Good afternoon, brothers ✅ First, let's talk about the market BTC is currently at 70,285, up 5.6%. ETH is at 2,042, with an increase of about 4%. There's a milestone event: the 20 millionth BTC has been mined, which is big news. Overall, it's still in a consolidation phase, without a clear direction. ✅ Altcoins • SOL has partnered with Alibaba to set up a developer site in Shanghai, riding the wave of hype • XRP has dropped nearly 40% from its peak of $2.41 and is currently bottoming out; some say it might make a V-shaped reversal • ADA is in a tough spot; the founder has publicly stated a loss of about $3 billion, and there's significant selling pressure • Siren has been mentioned as possibly hitting a new high in the second week of March; keep an eye on it ✅ What's happening today 1. Someone from the Federal Reserve is going to speak, which might influence the market 2. On-chain data will be updated tonight; let's see the movements of the big players 3. Hong Kong will fully implement new capital regulations for crypto assets starting January 2026, and digital RMB wallets will also start earning interest 4. Arthur Hayes has stated that Bitcoin might reach $200,000 this year—take this with a grain of salt, don't take it too seriously ✅ What are institutions doing Last week, Bitcoin ETFs saw a net outflow of $782 million, but the number of large addresses (holding over 10,000 BTC) is increasing. In other words: retail investors are fleeing, while sovereign funds and long-term capital are slowly accumulating at lower levels. The market greed index, after a sharp drop, is still in the fear zone, and volatility has also dropped to a low point. ✅ Waiting for the wind. When the wind comes, even pigs can fly; if the wind hasn't come, just stay put. At this position, long-term capital is already positioning itself, but in the short term, it might still need to grind a bit.