According to the latest market dynamics, changes in the Federal Reserve's policies and upcoming data releases will have a significant impact on the cryptocurrency market. Recently, the global liquidation amount reached 332 million dollars, with a single liquidation amount for Bitcoin at 91.02 million dollars, indicating increased market volatility. At the same time, the price of Bitcoin has surpassed 94,000 dollars, attracting investor attention and becoming a focus on Baidu Finance's hot search list. In terms of institutional investment activity, BlackRock transferred 4,544 ETH to Coinbase, showing a trend of institutional capital inflow. Furthermore, the net inflow and outflow of cryptocurrency spot ETFs have shown mixed results, with Bitcoin spot ETFs seeing a substantial inflow of 837 million dollars, while Ethereum spot ETFs have continued to experience a net outflow of 81.2 million dollars. Regarding the risks in the cryptocurrency market, Swiss regulators have issued a warning indicating that the rising risk of money laundering may further impact market confidence. Overall, with increased institutional investment and fluctuations in market sentiment, the cryptocurrency market is showing a volatile trend in the short term. Currently, the cryptocurrency market is facing the complex interplay of multiple factors, resulting in a complicated trend.