The strategy of this ETF is quite clever—it specifically chooses to act after the US stock market closes. How does it actually work? It buys Bitcoin in the early morning Beijing time, then sells it when the US stock market opens in the evening. Is this time-zone arbitrage? Or is it betting on overnight volatility? This kind of cross-time-zone strategy really takes full advantage of the rhythm differences between the two markets.

Got fresh takes on Bitcoin's next move. My read? Market's already baking in those rate cuts—could see things pull back once reality hits. Two scenarios I'm watching: First setup: FOMC news drives an initial spike toward channel top, but if we can't hold above $94k at close, I'm eyeing $87-88k as the landing zone. Second setup: Break below channel support? That opens the door to $83-84k territory. Keeping these levels marked—structure matters here.

I did a review again late at night: From the perspective of the macro structure, ETH is currently basically in a "stage bottom range." On the technical side, the MACD is entering a critical point of convergence, and if a golden cross is confirmed, the market could open up an upside space to 5000. Once ETH breaks through 5000, BTC going to 150,000-200,000 USD is not out of the question. A lot of people ask: Isn't this the trend for the next "four-year halving cycle"? In fact, CZ said before: the four-year cycle may become invalid, and we might be entering a Super Cycle. My view is closer to: the "tail end" rally is already brewing—mainstream coins will lead first, and then leading ecosystem altcoins could launch into an "end-stage surge mode." As for today's rise, it's clear that the market is FOMO-ing in advance on expectations of a "50bp rate cut." If the 50bp cut really happens, it will become the key catalyst that triggers the frenzy at the end of the cycle.