Is the market sensitivity so poor? Although I didn't answer all of my friends' messages, I have probably read them all and hardly any of them asked why there was a rise today, which made today's homework a bit awkward. I really spent more than an hour browsing through today's news, but I didn't see any particularly valuable positive news that led to the market rise. I don't know if I missed something, but if there is, please add it. However, there are indeed several important pieces of information today. One is that the SEC has approved a new stablecoin that can generate interest. We have discussed this topic in Coinbase's financial report. Although Coinbase will give USDC some returns, this is not the universality of USDC. The YLDs approved this time will accumulate daily and pay interest to users on a monthly basis, and this is securities behavior. In addition, the SEC has shown a strong interest in ETF staking. Although I have not seen any media reports on the gray level staking event, a lot of information points to the high probability of the staking of ETH spot ETFs submitted by 21Shares. Moreover, last week, a staking provider focused on SOL communicated with the SEC about the staking process and details. In addition, there were some speeches by Vance and Michael. Michael also called on the United States not only to use Bitcoin as a strategic reserve, but also to actively buy BTC. I don't know if these are all catalysts. In fact, although the price trend in the past two weeks is not very ideal, I have been emphasizing that there is currently no negative policy. Although it is not very good macroscopically, it is basically within expectations. Instead, there will be policy benefits every few days. Although there is no direct reaction on the price, the policy does have a promoting effect on cryptocurrency. Of course, even now, I still feel like I have a 'bad breath', and I don't know what's wrong with it, but if I can't inhale and exhale it freely, the price may still maintain a fluctuating trend. Looking back at the data of BTC itself, the continuous rise in price has led to an increase in turnover rate for two consecutive days. However, even so, the overall turnover data is still very low, and most investors are still indifferent to the current price. This garbage market has awakened some quantitative and short-term investors, especially those who have been buying at the bottom in the past two days and have left in large numbers, while earlier investors are still staying on the sidelines. From the supporting data, it is still very strong, with a large number of investors concentrated between $93000 and $98000. These investors have begun to settle down, and although there has been no new bottoming out since the last breakthrough of $100000, the current position is still a satisfactory support for investors. Tomorrow is Friday again. If the mood can continue to maintain this upward trend, I should be able to rest well this weekend. The activities in Hong Kong are basically over tomorrow. If everything goes smoothly, I should be in Tokyo when I do my homework tomorrow. If things don't go smoothly, it will be troublesome. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex