Introduction: 1. The market sees the series of tariffs imposed by Chuanzi as a negotiation strategy, and the response is generally flat 2. The Russia-Ukraine conflict may usher in an escalation, and Chuanzi will provide billions of dollars of military equipment to NATO. 3. The House of Representatives voted on the CLARITY Act (Digital Asset Market Clarity Act) on Wednesday, and on the GENIUS Act (US Stablecoin Guidance and Innovation Establishment Act) on Thursday morning. 4. There has been a rare occurrence in ETF data, with BTC ETF outflow and ETH large inflow. On the 14th, without BlackRock data, BTC ETF outflow was 97.3 million and ETH inflow was 108 million 5. The pump drama ended, and the win thoroughly and gains of pump on the chain were 40%+, while those who failed to enter the hedge were lost