Today's market is desperately testing the 80,000 mark. According to convention, every Monday can almost determine the market trend for the week; unfortunately, with the interest rate meeting coming up, we cannot easily draw conclusions. Most friends after reviewing the data feel that the current trend does not match the influx of funds. Strive has increased its holdings to 50,000 BTC, the number of Solana chain tokenized stock holders has surpassed 1.5 million, last week the net inflow for the BTC spot ETF was $442.67 million, and the net inflow for the XRP spot ETF was $4.25 million. Seeing many large institutions buying, the performance of ETFs is also a reflection of purchases, but the inflow of these funds does not reflect in the price, which is quite intriguing. This is the uniqueness of the cryptocurrency space; large funds may not flow through exchanges and on-chain, but rather utilize cold wallet technology for private transactions. Waiting for the right moment to flow into one’s own wallet will synchronize the data. It is even more needless to mention ETFs; perhaps they haven't bought any at all, but simply purchased corresponding products, and require time for differentiation. Not everyone who buys an ETF directly buys Bitcoin.

Returning to the short-term fluctuations, many friends feel that the current market is not suitable for trading after watching Lao Cui's analysis. Lao Cui does not intend to convey this mindset; it’s just that currently it’s not suitable for mid-term layout strategies; short-term operations can easily capture 1,000 points. Mid-term layouts must avoid high-risk messages like interest rate meetings and mid-term elections. Different decision-making will lead to different outcome orientations; for instance, the short position near 85,400 that Lao Cui laid out earlier will find opportunities to exit recently, while the short position of 0.5 BTC at around 84,700 will continue to be held, as the liquidation point is above 140,000, which is not concerning. Recently, anyone wanting to short can still maintain this short-term operation, as long as the profits are not overly magnified, there shouldn't be too much of an issue. The take profit and stop loss positions must carry the same risk; for example, if everyone operates short, desiring a take profit of 1,000 points, the stop loss might need to be the same or even lower. Under the pressure of news, the risk is substantial once it reverses, and there is a great possibility of a sharp rally before another dive.

Lao Cui summarizes: users who are trapped in previous short positions may consider exiting in the near term. For previously placed short positions near 80,000, there may be opportunities to exit a wave once releases occur. Wait until all news settles before making further choices. It’s worth reminding everyone that financial reports in the crypto space are not very reliable. For those actively involved in U.S. stocks, you can pay attention to company earnings reports, which usually won’t contain too much fluff. Don’t place too much faith in earnings reports from companies like MicroStrategy; the volatility in December will depend on what kind of reports technology companies can release. This relates to next year and their earnings situation; companies like SK Hynix and SanDisk have already started to show signs of collapse. Can this transmit to the crypto space? This question does not require much deliberation; the final transmission will surely arrive. As long as Bitcoin breaks below the 80,000 mark, a new round of contention will naturally form, and the next bottom space will be around 74,000. As long as these two pieces of news align, 74,000 will certainly only become a mid-term support point. Afterward, new lows will also form; for the new lows ahead, Lao Cui won't make any predictions for now. Overall, mid-term layouts are temporarily abandoned, and short-term income is based on 1,000 points, with the potential for rebounds at any moment; everyone can rest assured that Lao Cui will be watching the Federal Reserve meetings closely, and will notify everyone of any significant moves.

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