Trading Moment

: Bitcoin 92000 long short game, Oracle and Moore threads drag down AI sector The Federal Reserve's interest rate cuts and expectations of easing have driven up precious metals, with spot silver hitting a historic high, but weak US labor market data has raised economic concerns. The Central Economic Work Conference of China has set the tone for 2026, which will implement a proactive fiscal policy and a moderately loose monetary policy, with a focus on expanding domestic demand and technological innovation. The price of Maotai has fallen below the key psychological threshold of 1499 yuan, with a cumulative decline of over 30% within the year, causing market concerns about a vicious cycle in the channel. The artificial intelligence sector is experiencing a pullback, and AI stocks are generally facing profit taking pressure. Oracle's stock price plummeted in a single day and its market value evaporated significantly due to lower than expected growth in cloud business and a significant increase in capital expenditure guidance. Mole Thread, the first domestic GPU stock, issued a risk warning after its stock price soared, stating that the new product had limited impact on short-term performance and the stock price subsequently fell sharply. The long short game in the cryptocurrency market saw Bitcoin fluctuate between $92000 and $94000. On chain data shows that selling pressure has eased, and some believe in its potential for rebound. However, bearish forces remain strong, and the market lacks confidence in breaking through $100000 by the end of the year. Ethereum is experiencing emotional differentiation, with ETF funds flowing back and technical pressures coexisting. The key support levels are around $3150 and $2800, and the future trend largely depends on whether Bitcoin can break through. Terraform Labs founder Do Kwon was sentenced to 15 years in prison for fraud, causing LUNA and other related tokens to plummet by nearly 30%. Note: The data is for reference only and is not a financial recommendation, DYOR