OK, the market is developing rapidly Friends who trade cryptocurrencies still don't realize the horror of transaction fees; they even look down on these fees, not knowing that frequent trading fees can also amount to a significant cost: they may even exceed your principal. Open the Binance APP -- Funds -- Contracts -- Today's Profit and Loss -- Funding Fees and Trading Fees, and you can see your fees for the past year. For high-frequency contract traders with large positions, your fee expenses exceeding your principal may only take a month. So you must open a commission rebate; the fees that should be refunded must be taken back. If you don't open for fees, all the fees go to the market. If you open for commission rebates, the fees are returned to your own account, saving you at least a few hundred to a thousand U in fees each month.
BTC strictly adheres to the four-year halving bull market rule, with the bottom generally appearing about one and a half years after the peak of the bull market. This round of bear market is estimated to reach around 38000 in March next year, starting bottom fluctuations. (There will be at least two major institutional crashes in between) In the entire year of 2027, complete a fluctuation range of 35000 to 47000, about 34.29%, and begin to rise. After the fifth BTC halving around April 20, 2028, there will be another one and a half years of bull market. Live well until March next year (the first level starts to warm up after reaching the bottom).
This is the analysis price given by Tom Lee's analysts to internal clients when the market is at a high point in December, and it will drop by 10 - 20% from there.
大聪明FOMO版本
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Although Tom Lee is betting on Bitcoin and Ethereum reaching new highs in January, his own fund Fundstrat, in its latest 2026 cryptocurrency strategy advice to internal clients.
Indicates that in the first half of the year, cryptocurrencies will experience a deeper correction, with target prices of:
BTC 60000 – 65000 ETH 1800 – 2000 SOL 50 – 75
He believes that when this price range appears in the first half of the year, it will be the best entry point, as it will provide highly attractive layout opportunities for the second half of the year.
Although Tom Lee is betting on Bitcoin and Ethereum reaching new highs in January, his own fund Fundstrat, in its latest 2026 cryptocurrency strategy advice to internal clients.
Indicates that in the first half of the year, cryptocurrencies will experience a deeper correction, with target prices of:
BTC 60000 – 65000 ETH 1800 – 2000 SOL 50 – 75
He believes that when this price range appears in the first half of the year, it will be the best entry point, as it will provide highly attractive layout opportunities for the second half of the year.
$BTC The market probably won't reverse that quickly. You might think it's because a large holder is going to sell or because everyone wants to sell coins for the New Year, but it's actually just the external liquidity of the dollar being sluggish. Don't think too highly of yourself; the U.S. economy and employment data do not support aggressive rate cuts. The remaining term of old Powell is just garbage time, so be patient and hang in there... $ETH
Stunned! Just now, 1.3 trillion 'bloodbath'! U.S. Treasury Secretary, suddenly a bombshell!
Today, Bitcoin once plunged nearly 8%, falling to around $70,000. The world's second-largest cryptocurrency, Ethereum, once dropped over 8%, falling below $2,100. The third-ranked cryptocurrency, XRP, once plummeted over 10%, reported at $1.42. The entire virtual currency market capitalization plummeted nearly 7%, bringing the total market value to around $2.48 trillion, with a daily loss of approximately $186 billion (equivalent to nearly 1.3 trillion RMB). So, what exactly happened? Previously, U.S. Treasury Secretary Scott Minuchin hinted that the U.S. government would not bail out cryptocurrencies. This may have been the trigger for the virtual currency market crash. Subsequently, well-known investor Michael Burry warned that the continued decline in Bitcoin prices could 'trigger a death spiral, leading to a massive collapse in value.' This led to the unleashing of selling pressure.
Compound interest is the eighth wonder of the world
In a downtrend, any effort seems pale, whether in spot, futures, or on-chain. Now, holding back from bottom fishing at the shutdown price of Bitcoin really tests one's will, and during the upward process, not selling is even more challenging. Just now, Grandpa Baoye said in the group: Be bullish but don't go long, be bearish but don't go short. The words are simple, just like I know all 26 letters, but understanding requires a lifetime, with different insights at different stages. This also applies to life attitudes; at different ages, the answers to this question are certainly different. Currently, I have not reached the age of confusion, and what I can think clearly is:
This wave of silver is so reminiscent of the greed of you in every era
$XAG Binance has launched silver futures contracts to meet the series of demands from cryptocurrency enthusiasts. In 2025-2026, the precious metals market exploded—silver staged a 'silver surpassing gold' miracle, soaring 146% within the year of 2025, and rising another 57% in less than 30 days at the beginning of 2026, with spot prices breaking through the $117/ounce mark, and the gold-silver ratio in the London market falling to a 13-year low of 46.99. The overwhelming voice is shouting 'physical shortage': the demand for silver in photovoltaics, AI, and new energy vehicles has surged dramatically, and there isn't enough silver! Many people around me are hoarding silver bars and coins with the mindset of 'waiting another ten years if I miss out,' but as someone who personally experienced the silver crash in 2011, I look at the frenzy in front of me and feel a chill down my spine—this scene is eerily reminiscent of the speculative script of the Hunt brothers half a century ago, and it replicates the painful lessons I learned back then.
