The market is merely an extension of human nature, which is filled with flaws and selfishness.

Against the backdrop of extreme inflation and institutional collapse, Argentina has formed an underground financial system dominated by Jewish money houses and Chinese supermarkets, where ordinary people rely on "gray survival wisdom" to protect themselves amidst the chaos.

In the past seven days, approximately $800 million worth of 8,915 bitcoins have net flowed out from major centralized exchanges (CEX). Among them, Binance, Gemini, and Bybit have become the "main forces" in withdrawals. This phenomenon has occurred against the backdrop of Bitcoin's price retreating from its highs and complex market sentiment, sparking widespread attention: Are investors fleeing in panic, or are they quietly stocking up for the next rise?

Odaily special invited market analyst Conaldo, a master's degree holder in financial statistics from Columbia University in the United States, has focused on quantitative trading in U.S. stocks since university and has gradually expanded to Bitcoin and other digital assets. He has built a systematic quantitative trading model and risk control system through practical experience; he possesses keen data insight into market fluctuations and is committed to continuously delving into the professional trading field, pursuing stable returns. He will deeply analyze changes in BTC technology, macroeconomics, and capital flow every week, review and showcase practical strategies, and forecast recent significant events worth paying attention to for reference. Core summary of the trading weekly report: Last week's trading...

On December 5, 2025, the China Internet Finance Association and six other major financial industry associations jointly issued a rare "Risk Warning on Preventing Illegal Activities Related to Virtual Currencies." This document, with unprecedentedly clear wording and comprehensive prohibitions, has set an insurmountable red line for all business activities involving virtual currencies and emerging "real-world asset tokens" within the country. This is not an isolated industry warning. Just a week earlier, the People's Bank of China had just led a meeting with 13 participants.

In the market, the main force is destined to be the "invisible hand" of the market, but as long as we learn to identify the three major strongholds of the main force, we can to some extent see through the intentions of the main force, thus gaining an advantage in complex market conditions.

Mean Reversion of Super Speculative Cycles

According to the latest market data, the probability of the Federal Reserve cutting interest rates by 25 basis points at the upcoming December meeting has reached 88.4%. Behind this seemingly "set in stone" decision, there are intense policy disagreements within the Federal Reserve, the most severe in recent years. As the December interest rate decision approaches, market expectations for a rate cut continue to heat up. The probability of the Federal Reserve cutting rates by a cumulative 25 basis points by January next year is 65.4%, while the probability of a cumulative cut of 50 basis points is 24.8%.

BBX disclosed that last week, the global listed companies reported a cryptocurrency asset deployment scale exceeding 210 million USD.

Malaysia uses drones and thermal sensors to crack down on illegal Bitcoin mining, with 14,000 sites investigated over five years and electricity theft losses reaching $1.1 billion. The government has established a cross-departmental committee to enhance enforcement, and officials claim there may be organized crime behind it.

Zhao Changpeng suggests that the country should purchase Bitcoin as soon as possible; if Bitcoin rises to $100,000, it will liquidate $9.1 billion in short positions; the Federal Reserve may cut interest rates, presenting an opportunity for gold; the SEC will discuss cryptocurrency privacy regulation; a French bank has launched in-app cryptocurrency trading services.

The U.S. president\\\'s latest national security strategy focused on AI, biotech, and quantum computing.

Starting from 22:15, within 10 minutes, the price of ETH plummeted from $3028 to $2942, a drop of 2.83%.