The market is showing mixed signals. While some traditional assets like USDJPY, Nikkei 225, and TOPIX are showing bullish trends, Bitcoin is in a downward spiral. There are concerns about ongoing inflation and its potential impact on interest rates, as suggested by US labor market data and consumer sentiment. The Federal Reserve's next moves will be crucial in determining the market's direction. Institutions are showing a cautious optimism, but retail sentiment might be influenced by economic uncertainty.