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There are two main factors driving the acceleration of the #Bitcoin rebound: On the macro side, the Treasury increased repurchases sending positive liquidity signals + industry side at tonight's White House crypto meeting. One is improved liquidity expectations, another is unique industry positives, so #BTC continued yesterday's rally and rebounded strongly. However, my view remains unchanged—it's still too early to talk about a bullish rebound. On the macro side, is Becent politically increasing buybacks, or is this seen as a future established policy? This will truly affect the financial market liquidity environment. Policy side, At tonight's White House crypto meeting, whether Trump can truly drive the CFTC and SEC to issue new crypto administrative regulations to accelerate reform remains to be seen. On the technical side, BTC breaking through the bottom range during the day depends first on whether it can hold above 67,400, and secondly, BTC is facing clear resistance near the daily resistance (69,000). Both require further policy + macro support before an effective breakout can be achieved. Even if it breaks through later, the BTC target near 74,200 will only form an initial rebound. If the daily trend is extended, it wouldn't even be considered a strong rebound. So whether the trend can start with the momentum is too early to conclude at this point. #BTC突破69000美元 how far can this round of rally go? On the data side, although ETFs and crypto funds have seen net inflows, how long these net inflows can last depends on the next day's further verification. Once net inflows stop, theoretically, BTC's upward momentum will weaken. In summary, the current optimism is still in a cautiously optimistic stage, compared to yesterday