The Financial Supervisory Service of South Korea announced its work plan for 2026, which will conduct special investigations into high-risk areas of the virtual asset market, focusing on cracking down on price manipulation behaviors such as "large whales". It will develop AI analysis tools for second-level and minute-level analysis of abnormal surges, introduce a punitive fine system, and strengthen CEO safety responsibilities, while also establishing a preparation group for the "Fundamental Law of Digital Assets". The tightening of regulations increases market uncertainty, with investors significantly raising their compliance requirements. Trading platforms face stricter scrutiny, and short-term market sentiment is cautious. It is recommended to avoid high-volatility trading in the short term, pay attention to compliance progress, and wait for regulatory policies to clarify before making decisions. In summary, $BTC is bearish in the short term.