Today the market sentiment is extremely low, the Fear and Greed Index is only 29, clearly everyone is still anxious, and many people haven't recovered their investments yet, probably hoping for a quick rise.

What’s new in the crypto world today? The total market capitalization of cryptocurrencies has exceeded $3.17 trillion, but Bitcoin's dominance is still high, accounting for 58.5%, definitely the 'big boss'.

The Federal Reserve has cut interest rates by 25 basis points, but Trump thinks it’s not enough, probably still hoping for more cuts to stimulate the economy.

There’s another piece of news, when SpaceX was doing equity sales, they included the data center plan, this operation is a bit puzzling, not sure what they are really up to.

Speaking of opinions, although Bitcoin is still the leader, I feel its dominance is showing a downward trend, perhaps altcoins will rise next and push the market upwards.

The Indian government is increasingly strict on crypto enforcement, and has launched blockchain evidence collection training, it seems they want to tightly regulate the crypto market.

OETH prices are quite volatile, this fluctuation could trigger liquidations exceeding $2.2 billion, that number sounds frightening.

The U.S. Congress is also busy, planning to advance cryptocurrency regulation legislation, and aims to publish a draft this weekend, if this is really published, the crypto market is likely to undergo significant changes.

Also, Trump has started interviewing candidates for the Federal Reserve Chairman this week, currently, Hassett seems to be in the lead, not sure what impact it will have on the market if he becomes the Federal Reserve Chairman.