$BTC Oscillating around 68k, influenced by multiple news factors: As the Federal Reserve's April policy meeting approaches, strong non-farm payroll data has delayed rate cut expectations, strengthening the dollar and suppressing risk assets; if the US CLARITY Act is enacted, it will benefit regulatory clarity, but short-term progress remains uncertain. ETF capital inflow momentum weakened in March, turning into net outflows at the end of the month, coupled with whale selling pressure, leading to cautious market sentiment. Middle East geopolitical tensions and Bank of Japan rate hikes also increased volatility. In the short term, attention should be on the 67,000 support level and macroeconomic data guidance.