Brothers, pay attention. The current market signals warrant high vigilance: large players and institutions have begun to sell off to avoid risk, and multiple significant news pieces are building momentum. Tomorrow, the Federal Reserve's interest rate decision and Powell's monetary policy speech, and the day after tomorrow, the non-farm payroll data and the implementation of the 'third' tariff policy, these major pieces of news are concentrated for release, and the market is likely to face a risk of a bank run. Another key point is that Hong Kong will officially implement the world's first comprehensive regulatory framework for fiat-backed stablecoins on August 1st, and this policy implementation may also impact the market. The flow of funds from BTC and ETH ETFs clearly shows changes: the previous trend of net inflows reaching historical highs has reversed, with Bitcoin seeing a daily sell-off of 83 million and Ethereum seeing an outflow of 5 million yesterday. Although the amount of funds is not large, combined with the market trends over the past two days, the shift in market direction is already very evident—currently, while risk-averse sentiment has emerged, systemic risk of a bank run has not yet erupted. The correction signals in the altcoin sector are even stronger: since yesterday, there has been widespread decline. As of yesterday afternoon at 2 PM, among over 1400 altcoins on the Binance platform, over 85% have shown a correction, with more than 600 coins experiencing a drop concentrated in the 7%-10% range; as of today at 2 PM, nearly 90% of coins continue to show a correction trend, with most declines controlled in the 3%-5% range. Under the backdrop of Bitcoin and Ethereum maintaining high volatility, the collective correction of altcoins actually reflects that the market is holding its breath waiting for the final landing of multiple news pieces. #ENA #BTC #以太坊十周年 #币安HODLer空投TREE #上市公司加密储备战略