On December 9, 2025, in the afternoon, global risk assets performed cautiously.

A-share market: Overall performance was modest, with major indices fluctuating narrowly. The CSI 300 ESG benchmark index rose slightly by 0.09%, while the STAR Market 100 index fell by 0.39%. The hotspots were scattered, with Zhongji Xuchuang (+6.94%) leading the gains, while heavyweight stocks like CATL and Kweichow Moutai saw slight adjustments.

Cryptocurrency market: Overall slight fluctuations, with $BTC consolidating and $ETH showing a slightly stronger trend. The core logic of the market is waiting for the Federal Reserve's interest rate decision early tomorrow morning, in a "waiting mode."

Common characteristics: Both markets lack a clear main line, with capital rotation and cautious trading sentiment. The global market focus is concentrated on the upcoming Federal Reserve policy signals. #A股一飞冲天 #ETH走势分析