Market Highlights:

1. In the past 24 hours, the cryptocurrency market has seen a widespread decline, with Bitcoin briefly falling below $87,000, causing nearly 190,000 people to be liquidated, totaling $595 million;

2. The market's expectation for a 25 basis point rate cut by the Federal Reserve in January 2026 has dropped to 24.4%, putting pressure on risk assets and exacerbating the decline in the crypto space;

3. Starknet (STRK) and Sei (SEI) unlocked a large amount of tokens on December 15, and Arbitrum (ARB) will also unlock on December 16, with a total of over $300 million in tokens circulating this week;

4. Some cryptocurrencies have experienced extreme volatility: Mind Network (FHE) increased by over 45% in 24 hours, RaveDAO (RAVE) fluctuated by 33%, and Axelar (AXL) dropped by 14%;

5. The U.S. non-farm payroll data and unemployment rate for November will be released tonight at 21:30. $BTC $ETH #巨鲸动向