The market has just barely recovered from the shadow of the Bybit Hacker incident, and before coming to senses, a new crisis quickly emerges like a surging tide. Unfortunately, it encountered a massive theft of up to 50 million US dollars, even more distressing is that the thief directly converted this fund into Ethereum and aggressively smashed the market, causing heavy losses to the city again. Bitte coin dropped by one percentage point, Shanzhai coin even plummeted by 10 percentage points. Ethereum's performance is considered weak, seemingly strong over the weekend, each time making people full of anticipation for its imminent rise, but repeatedly being faced with reality. Many frens are discussing anxiously, is this market no longer able to decline? They also wonder if the long-standing rule of inevitable decline is applicable to the current oscillating market. In fact, not so, in the current trend, it is about how to build a bottom in the phase. Therefore, everyone needs not only fear but also shines with hope. The empty Fren may secretly rejoice, licking his lips, carefully conducting the buy low operation. February is quietly coming to an end, with only a short week left. It is difficult to expect too much from the market this week. However, since the beginning of the month, the market has been as calm as a still pool, waiting for ripples to emerge. As the saying goes, how long horizontally and how high vertically, covering both the dimension of time and space.

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This Friday, the core PCE data for January is about to be released, undoubtedly the focus of the market's attention. Core PCE is considered one of the most important inflation data for the Fed. Compared to CPI and the unemployment rate, it can more accurately and delicately reflect the true state of the US economy. Once this data shows a downward trend, the market's tense nerves may relax, and investors' sentiment will significantly improve. In addition, when discussing inflation issues in the US, the situation of the Russia-Ukraine war is also a key factor that cannot be ignored. From the current situation, there is a certain possibility of a ceasefire in March. If this positive vision can come true, it will undoubtedly be a major positive news for the market. Because a Russia-Ukraine ceasefire can greatly alleviate the inflation pressure in the US, and even potentially offset the negative impact of Trump's tariff policies, which is extremely favorable for the Fed's future interest rate cuts. Once the expectation of interest rate cuts significantly increases, the market is unlikely to experience a decline, but may instead usher in new development opportunities.
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From the perspective of market sentiment analysis, it has already entered an extreme state, most likely approaching the bottom area. Looking at the turnover rate and trading volume, the turnover rate is at an extremely low level, and the trading volume is continuously decreasing, clearly indicating that the market has entered the so-called 'garbage time' low point. In this situation, most investors choose to hold and wait, unwilling to easily participate in trading. The entire market is eagerly awaiting, waiting for the Fed to start massive liquidity injections and balance sheet expansion, while also closely monitoring when the Strategic Reserve Act will be officially implemented. It is worth noting that currently more than 30 states in the US are actively promoting legislation for strategic reserves, adding 8 states compared to last week. Once one of these states passes the relevant bill first, other states will inevitably follow suit. It is estimated that these states are likely to inject over 30 billion USD, undoubtedly injecting a shot in the arm for the market, bringing new vitality and opportunities.