This current crypto market can be described as a trial of human nature, filled with various drama and complexity. Bitcoin just broke through 85,000, proclaiming "stars and seas ahead," only to be smashed back to 80,000 by the Federal Reserve's ambiguous interest rate cut expectations. Retail investors play the gamble of "making a year's worth of salary in five minutes" with MEME coins, while self-mockingly saying, "I originally intended my heart to shine towards the bright moon, yet the bright moon only illuminates the ditch." The crypto market also has significant information asymmetry and conflicts of interest. When Trump's crypto advisor David Sacks swiftly closed out $200 million in assets, the suckers finally realized: the policymakers' "avoid conflicts of interest" translates to "I run first, you cover me." Even more surreal is that while Americans shout "embrace Bitcoin as a strategic reserve," they simultaneously allow the SEC to scrutinize Tether's reserves, scaring stablecoin players into relocating overnight, perfectly illustrating the regulatory art of "wanting the bull to run wildly while also wanting the bull not to eat grass."

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Next week, key news regarding interest rate cuts is about to be announced. It is important to pay attention to the core PCE data from the U.S., which is also the inflation indicator most closely monitored by The Federal Reserve (FED). Particularly, as we approach April, there are issues regarding Trump's tariffs. From the current news perspective, it seems there is some easing. The recent fluctuations of Bitcoin and Ethereum are actually specific manifestations of market observation. The weekend is a crucial juncture for the market to choose its direction, and suitable layout positions can be sought within smaller time frames.