12.05 Market Dynamics

1. BTC has been fluctuating, touching 94,000 and then starting to pull back. After dipping to around 90,800 in the early morning, it has now returned to 92,000. It's Friday, so let's see if there will be a small structural change;

2. ET seems to be stronger than Bitcoin, as Bitcoin started to pull back first while Ethereum maintained a high position for a while before it couldn't hold on and followed suit. Keep a close watch on this;

3. Sui: The first 2x leveraged SUI ETF has been approved by the U.S. SEC and is listed on NASDAQ;

4. JPMorgan: The decline in Bitcoin prices, combined with high electricity prices, has led to selling pressure from high-cost miners in the market;

5. BlackRock CEO calls BTC a "fear asset," holding 780,000 BTC;

6. The market expects a 94% probability of the Federal Reserve cutting interest rates in December;

7. Schwab and Citibank will offer BTC mortgages in early 2026;

8. The number of initial jobless claims in the U.S. for the week ending November 29 dropped to 191,000;#美SEC推动加密创新监管