Last night, the US market sent out three consecutive signals, and many investors haven't reacted yet.

Let's start with the ADP employment data. The number of new jobs decreased by 32,000, which is indeed a larger drop than expected. Normally, weaker economic data would lead the market to bet on Fed rate cuts, but interestingly, rate cut expectations have actually shrunk a bit. There may be more complex strategic logic at play here.

What's even more noteworthy are the policy changes. Trump recently revealed that if he returns to the White House, he might adjust the Fed leadership, and even let Treasury Secretary Bessent lead the Economic Policy Committee. What does this mean? The tone of monetary policy could shift from "controlling inflation" to "stabilizing growth"—once expectations for monetary easing rise, capital flows will change significantly.

At the same time, the SEC chairman publicly stated that legislation related to cryptocurrencies will move forward at a faster pace. This is not just empty talk. Polymarket has reopened to US users, and the Solana spot ETF has quietly launched. Looking at these moves together, you can see a clear trajectory: compliance is accelerating.

Let's look at the current situation from another angle—the US economy appears somewhat sluggish on the surface, but in reality, it's paving the way for the institutionalization of the crypto market. Policy easing, capital expectations, and legal confirmation are all advancing in sync. Many people are still focused on short-term price fluctuations, but the bigger picture is already embedded in these policy signals.

So how should you respond?

Don’t stare anxiously at the intraday chart every day. What’s more important now is to plan ahead—look for assets with compliance expectations and the potential to launch spot ETFs, then wait patiently for the right moment.

Don’t mess around blindly. When the market is unclear, it's better to do nothing than to make rash moves; instead of chasing gains and selling at losses, it’s better to be prepared in advance.