According to CryptoQuant data, before Trump's speech, Bitcoin, Ethereum and XRP funds surged into the exchange, indicating that investors were interested in cashing out. The single-block transaction volume of Bitcoin once reached 2,500 BTC, Ethereum flowed into the exchange at 80,000 ETH per hour, and XRP flowed into Binance in one hour to 130 million, far exceeding the previous level of less than 10 million per hour. In addition, Coinbase, the US has also observed an increase in Bitcoin deposits, especially funds from large holders. CryptoQuant pointed out that economic uncertainty has led investors to close long positions and take profits, and demand for Bitcoin and Ethereum in the perpetual futures market has declined. The market is currently focusing on the U.S. non-farm employment report to be released on Friday, which will provide insights into economic health status on job growth, unemployment trends and wage changes, or support a short-term rebound in the market.