Macro market analysis on December 19, 2025 Brothers, in the afternoon, last night's CPI was significantly lower than expected and bearish. First it rose slightly, then hit hard again, and the market sentiment reached extreme panic. The reason is that hedge funds are concerned about Japan's excessive interest rate hikes. Just now, the Bank of Japan raised interest rates by 25 basis points as expected. It's okay too. I mentioned yesterday that Japan's interest rate hike has already been reflected in the price in advance, so there's no need to worry too much. During this period, we have seen significant fluctuations in BTC prices, with a wide divergence between long and short positions. Everyone is trading at a discount. Some people are selling frantically, fearing a drop of 60000, while others are buying frantically, constantly buying at the bottom. Anyway, in the long run, with the Federal Reserve's interest rate cuts in the year 26 and the BTC correction in place, cryptocurrency friendly policies are gradually emerging. However, the monthly trend is downward, and it is highly likely that there will still be a fluctuating downward trend. Yesterday, Zhao Changpeng said that he has recently had in-depth exchanges with more than ten governments on cryptocurrency regulation and industry development. It can be expected that more countries will develop the cryptocurrency industry in the future, and in a few years, the overall trend will definitely be positive. People have different feelings when they see different things in different environments. For example, what we see in a city, county, or village in China is different from the information we receive and the people we meet in Dubai, Thailand, New York, and Hong Kong. So there will be different feelings, leading to some people being pessimistic and bearish, while others are optimistic and bullish. The current suggestion is to sell BTC spot stocks in batches whenever there is a sharp drop and a rebound. Perhaps the best time to layout is when the market is in panic. In terms of contracts, only short-term orders are made, and there is no pattern! Analysis is only a friendly reference. Adults should take responsibility for their own decisions. Investment carries risks, so please do not take risks or impulsively think and judge independently!