Today is the 284th day since I started writing posts, without a single day off. Each piece is not done half-heartedly, but is prepared with care. [微笑] If you think I am a serious person, you can follow me, and I hope the content can help you every day. The world is big, and I am small, so please follow me to make it easier to find. [微笑][微笑]

The cryptocurrency market today shows a mixed pattern of bullish and bearish sentiments, with investor sentiment becoming cautious, mainly revolving around macro policies, regulatory dynamics, and market liquidity.
1. Expectations for the Federal Reserve's interest rate cuts continue to have an impact: Although the market generally anticipates that the Federal Reserve will shift to an easing policy, analysts remain divided on the short-term trajectory of crypto assets.

2. The regulatory environment is facing new variables: The U.S. SEC chairman nomination hearing is taking place today, with the candidate promising to promote transparency in the crypto industry and establish a clear regulatory framework. The market is looking forward to the potential influx of institutional funds that may come from policy easing. At the same time, stablecoins, RWA tokenization, and Bitcoin ETFs remain the core growth drivers for the industry in 2025.

3. Market liquidity is insufficient, and a reversal is unlikely in the short term. Today, 139,000 BTC options are set to expire, with the maximum pain point at $85,000. However, the market lacks new capital inflows, and implied volatility continues to decline, suggesting a continuation of fluctuations in the short term. Additionally, the open interest for call options expiring on March 28, 2025, with a strike price of $120,000, has surged, indicating that some investors are still betting on medium to long-term price increases.

Dear ones, I cooked again today. Making delicious food is one of my great pleasures. These home-cooked dishes are not a challenge for me. Watch the video; I can live a beautiful life because I love life.