12.06 Market Dynamics
1. BTC's small structure 📉 is said to have directly crashed the market price, and the news is hard to understand; let's wait for opportunities over the weekend with lower volume;
2. ETH's overall cycle is still quite strong, now still above 3000, let's see, after all, many people are saying that BE trends are different;
3. U.S. September core PCE fell short of expectations, giving the Federal Reserve a green light for further rate cuts;
U.S. Bank: The market may quickly digest expectations for the Federal Reserve's rate cut in January;
4. CoinShares: The DAT bubble has basically burst, which may support the market if the macro environment improves;
5. ETH's recent pullback has caused significant profit-taking, increasing liquidation risks;
6. Strategy transfers 6536 BTC to Fidelity, with 28% of holdings already custodied by Fidelity
