SpaceX today officially listed on NASDAQ, with market attention diverted by Musk and the new narrative in U.S. stocks, combined with the divergence in the aerospace sector and the effect of funds withdrawing from risk assets, creating a dual suppression on the sentiment and capital side for the market leader in the short term. In the current environment of insufficient market growth and obvious selling pressure at high levels, this event is likely to intensify Bitcoin's oscillating and weak trend, making a strong rebound unlikely in the short term. Caution is still required in operations, and reckless chasing should be avoided. $BTC