#密码资产动态追踪 The recently released data fully aligns with market expectations. Coupled with Trump's continued statements on rate cuts, market sentiment instantly reversed, and the trend began to rise.

Previously, everyone was worried about interest rates remaining unchanged or even increasing, but now the market consensus has shifted — it may stay unchanged this month, or even enter a rate-cutting cycle. This improved outlook has directly become the main driving force behind the market rally.

However, to be fair, whether rates will be cut or not still depends on the end-of-month meeting. For now, we should focus on whether Bitcoin can hold steady around the 95,000 level.

Last night's rally cleared out many short positions. According to liquidation data, long positions in Bitcoin, Ethereum, and Solana clearly dominated, and these mainstream coins' holdings are very concentrated — a potential risk signal. Although the short-term trend looks bullish, if longs and shorts suddenly cover, it could easily trigger chain reactions of liquidations.

From the institutional funding perspective, Bitcoin saw a net inflow of $628 million, Ethereum a net inflow of $76.7 million, and Solana a net inflow of $5.9 million. The overall trend indicates institutional investors are currently bullish, especially with Bitcoin's trading volume being quite active, which is also an important factor driving the rally.

The current market is in a consolidation phase with relatively moderate volatility. Bitcoin is oscillating between 93,500 and 98,000, with mainstream contract coins fluctuating between 3,230 and 3,450; Solana is oscillating between 140 and 153.

Interestingly, many smaller tokens are also following the market's strength, with privacy coins performing particularly well — an area worth paying more attention to.

In this wave of market movement, the role of institutions cannot be underestimated. In the short term, the market still leans toward a bullish pattern, but the range of fluctuations may become more limited. Regardless, staying alert and flexible in adjusting strategies is the right approach.

Keep tracking market signals and timely optimize your trading plans.