#美国证券交易委员会推进数字资产监管框架创新 Do you remember the days in the crypto world? A daily fluctuation of four digits was nothing unusual, and thousand-point level swings were commonplace. Compared to now, the market rhythm is clearly different—declines reaching around 4000 points, and rebounds around 6000 points. But to say that thousand-point volatility has become history? Not quite, just that the frequency and magnitude are much more moderate. From the early frenzy to the current relative rationality, this probably also reflects the market's own maturation. Especially with the regulatory framework gradually improving, the price fluctuations of crypto assets are already seeking a new balance.