Recent notable trends in the encryption space:

A big player from a certain exchange has made a statement, saying that we will soon see more cryptocurrencies hitting new highs. This sounds quite encouraging, as market sentiment has indeed been warming up recently.

There is a major announcement from the UK — they have officially recognized Bitcoin and these digital assets as legal property. What does this mean? Compliance has taken a big step forward, and it is a clear signal for institutional funds to enter.

The gold market has been quite interesting lately. Prices have fallen from around $4250 and have now dropped below $4200. Analysts at Credit Suisse say that some people have taken profits at high levels. U.S. manufacturing data shows that it has contracted for nine consecutive months, and everyone is watching the ADP employment data and the PCE inflation index, looking for clues about a possible rate cut from the Federal Reserve. The White House is also looking for a new Federal Reserve chair, with Hassett being a strong candidate. Analysts expect gold prices to fluctuate between $4000 and $4400 in the short term, and if the Federal Reserve does cut rates, there could be another rally.

Musk recently issued another warning, stating that the U.S. debt crisis is coming faster than expected. In an interview, he mentioned that in the future, "the concept of currency may not even exist," and energy will become the new standard of value. If this judgment comes true, Bitcoin may experience violent fluctuations—both a risk and an opportunity.

Looking at these pieces of information together, the macro environment, policy direction, and market expectations are all undergoing subtle changes. It is worth observing closely in the coming weeks.