#美联储政策与人事变动# A detailed analysis of CoinShares' latest report indicates that the capital flow situation in the digital asset market this week is worth paying attention to. For the first time in 15 weeks, there has been a net outflow, with a single-week withdrawal of $223 million, which is quite significant. The Fed's hawkish signals and strong economic data seem to be the main triggering factors, especially with over $1 billion flowing out in a single day on Friday, reflecting a strong reaction. Bitcoin, as a barometer, saw the largest outflow of $404 million, showing its sensitivity to policy changes. However, there is still a net inflow of $20 billion year-to-date, indicating a relatively solid foundation. Ethereum's continuous inflow for 15 weeks is also a highlight, showing that some investors are still positioning themselves. Overall, the short-term market sentiment is cautious, but the long-term capital situation remains relatively stable. It is recommended to closely monitor the upcoming movements of the Fed and changes in economic data.