1. China's military has stepped up its presence near Scarborough Shoal, deploying naval and air forces around the territorial waters they claim. Scarborough Shoal is a key strategic stronghold, and experts warn that if they continue to hold on, it could lead to a bigger conflict.

2. Putin called the Ukrainian government a neo-Nazi regime without legal authority and accused it of forcibly recruiting citizens into the army

3. Bernstein analysts predict that MicroStrategy $MSTR will own 4% of the total Bitcoin supply by the end of 2033, and they expect it to be worth $830 billion

4. Let’s talk about Germany. German investors’ current economic situation assessment has dropped to -91.4, which is the same as the 2020 crisis and financial crisis. Investor confidence has been negative for 36 consecutive months, and Germany has fallen into recession (Figure 1)

5. According to the Financial Times: Lagarde urged European leaders to cooperate with Trump on tariffs and buy more American-made products, warning that a fierce trade war could destroy global economic growth

EU purchases of US goods change neither the EU imbalance nor the US imbalance, in this case they do not reduce the EU surplus or the US deficit, they mostly just shift EU imports from one set of goods to another

6. The two largest economies in Asia (China and India) are very interesting. It would be embarrassing to be pessimistic about India's future development at this time! You can zoom in on the picture (Figure 2)

7. Fitch Ratings says China's real estate downturn could last until 2025, while the U.S. prepares to restrict Chinese chips but falls short of early proposals

8. According to China Securities Journal, as of November 27, more than 161 mainland China listed companies and their shareholders have obtained loans for stock repurchase or increase in holdings, with a total amount of more than 37.39 billion yuan.

9. Some people point out that unless the United States establishes a strategic reserve of Bitcoin $BTC and purchases more than 1 million BTC, this cycle will be no different from the historical cycle.

10. Ethereum ERC20 $ETH #ETH🔥🔥🔥🔥 The stablecoin market value has just hit a record high, showing strong confidence and growing liquidity (Figure 3)

11. Bitcoin whales are buying like never before #Bitcoin❗ #BTC☀️ (Figure 4)

12. An interesting thing is that Freysa is an artificial intelligence#AIthat has cryptocurrency worth $40,000. No matter what the tester says, she will not hand over her cryptocurrency. Do you think that in the future AI will be able to think like humans and use cryptocurrency?

If you have any questions about the content, please feel free to leave a comment (see picture: comparison of this cycle and previous cycles)!