According to online reports, Zhou Lele, deputy chief operating officer of Shengli Securities, issued an analysis saying that the risk of macro and high-level negative shocks in the cryptocurrency market has passed, and the risks are more focused on expected cashing. For example, the US "Department of Government Efficiency"(DOGE) led by American entrepreneurs Musk and Ramaswamy,$DOGE (DOGE) increased by only 5.7% after media reports, while the US announced the election results by 83%. Last week, the net inflow of over-the-counter bitcoin ETFs was US$1.67 billion, and the holdings of exchange contracts and CME contracts remained high, but the Funding rates fell by half. Therefore, it is clear that the short-term direction of bitcoin is not one-sided, and the bears are also accumulating strength.