[Gate Ventures: Year-End Position Adjustments Dominate Market Sentiment, Structural Narrative Sectors Relatively Outperform] Odaily Planet Daily News – According to the latest crypto weekly report released by Gate Ventures, the sensitivity of the crypto market to risk changes has increased due to year-end capital adjustments and shifts in macroeconomic expectations. The Fed cut interest rates by another 25 basis points and released dovish signals, providing liquidity support, but overall risk appetite remains cautious, with mainstream assets maintaining range-bound fluctuations. In terms of market performance, Bitcoin fell 2.47% for the week, while Ethereum remained largely flat, with the ETH/BTC ratio slightly rebounding. However, the Fear and Greed Index remains in the "Extreme Fear" range, reflecting weak short-term sentiment. Amid the overall pressured environment, certain narrative sectors stood out. Mantle surged nearly 18% during the week, boosted by news of AI trading and liquidity collaboration. Meanwhile, developments such as the launch of Solana Firedancer on the mainnet indicate continued progress in Web3's underlying performance and interoperability infrastructure. In the venture capital space, total disclosed funding for the week slightly declined to $188 million, with capital primarily concentrated in infrastructure, artificial intelligence, and liquidity abstraction sectors. Gate Ventures noted that as macro uncertainties and year-end rebalancing continue to influence market behavior, the crypto market may remain range-bound in the short term. Projects with clear use cases, sustained demand, and relevance to infrastructure-level developments are expected to be better positioned to attract ongoing capital attention.