Recently, the price of Bitcoin pulled back to the level of $111,100, attracting market attention. At the same time, the chairman of the U.S. Securities and Exchange Commission (SEC) stated that the regulation of the custody and trading of crypto assets has become a key focus area. This move, while causing some investors to feel uneasy, may actually bring long-term favourable information to the cryptocurrency market.

From a regulatory perspective, the SEC's focus on custody and trading this time is not intended to suppress the crypto market, but rather to pave the way for institutional funds to enter the field. In the past, many institutional investors were deterred from crypto assets due to compliance risks and concerns about the safety of funds. After the SEC clarified its regulatory direction, it essentially provided a certain level of assurance to institutional investors. As long as relevant regulations are followed, client assets are properly managed, and trading is compliant, institutional funds can participate in the market with greater peace of mind. The influx of institutional funds will help enhance the liquidity and stability of Bitcoin, which is undoubtedly a long-term Favourable Information.

In terms of Bitcoin price, the recent pullback to around $111,100 is not a "crash signal"; rather, it could be a buying opportunity. From a technical perspective, this price level is an important support level from earlier, and many long-term investors have their cost prices located here, thus it has strong support. Additionally, the market's expectations regarding SEC regulatory measures have largely been digested, making it more difficult for bears to further suppress the price.

For experienced investors, this may be a time worth following. Bitcoin often rebounds after hitting support levels, but investors should still closely monitor market movements and not enter blindly.

It is worth noting that regulation is not aimed at investors, but rather a necessary path for the maturity of the market. The pullback of Bitcoin to $111,100 may provide investors with a good entry opportunity. However, investors should still act cautiously and avoid putting all their funds in; it is wise to retain enough capital to cope with potential risks.

With the continuous improvement of the regulatory environment and the gradual influx of institutional funds, the crypto assets market is expected to welcome new development opportunities. Investors should closely follow policy trends and market dynamics, seizing investment opportunities under the premise of manageable risks.