#数字资产市场洞察 How many people got trapped in that decline? An earlier analysis mentioned that the 2955 level was worth paying attention to, but it still couldn't hold. This wave of adjustment came a bit suddenly, and many people probably didn't react in time. The bearish candle erases the previous gains, and this kind of market truly tests patience. It seems that precise timing is not that easy—miss a small detail, and the entry point can be completely different.

Recently, I’ve seen many traders discuss the issue of funding rates, especially the setting of settling every hour. Honestly, at first I was a bit confused—what’s the point of such frequent fee settlements?
Thinking it through, there’s actually some reasoning behind this mechanism. First, high-frequency funding rate settlements can better reflect the real-time supply and demand in the market. Perpetual contracts essentially allow longs and shorts to balance prices through funding fees— the party paying the higher rate has to pay the other side, which automatically drives the price back toward

#美联储降息 The Bank of Japan Rate Hike Countdown: This Time Really Is Different
Tomorrow, the Bank of Japan will announce its interest rate decision. Everyone is waiting for this historic moment—the first rate hike in nearly 20 years, signaling the end of the negative interest rate era.
But the focus this time isn't really on whether they will raise rates or not, but on what happens afterward. Industry insiders generally believe this is just the beginning, and the pace of future rate hikes by the BOJ still has many uncertainties.
What are the two most critical variables? One is whether domestic wa

#美国证券交易委员会推进数字资产监管框架创新 The Federal Reserve Chair succession game heats up, with the crypto-friendly camp's probability surpassing others
The latest market odds show that Hassett's chances of winning the election have overtaken Wacht, making him a hot favorite to become the next Federal Reserve Chair. What does this reflect? — Traders are betting on a decision-maker who understands crypto better and is more proactive about cutting interest rates.
Why is the market reacting so strongly? The core points boil down to two:
**More Money**
Hassett is generally seen as dovish, meaning he favors rapid

#大户持仓变化 The gold market has been quite volatile recently. In mid-December, gold prices surged first, then were hammered down, briefly breaking through $4,300 before immediately pulling back, finally settling around $4,307. Domestic jewelry brands like Chow Sang Sang also adjusted their prices, dropping from high levels to 1,349 RMB per gram. Chow Tai Fook and other major brands have temporarily stabilized.
Regarding the 2025 gold price outlook, it’s indeed quite aggressive. From breaking $3,000 at the start of the year, surpassing $4,000 mid-year, to an increase of over 60% this year, such a

#大户持仓变化 prediction accuracy is truly incredible—95.4% hit rate, which is top-tier in the entire history of crypto market analysis.
Compared to traditional financial institutions' forecasts, very few can consistently maintain this level of precision. This data is valuable whether you're tracking the movements of $BTC, $ETH, or $SOL.
Whale activities have always been a market indicator. The higher the accuracy, the greater the decision-making reference value.

A trader has recently been very active, placing a long position of over 4,250 ETH, more than 25 times the position size, on Ethereum within just 8 hours, with a total exposure reaching $12.57 million. Behind this move is a new deposit of $1.2 million as margin support.
From the data, the average entry cost for this position is around $2,941. However, the risk is equally clear — the liquidation line is set at $2,710.2, meaning that as long as Ethereum pulls back by less than $300, forced liquidation can be triggered.
The appeal of leveraged trading lies in the potential for quick gains, but thi

#大户持仓变化 Last night, Bitcoin's movement was quite strong, precisely hitting the first predicted support at the 2088 level, which was quite rewarding. Friends who kept up with the rhythm truly made a profit this time. The fluctuations of $BTC also provided many trading opportunities, and some people have already started to reap the benefits.

After the US non-farm payroll data was released, the market reaction was a bit lukewarm. I initially thought there would be a more intense rally, but it turned out like this that night.
To be honest, it’s really hard to grasp the direction of major cryptocurrencies right now, but don’t miss out on opportunities in smaller coins. A couple of days ago, I woke up to find an extra $25,000 in my account, which was due to catching those overlooked assets.
For friends who are unsure about the market, it’s a good idea to look into those low-profile projects. Sometimes, popular coins don’t necessarily

#以太坊行情技术解读 $BTC is currently showing a weak trend and faces short-term pressure. Here's an interesting phenomenon: during a bull market cycle, you can't really see a downtrend; conversely, in a bear market cycle, the upward movement also appears particularly weak. In simple terms, the power of the cycle is so strong. The same logic applies to $ETH's performance; it depends on which stage the market is in.

