Let's talk about macroeconomic issues.

1. Key points to focus on this week: This week, many officials from the Federal Reserve will be speaking, and the most anticipated is Powell's speech on Wednesday, so make sure to listen closely to what he has to say. In terms of data, the core PCE price index to be released on Friday is very important, as it can reflect a lot of economic conditions.
2. The relationship between oil prices, inflation, and interest rate cuts: Analysts at Bloomberg Economics mentioned in a report that the current geopolitical situation is complex, coupled with the expiration of the reciprocal tariffs in the U.S., these two factors together could cause oil prices to soar like a rocket. As oil prices rise, the CPI will also increase, leading to greater inflationary pressure, making it difficult for the Federal Reserve to cut interest rates in this situation.
3. Trump's Remarks and Their Impact: Trump stated that in order to make Iran "great again," he would not hesitate to push for a "regime change" in Iran. With the U.S. intervening like this, geopolitical risks are bound to increase. Everyone should pay attention to the performance of U.S. stocks, especially technology stocks, as they can have a significant impact on the cryptocurrency market.
4. Liquidation data situation: From the liquidation data in the last 24 hours, it can be seen that mainly long positions have been liquidated. What does this indicate? The bearish sentiment in the market is particularly strong right now, and many people hold a bearish view of the market.