Today let's talk about AI. AI progresses in three steps: ANI, AGI, ASI. They represent specialized AI, general AI, and super AI respectively. Currently, our stage of AI development is ANI. That is, AI can only solve problems in a specific domain, such as search, medical testing, coding, and so on. AGI is general intelligence, capable of solving various complex problems like a human. How difficult is AGI? To give a simple example, intelligent driving is only a two-dimensional problem, and it only solves the issue of avoiding collisions. Nevertheless, intelligent driving has taken over 10 years to barely get on the road. AGI needs to solve problems in three-dimensional space; it must interact with the real physical world, making judgments, reasoning, thinking, and performing very precise physical operations in various complex environments. This is absolutely not comparable to a remote-controlled robot like Yushu. Fei-Fei Li once said that AGI will take at least 10 to 20 years. The founder of Google also recently mentioned that AGI will take decades to achieve. ASI is super artificial intelligence, which surpasses humanity in all aspects. Therefore, this stage could be a disaster for humanity, and it is very distant; we won't discuss it today. AI at the ANI stage can significantly improve productivity. But the current market pricing for AI is aimed at AGI, like Tesla's Optimus, which is definitely not a general robot. It can only be ANI. So when ANI cannot deliver the enormous productivity of AGI, the bubble will burst. When Tesla's Optimus robot fails to meet people's expectations and sales are far below Musk's hype, the market will return to rationality.
Let us assume history repeats itself: Chart 1 (January 2022): This is a textbook bearish flag continuation pattern. Previously, $BTC experienced a sharp decline (flagpole pattern), followed by a rebound within a narrowing volume in an ascending channel (flag pattern). At that point in 2022, this pattern ultimately ended in a breakout, leading to the subsequent deep bear market drop. Chart 2 (from November 2025 to present): The current structure is very similar to 2022. Likewise, after a sharp decline, the price entered a slowly ascending parallel channel or wedge structure. In both charts, the price is clearly suppressed by the upper moving average (MA). These moving averages are diverging downward, forming dynamic resistance levels. As long as the price cannot effectively regain and hold above the key moving averages, the trend will still be dominated by bears.
BTC funding structure has undergone significant changes:
Compared to $88,000, the Long Gamma is gone, replaced by Short Gamma; $90,000 still maintains Long Gamma, but GEX (options Gamma risk exposure) has dropped from $1.2 billion to the current $590 million, nearly halving.
This means that the support force generated by the funding structure in the $88,000-$90,000 range has significantly weakened. In contrast, the GEX at $92,000 has reached as high as $1.4 billion, and BTC's volatility will be amplified.
From the URPD data, the chip structure has not changed significantly, with a large amount of chips still accumulated in the $87,000-$92,000 range; therefore, this remains the strongest support zone currently, not easily broken.
However! If extreme circumstances occur that lead to this range being breached, then the probability of BTC filling the "gap" below will greatly increase. According to the laws of the "dual-anchor structure," the midpoint is around $72,000-$74,000.
Trump waved the tariff stick at European allies, and Bitcoin plummeted below $93,000.
Interestingly, gold and silver hit record highs. What does this indicate?
When the United States has fundamental conflicts with traditional allies, Bitcoin exposes its "American asset" nature, relying on the stability of the dollar system. Meanwhile, gold, as a "stateless" asset, has become the true safe-haven choice.
Perhaps Bitcoin needs a "de-Americanization" revolution to break free from the gravitational pull of the dollar and return to its decentralized essence that serves all of humanity.
The "2025 China High Net Worth Population Financial Investment Demand and Trend White Paper" released by Hurun shows that there are 6 million net asset families in China, with 5 million households having net assets of 5 million, 2 million households having net assets of 10 million, and only 130,000 households having net assets of over 100 million.
So, to all the friends in the crypto circle
Treasure your USDT Manage your finances well and earn well.
The answer that Duan Yongping didn't tell me helped me complete the most important cognitive leap in recent years.
6 years ago. I asked Duan Yongping a very silly question on Xueqiu: An intuitive feeling is that the post-90s generation around me no longer drinks Baijiu, or rather, the dining culture of young people around round tables has disappeared. I think this is the biggest risk for the entire Baijiu industry. I wonder what you think?
Duan Yongping's answer was very direct: I don't have much of an opinion; I don't drink Baijiu myself, and I haven't seen many young people drink Baijiu. And later he also added that he opened a bottle of Moutai, and he hasn't finished it in a year...
More than 5 years have passed, and recently Duan Yongping is no longer keeping a mystery; he has been frequently appearing in public and has also mentioned his holdings. He has been buying more and more Moutai stocks. According to public data, he has accumulated 19 million shares of Moutai, equivalent to about 27 billion yuan.