Bitcoin's performance these days has been truly dramatic. Just earlier, everyone was shouting to push towards $100,000, and then it suddenly did a "high-altitude jump," crashing straight down to $85,000 in mid-December. In just a few days, the total market capitalization of the crypto market evaporated by over $100 billion, and those friends who confidently bought the dip have all become "trapped investors." On social media, it's all about "When will this bottom finally come?"
I've been in this circle for 8 years, and today I’ll be straightforward—this wave of decline wasn't triggered by a sin

#大户持仓变化 $SKY Spot Analysis | 20251216 23:00 UTC
Recently, SKY has been quite interesting. Over the past day, the price has surged significantly, supported by several driving forces worth analyzing.
**Ecosystem is gaining momentum**
Sky Protocol is expanding its RWA (Real World Asset) strategy, backed by support from the Solana ecosystem — just this investment alone has poured in $500 million. This level of funding injection has immediately boosted the project's market presence. Meanwhile, the protocol-level buyback program is also ongoing, having repurchased over 5.55% of the total SKY supply,

Recently, everyone has been watching the Federal Reserve and inflation data, but don't overlook a more direct trigger— the Bank of Japan.
According to expectations, the Bank of Japan will raise interest rates on December 18-19. This seemingly routine move actually tends to stir waves in the crypto market each time. The last two rate hikes have been lessons in blood: after the July rate hike last year, Bitcoin fell by 26%; another one in January this year resulted in a 25% drop.
Why does it have such a big impact? Essentially, it's the backlash of arbitrage trading. Many investors borrow in yen

#大户持仓变化 $DASH After this round of operation, it's another scene. The orders lurking at low positions have unknowingly doubled, and at that moment when the close position button is pressed, the heart is filled with the reassuring feeling of taking profits.
Nothing else, just fast. Fast in and out, in other words, grasp the rhythm, neither greedy nor impatient. Act on signals, and after the profits are credited, enjoy a good sleep.
This is the rhythm that trading should have—clean and decisive, earn what should be earned, rest when it's time to rest. Good night everyone🛌

U.S. November employment data just released, and the market is once again caught in a new round of speculation.
The official figures look pretty good—adding 64,000 jobs, exceeding expectations. But a closer look reveals some issues: the unemployment rate jumped to 4.6%, the highest in four years; wage growth slowed to 3.5%, showing clear signs of weakening. More importantly, October non-farm payrolls were significantly revised downward, dropping by 105,000, the largest decline in five years. Retail sales stagnated, and signals of economic slowdown are becoming more evident.
Traders reacted qui

#大户持仓变化 Short positions have been hunted again. In this wave of market movement, the longs who were shorting have definitely swallowed a bitter pill—their positions have been completely wiped out. It seems the market is still so ruthless; those who are greedy will get beaten.

#美国非农就业数据表现强劲 From 3 million to 600,000 that night, I finally understood three things
Leverage is a knife, altcoins are fireworks, and stop-loss is the last bottom line
During the phase in Shenzhen's Baishi Zhou in 2018, I turned 300,000 yuan into 3 million through sheer effort. At that time, I truly thought the dream was within reach. But three Christmas candles directly brought me back to reality—lost all 600,000. In three days, from peak to trough. At that moment, I realized that the saying "persist a little more and you'll break even" is the most gentle trap.
**Lesson One: Leverage is not

$PIPPINThis wave of market activity, some traders want to do some small operations—using bots to run funds fee arbitrage to break even, but when the market drops, they get liquidated directly by risk control, and this experience is indeed frustrating. Someone complained that the risk control department seems to be specifically targeting this type of strategy, but the real issue lies in the funds fee itself—when it rises so ridiculously, the risk control system will naturally act early to protect the account. If you really want to stabilize arbitrage funds fee, instead of blaming risk control,

#美国非农就业数据表现强劲 Ethereum's upward momentum is still ongoing, especially with the advancement of privacy feature upgrades, which has the potential to boost activity across the entire altcoin sector. Coincidentally, the latest US non-farm payroll data performed well, and market expectations for interest rate cuts have also increased accordingly. Such macroeconomic positive signals often inject a lot of enthusiasm into $ETH and cryptocurrencies like $DOGE, $ZEC . Currently, based on the patterns across multiple timeframes, it is indeed worth continuing to monitor the subsequent market performance.

#美联储降息 $RAVE participants have only recently started building positions. Many traders predicted from the start that it would break below the key support level of 0.26. The real opportunity to buy comes when it actually breaks down and a significant correction occurs. Whether it's popular coins like 牛头 or BEAT, the logic is similar — only after a sharp decline does the rebound gain strength. This round of market movement depends on who can stay calm and dare to buy during the most panic-stricken times.