#Gate广场圣诞送温暖

Today is still a dull day, the market is not exciting, and Little Fortune will take you to review and analyze today's news inside and outside the cryptocurrency world:

1. Bitcoin fell back after breaking 88,000 USD this morning, while Ethereum briefly approached around 2900, and the total cryptocurrency market cap returned above 3 trillion USD.

Interpretation: It was previously mentioned that Bitcoin would experience a rebound when approaching the 80,000 integer level, mainly due to short covering after a significant decline, combined with the positive development of peace talks in the Russia-Ukraine conflict. The market has warmed up, but do not mistake the rebound for a reversal; the strategy remains to primarily short on rallies, whether with full or light positions.

2. The large A-shares fluctuated and closed in the red, with more than 4,200 stocks rising. European stock markets generally closed higher.

Interpretation: After experiencing last week's "Black Friday," both Eastern and Western financial markets have seen a rebound. Next, we need to closely watch the performance of the U.S. stock market tonight, as it will influence the short-term trends of Bitcoin and Ethereum, likely resulting in a direct copy and paste.

3. European Central Bank: The surge of stablecoins needs to closely monitor risks

4. The Federal Reserve is about to enter a blackout period, and the probability of a 25 basis point rate cut in December has risen to 69.4%.

5. SOL spot ETF has seen a net inflow for 19 consecutive trading days, with a total inflow amount reaching 510 million USD.

6. Altcoins are active, with Trust rising over 500% at one point over the weekend, and Pippin rising over 400%.

Interpretation: Recently, with Bitcoin and Ethereum performing poorly, some funds have flowed into altcoins, leading to this wave of altcoin season. This is also related to the rebound of Bitcoin over the weekend providing a breeding ground. In the next few days, it is not recommended for everyone to participate deeply in altcoin speculation, as a new wave of decline in Bitcoin may begin, and the speculation on altcoins may quiet down for a few days. Please pay attention to the risks.

Finally, I wish everyone to make money every day!