12.09 Market Dynamics

1. BTC continues to fluctuate with a significant amplitude, between 89000-92000, and a small-level trend reversal is expected within this week;

2. ETH keeps receiving positive news, whether from DAT company continuing to buy or ETF applications, showing a stronger performance than before;

3. Strategy's CEO Phong Le stated that the company will continue to hold Bitcoin until at least 2065, adhering to its long-term accumulation strategy;

4. BlackRock transferred $78.3 million in Ethereum to Coinbase;

5. Gold reached a historic high, breaking $2800 per ounce;

6. Deutsche Bank predicts the Federal Reserve will cut interest rates by 25 basis points and signal a pause;

7. Bitcoin ETF attracted $352 million, XRP fund remains popular, and a Pakistani minister suggested including Bitcoin in the national reserves;

8. BlackRock submitted a prospectus for a staking Ethereum trust ETF, expanding its crypto products;