According to online reports, QCP issued an analysis saying that Bitcoin failed to recover the resistance level of US$99,000, triggering a general market sell-off and pushing BTC back to a new low of US$95,600. Due to three consecutive days of decline, the outlook for cryptocurrencies remains uncertain. At the same time, in the latest development of Trump's relaxation of cryptocurrency controls, the U.S. Securities and Exchange Commission is reportedly reducing the size of its cryptocurrency enforcement unit. The move is expected to lead to the establishment of a new cryptocurrency working group and promote a more constructive relationship between the U.S. Securities and Exchange Commission and the industry. Tonight's release of the non-farm payrolls report will attract attention, and although options are biased towards bullish, market sentiment remains cautious.