Another day has passed, US stocks are still rising, A-shares are still falling, and Bitcoin is still fluctuating. Last night’s CPI data was very strong, with an annual rate of 4%, which is a significant turning point. So this month, there probably won't be a rate hike. As a result, US stocks continue to rise, but cryptocurrencies haven't followed suit.

Bitcoin's daily volatility is only a few hundred dollars, which is really not very meaningful. But Bitcoin can reverse its trend, though it hasn't yet. Ethereum's situation isn't very good; after a major altcoin crash, there has been some improvement, but it still needs some time.
The market is in a period of transition, with both Bitcoin and altcoins needing more time to complete their structures. The interest rate decision will be announced tomorrow early morning, but it probably won't have much impact.
The SEC regulatory issues currently have no significant results; I think there is still hope for a settlement in the end.
In the short term, focus on 27,400; if it doesn't break through, then the trend down to 31,000 is still ongoing by default; if it breaks through, there is a chance for a bullish reversal.