12.08 Market Dynamics
1. BTC started to rebound after breaking below 88000 in the evening, reaching nearly 92000 at night and currently oscillating around 90000;
2. A lot of big players are opening positions in ETH, and it's uncertain what positive news this week will bring. All I can say is that ETH is performing quite strongly, and there are indeed many big players willing to open positions;
3. The long positions of the 'whales' who opened short positions after the flash crash on 1011 have increased to 14,277 ETH, worth over 42.95 million dollars; I can see that many 'whales' have been liquidated;
4. Michael Saylor has once again released Bitcoin Tracker information, which may disclose accumulation data; Strategy has joined the Open Semantic Interchange standard OSI;
5. SEC head: the entire U.S. financial market may migrate on-chain within two years;
6. According to Cryptoslate, the SEC will hold a roundtable on cryptocurrency, financial regulation, and privacy on December 15;
7. If Bitcoin reaches $100,000, it will liquidate 9.1 billion in shorts;
8. Gold may welcome a historic year, and the Federal Reserve may cut interest rates;
