Market Review and Important Information:

Last night, U.S. stocks opened lower and continued to decline, experiencing a dip during the day, ultimately closing with a shadowed bearish candle, ending a four-day bullish trend.

The December candlestick retraced to the moving average support area. The Bitcoin spot ETF had a net breakthrough of $367 million yesterday, while the Ethereum spot ETF saw a net inflow of $27.5 million. Bitcoin rebounded sharply to around 97,500 points during the Asian session but experienced a significant drop in the U.S. session, reaching a low of around 93,500 points, later stabilizing and oscillating around 94,500 points, consistent with the volatility range mentioned in yesterday's research report.

Ethereum saw a sharp rise to 3,545 points in the Asian session but then experienced a significant drop, again falling to around 3,300 points in the U.S. session. Yesterday's performance largely matched the expectations outlined in the research report, with key support and resistance levels effectively validated. #加密ETF申请热潮涌现 #GMT热度飙升 #币安Alpha公布第8批项目 #FlokiETP流动性提案通过 #加密市场调整

I am a long-term bear. If you are unsure about how to position yourself currently, feel free to reach out to me for a discussion!