BTC has strong support at $73,000, and the likelihood of a significant parabolic breakout in the short term is low.

In the coming years, the widespread adoption of Bitcoin may benefit from the dual impetus of rising demand for scarce commodities and an improved investment environment.

Trump suddenly announced a 90-day suspension of tariffs on countries that do not take retaliatory actions. The U.S. stock market experienced an epic rebound, and the cryptocurrency market celebrated simultaneously. However, behind the frenzy, uncertainty and a wait-and-see attitude in the market remain strong.

Event-driven factors dominate the recent market, focusing on the risks of short-term market sentiment fluctuations.

The relationship between global liquidity and BTC prices is gradually weakening, and native drivers of cryptocurrency may become key indicators.

BTC fluctuates upward, breaking through $88,000, with the recovery of the US stock market boosting the rebound of the crypto market.

The Federal Reserve's dovish turn injects a strong dose of confidence into the market, while the "emergency brake" on the pace of balance sheet reduction and the potential policy benefits from Trump's DAS speech may jointly support a short-term rebound in the cryptocurrency market.

Spot gold surged past $3,000 driven by safe-haven buying, reaching a new high, with a cumulative increase of over 15.19% this year.

The hedge fund's liquidation sell-off is basically complete and has approached its highest intensity.

The short-term benefits have been exhausted, and macro risks are intertwined, triggering widespread panic in the market.

The US stock market was severely hit, dragging down the cryptocurrency market. BTC fell below the $80,000 mark for the second time in three weeks, reaching a low of $76,600, essentially returning to the level seen when Trump won the election last year.

Bitcoin remains a high-quality investment target among risk assets, and its value remains resilient.

This week's focus will be on CPI and earnings reports, with the market currently having relatively positive expectations for both. Overall, CPI is expected to remain below 3%, and the breakeven inflation rate remains stable. However, the preliminary rise in inflation expectations from the University of Michigan, combined with strong wage growth, may tilt the risk balance upward, which is extremely unfavorable for current market sentiment.

The end of 2024 is approaching, and the last few trading days of this year are more important than expected.

JPMorgan analysts pointed out that seasonal trends, expectations of Federal Reserve interest rate cuts, and the Ethereum Pectra upgrade could be key factors driving growth in the cryptocurrency market.

The Federal Reserve's rate cut is rare, and the market's current reaction is surprisingly chaotic. Will this trigger a Bitcoin bull market?

Last week's disappointing non-farm payroll data once again raised concerns in the market about an impending economic recession, and the market increasingly believes that the Federal Reserve is falling behind the yield curve...

Overall, the core reason for this round of decline is, on the surface, the "weaker-than-expected rebound" in the U.S. non-farm payroll data, which has triggered market concerns about a U.S. recession to some extent. Essentially, it is accompanied by the release of Nvidia's second-quarter earnings report, which showed a slowdown in growth. As the core driving force of this bull market, Nvidia has begun to devalue, leading capital to accelerate the pace of deleveraging in the tech sector to mitigate risks.

In today's increasingly interconnected global financial markets, the relationship between traditional stock markets and the emerging cryptocurrency markets has attracted widespread attention from investors and analysts.

Entering the early stage of a rate cut cycle does not mean that a surge is imminent; there are still some risks that warrant caution. Overall, in the early stages of rate cuts, we need to pay attention to six core issues, including the risk of a recession in the U.S., the pace of rate cuts, the Federal Reserve's QT (quantitative tightening) plan, the risk of inflation reigniting, the efficiency of global central bank coordination, and political risks in the U.S.