#加密货币监管立法 This market situation is truly nerve-wracking. Although Bitcoin has broken through 107,000 USD, it has failed to hold above and has fallen back below 105,000. It seems that market confidence is still lacking, with Large Investors cashing out at high levels, compounded by the lingering effects of previous liquidation events, leaving the entire crypto market looking somewhat weak.

I have been paying attention to the fund flows of the Bitcoin ETF listed on the US stock market, and I found that it only attracted a net inflow of 1 million dollars on Monday, which is quite disappointing. It is worth noting that during the same period, the stock and bond markets surged due to the end of the government shutdown. The contrast is really too great.

From a technical perspective, Bitcoin is still trapped below the 200-day moving average, currently around $110,000. Analysts generally believe that to truly rebound, it must break through this key level.

For us copy traders, now may not be the best time to enter the market. I recommend continuing to observe closely the actions of top traders. If they start to increase their positions, we can follow suit later. After all, in such an uncertain market environment, protecting the safety of our funds is the top priority.