The cryptocurrency market, under various pressures of narrative disproof, has begun to go all in on prediction markets. It is said that this industry has almost nothing to do with blockchain technology; the CME futures exchange and traditional casinos have long since played this out. In my opinion, as long as it is not an innovation of native assets in the cryptocurrency circle, it is just old wine in a new bottle, and I am not optimistic; at most, it will be a speculative endeavor. But now that the market is so bearish, whether it can generate sentiment is also a question mark.

Last night, BTC continued to diverge from U.S. stocks and gold, with ETFs still seeing net outflows. In light of gold's historical high, digital gold seems a bit lamentable. There are too many bad actors in this reservoir of BTC; central banks and institutions seem reluctant to take over BTC.

Today is Christmas Eve, and the outside world has begun to take a holiday. With the decrease in liquidity, will it be ambushed by the bears? #加密市场观察 $BTC

BTCUSDT

Perp

90,479.3

-2.22%