Bitcoin and the overall market fall The price of Bitcoin has recently fallen below approximately 84,000 USD, with the risk of further falling below 80,000 USD. Market sentiment has shifted to a "risk-off" state: As macroeconomic uncertainties increase (such as interest rate policies and valuation pressures on tech stocks), cryptocurrencies are also being sold off. The entire cryptocurrency market capitalization has fallen below (or close to) 3 trillion dollars, marking a significant correction this year. Analysis indicates that if Bitcoin falls below a key support level (for example, $80,000), it could trigger a more severe technical decline. Brief Summary: The current decline is mainly due to weakened market sentiment, tight liquidity, and the liquidation of leveraged positions. Cautious outlook on future trends. XRP and ETF/support level issue: The key support level for XRP at 2 dollars has been breached, and the area around 1.80 dollars has now become a new support focus. The reasons for its fall partly stem from the overall decline of Bitcoin and poor market sentiment, and there are also discussions from institutions like MSCI (index company) that may impact the reclassification of companies related to digital assets. At the same time, XRP-related ETF products are also appealing: for example, the XRP ETF launched by Bitwise has already seen inflows in its early stages. Brief summary: XRP, despite regulatory benefits (ETF inflow), is still under pressure in the short term due to the overall market weakness and the breach of key support. 3. The relationship between systems/macroeconomics and crypto assets is strengthening. Mainstream institutions are beginning to take cryptocurrencies into consideration: for example, as financial and stablecoin payment systems evolve, institutions are cautious but there are clear signs of "participation." The market is also observing the impact of regulation, interest rates, and macro policies on crypto assets. For example, if the Federal Reserve does not lower interest rates or if technology stocks are under pressure, crypto may continue to be dragged down. Summary: Although the trend towards institutionalization is advancing, there are significant short-term macro headwinds, and it remains a high-risk environment. If you are looking at the "buying opportunities" or "waiting opportunities": the current market is leaning towards weakness, and if you choose to enter, it is recommended to wait for support level confirmation or signs of market sentiment stabilization. If you already have a position: it is recommended to set stop-loss/reduce positions to cope with the possible further fall. If you are focused on the long term: the institutional environment is positive but short-term volatility is high, you may consider entering the market in batches, controlling costs and risks. $BTC

#美国政府停摆危机 Wow! Are the Americans finally going to stop their infighting? The government shutdown is about to end! The altcoin ETF must be coming now, right? 🚀🌙 XRP, DOGE, and DOT are all set to da moon! Franklin and Bitwise are ready, SEC hurry up and approve it! Don't drag it out anymore, okay? I can't wait any longer, if I don't buy now, I'm going to miss this wave! Brothers, get your Wallets ready, we're about to get rich! 🤑💰 #FOMO #ToTheMoon

A new wave of ETFs is coming to the market. Grayscale is launching DOGE and XRP spot ETFs on Monday. Other companies like Bitwise and Franklin Templeton are also rolling out DOGE, XRP, and Solana ETFs as demand keeps rising.