I accidentally finished writing the financial report for MSTR, but it was already released the day after tomorrow. I was waiting to see the financial reports for MSTR and Coin, but I haven't seen the report for Coin yet. Let's talk about it later. Today's assignment is not too difficult, mainly because Powell's expectation of not cutting interest rates in December is mixed with the reaction of the US stock market financial report. In the short term, the market sentiment is indeed quite poor. But after the US stock market closed today, the new round of financial reports looks good. Although it fell sharply yesterday, it has already started to rise before the market closed today. At present, BTC and technology stocks still maintain a strong consistency. At least at present, I haven't seen the risk of BTC and technology stocks breaking off the anchor. In fact, the biggest problem is that the overall cryptocurrency field has no own narrative. Apart from the latest several spot ETFs, its independent narrative is almost non-existent. Trump has not mentioned the BTC strategic reserve for a long time. This has also led to a decline in the sentiment of traditional investors towards cryptocurrency investment. From the data of spot ETFs, it can be found that the purchasing power is indeed not strong enough recently. Only when there are significant positive factors in technology stocks or macro markets will there be some buying volume, and other times it is not easy to see. This is also the biggest dilemma currently faced by Bitcoin and cryptocurrency. But I still believe that the luckiest thing about BTC is that it belongs to the same group of investors as technology stocks. Back to Bitcoin's data, the panic in the last 24 hours has increased significantly, mainly because of the relationship between the Federal Reserve, but it is an indisputable fact that the United States has moved towards monetary easing, and the shrinking of the watch has stopped, and there is another Trump looking forward to it. Therefore, my personal opinion is that Trump's determination to adjust interest rates in 2026 will not be changed even if it does not cut interest rates in December. I am still holding onto my own multiple orders and have done a few short-term trades, but overall it started at $106000. I took profits a few times and then opened new orders at a lower level. When we reviewed, we said together that if this price caused me to sell out, I would start buying cash. From the perspective of chip structure, there is currently no significant risk found, and more buying volume is gathering. There is currently no sign of investor collapse. This article is sponsored by Bitget | @ Bitgetzh