Today's homework is not very easy to write. Since the closing of the US stock market in Beijing time, the price of Bitcoin has been rising continuously. The magnitude of the rise before the closing of the US stock market today is good. Almost at the same time, the stock index futures in the United States are also rising. However, the rise of Bitcoin is not an independent market trend, but a simultaneous rise in the stock market and cryptocurrency caused by information appearing around 4am. There have been quite a few events during this time period, and overall, there is a greater possibility of avoiding a government shutdown. Of course, whether it is specific or not is not that important. What is important is whether this rise will rebound or reverse. In the short term, the most emotionally impactful event will be the Federal Reserve interest rate meeting next Thursday morning. The dot matrix and Powell's speech are both highly anticipated events. The dot plot mainly looks at two key points, one is the number of interest rate cuts in 2025, the other is the number of interest rate cuts in 2026, and the most important is the number of cuts in 25 years. Currently, the market expects three cuts, let's see what the Federal Reserve's expectation is. Secondly, there is an expectation to stop shrinking the balance sheet and an explanation for the economic recession. Of course, some people will also ask about tariffs, which may have an impact on the market. Additionally, the interest rates in Japan are unlikely to be adjusted next Wednesday, so there is no need to worry too much about Japan raising interest rates. The 'decisive battle' of the first quarter should be on the 20th. Looking back at the data of Bitcoin, in the past 24 hours, with the rise of BTC price, the turnover rate has shown a significant decrease. As mentioned in recent days, most of the participants in turnover are short-term investors, especially those who have been buying at the bottom in recent days. Even investors with costs above $90000 have rarely participated in turnover, and the progress of market washing in this range is almost complete. The number of high loss investors who choose to leave due to panic is indeed decreasing, and as this group of investors decreases, the pressure to sell is gradually easing. However, these may change again after this month's interest rate meeting. If there is a strong bearish view at the meeting, these investors are likely to sell again. But from now on, there has not been a large-scale turnover of the intensive chips between $93000 and $98000, and these investors have become relatively stable, which is also very helpful for price support. Tomorrow will be another two-day weekend, and it's already a time of low liquidity, making it easy to get into trouble. However, judging from today's mood, it's still good. I hope to spend a quiet weekend. 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