The cryptocurrency market has recently shown strong fluctuations and multiple opportunities, with an overall positive trend, but regulatory and security risks cannot be ignored. 📈 Bitcoin has strongly rebounded, breaking through the $118,000 mark, with long positions dominating within 24 hours, indicating a recovery in investor confidence; Ethereum has also risen by 2.59% to over $3,600, with a large investor accumulating $169 million in assets at an average price of $3,545, highlighting long-term value layout. FTT surged by 18.59% to $1.30, indicating the potential for FTX ecosystem recovery. ⚠️ However, CoinDCX was attacked by hackers, resulting in a loss of $44.2 million, although covered by its own vault, the entire network saw $148 million get liquidated in 24 hours (with long orders accounting for 57%), exposing the high volatility of the market. On the regulatory front, a $6.5 billion stablecoin illegal exchange case was exposed in Shanghai, China, the UK plans to sell over £5 billion in Bitcoin assets to fill fiscal gaps, and El Salvador has halted coin purchases, all of which increase uncertainty. Positive signals come from Mastercard executives stating that the GENIUS Act will promote the mainstreaming of stablecoins, with several giants already laying out plans. Whales injected $17.67 million in PUMP tokens into FalconX, further enhancing liquidity. 💡 Investors should focus on risk management, follow the bull run momentum, and diversify asset allocation to cope with potential fluctuations. Overall, the cryptocurrency market is at a critical turning point, with opportunities and challenges coexisting. 🚀