#美国证券交易委员会推进数字资产监管框架创新 Non-farm payroll data will be released tonight, and the crypto market faces significant volatility risk. The overall macro environment remains quite complex. I maintain a bearish outlook on $BTC, as there are too many short-term variables. Federal Reserve policy movements and regulatory framework adjustments will directly impact the coin prices. Instead of frequently taking profits or cutting losses, it's better to stick to your own strategy and wait for clearer signals before taking action. Especially under the broader context of regulatory innovation, market sentiment will be more sensitive to fluctuations. Keep a close eye on the reactions after the data is released, but do not change your core view.