After eating and drinking enough, I woke up and realized that my waking posture was still incorrect. Why hasn't the price of BTC changed much? The three piece set still needs to go through another process. First: First, let's see if Trump once again spoke out of the blue. After a round of interviews with Trump, his words were quite normal, including that he thought Powell was a good man, and that he would cut interest rates. In addition, he said that the tariff progress was good, except Canada, there was good progress, so there was no lag in tariff and macro aspects. Secondly, it is estimated that it is still related to ancient giant whales, so we went straight to look at the data. In the afternoon, when we looked at the data, we did find that there was a significant transfer of Bitcoin mainly to Binance OKX and ByBit, but by the evening, there had been much less selling, which means that external pressure began to weaken. Thirdly, the stock of the exchange has not continued to increase, but the consumption is not high. There are over 15000 BTC remaining in the exchange, all of which were transferred today. Among them, Binance has the highest additional stock, exceeding 10000, while OKX and Bybit both have around 3000 stocks. So the basic logic should be that the ancient whale's selling has come to an end, but the selling action has not yet ended. There are still over 16000 BTC waiting to be sold on the exchange, which may be the main reason for price suppression. However, from the perspective of macro, monetary policy and tariff issues, it is still normal, and Trump's speech also released good news. Today, the S&P 500 continues to rise to a new high, and the linkage between Bitcoin and U.S. stocks is still high, so this is not a systematic risk, and the overall situation has not changed. This article is sponsored by Bitget | @ Bitgetzh