there was a lack of momentum afterwards. With questions in mind, I searched for related information, and indeed it was interesting. During this rebound of the US stock market, a large amount of institutional funds from the US have been quietly withdrawing from US stocks and US bonds. The bulk of the money that filled this 'golden pit' came from American retail investors, with over $40 billion flowing into US stocks. Where did the institutional funds go? They went to yen, US dollars, currencies of small Southeast Asian countries, and even Hong Kong stocks, and of course, a portion also went into the cryptocurrency market we are in. This also explains the strange exchange rate fluctuations seen on the day of May 2nd for the Hong Kong dollar and several other currencies. I don’t know if any friends remember the currency news from that day. Due to the character limit, I won't expand on the analysis, but to conclude: a new round of significant correction in the US stock market seems inevitable, and for those playing in the US stock market, remember to exit early. Additionally, Bitcoin is likely to undergo a correction as well, but it should only reach the 80s and not the 70s. When the currencies of Southeast Asian countries can start to bear some safe-haven attributes (which they shouldn't normally, as gold and yen have already risen too high), Bitcoin will do the same; when Bitcoin drops to a certain price, its safe-haven attribute will be reflected, expected around the 8.5 range. This means that regardless of what happens this year, it is very unlikely that we will see a 70s figure again. The reason is not based on any K-line chart analysis, but on the actual world economic situation and the demand for financial assets. If this round indeed goes below 85, I will also consider taking a long-term bullish position.