Trump rang the opening bell at the New York Stock Exchange, celebrating being named "Person of the Year" by (Time) magazine.

Chinese investors woke up to a magical scene of "sell everything" again:$BTC

- All three major U.S. stock indices fell, with the Dow Jones index declining for six consecutive trading days;

- U.S. Treasury yields have fallen for the fourth consecutive day;

- Bitcoin has fallen below $100,000;

- Gold has fallen below $2,700;

- U.S. crude oil has fallen below $70;

- Only the dollar has risen for the fifth consecutive trading day.

It's somewhat ironic that Trump was just named "Person of the Year" by (Time) magazine, and yesterday he rang the opening bell at the New York Stock Exchange, where cheers of "America" erupted. That day, Trump said to the camera, for me, the stock market is everything, very important...

· First, the event that triggered the market shift last night was the PPI for November being higher than expected (unexpected acceleration), leading people to reconsider whether the Federal Reserve would pause interest rate cuts. There are only 7 days left until the Federal Reserve announces its rate decision in December, and it is expected that around Monday the Federal Reserve will communicate through the media. Just last night, BNP Paribas released its outlook for 2025, predicting that the Federal Reserve will remain on hold throughout 2025, meaning that after the Federal Reserve's hawkish cut of 25 basis points next week, there will be no further cuts in 2025.

· Second, news from important Chinese meetings has arrived. Overnight market sentiment may affect today's performance in the Chinese market, making it difficult for people to assess the true market view.

· Third, there was news yesterday that Trump had invited the Chinese side to attend his inauguration ceremony, which triggered yesterday's optimistic market sentiment. Today, the media reported follow-up news that may have a delayed impact on market sentiment.

Now, all eyes are on the performance of the Chinese market, and every move of the Chinese yuan and A-shares will be magnified.#加密市场反弹