[SunX Research Weekly] America. stocks pullback under fluctuations in America. bond yields and geopolitical pressure · Bitcoin broke through $77,000 Resonance between institutional funds and regulatory signals · Strong inflow of spot ETFs: Net inflows of about $2.6 billion were recorded this week, the best performance since October · Large-scale short liquidation helps to push the short market⚡ · White House Encryption Conference and Trump's promotion of the Clarity Act, regulatory signals tend to be positive ️ · The Ministry of Finance increased the repurchase of long-term government bonds, triggering the market's re-pricing of liquidity transmission. Macro differentiation has intensified, and the crypto market has emerged from the independent market in the dual resonance of capital and supervision - the core feature of this week, which deserves continued attention. https://support.sunx.vip/hc/en-001/articles/17340111958415