#比特币现货ETF申请进展# After reading QCP's latest market observation report, I feel that the current market is indeed quite interesting. Bitcoin has broken through $122,000, and Ethereum has reached a nearly two-year high. This weekend's rebound can be described as quite aggressive. However, I still think we should be a bit cautious, as Tuesday's CPI data is an uncertain factor. If the data is lower than expected, it may further push the market higher, but if it is on the high side, we might have to face a pullback.

Recently, I have been paying attention to some traders who are good at grasping major trends. They generally remain optimistic about institutional demand and the inflow of funds into spot ETFs. However, at this critical resistance level, I would suggest that friends who follow trades should appropriately control their positions, as there may be profit-taking pressure before the CPI is announced. Overall, I am still optimistic about the medium to long-term trend, but short-term volatility may intensify, and risk management needs to be well-prepared. Experience has taught me that staying calm during such times is more important than chasing highs and cutting losses.