The first day of December! plummet market is washing my face 🤧🤧
Everything stems from a "tip-off": Federal Reserve Chairman Powell will announce his resignation at an emergency meeting scheduled for Monday at 7 PM Eastern Time, triggering a surge in market risk aversion.
According to verification, Federal Reserve Chairman Powell will indeed deliver a speech at a commemorative event this Tuesday at 9:00 AM (Beijing time), although the specific topic of the speech has not yet been disclosed. Notably, Trump stated this morning that he will soon announce his next nominee for the Federal Reserve

Musk predicts: Future energy will be hard currency, and Bitcoin is formed based on energy.

Crypto Assets total market capitalization evaporated 140 billion dollars in the past 4 hours.
Data shows that the total market capitalization of Crypto Assets has significantly declined in the past 4 hours, with a daily evaporation scale of up to 140 billion USD.

Latest news: 🇺🇸 The probability of the Fed cutting interest rates at the next FOMC meeting on December 10 is 87%.
Bullish🐂

The price of Bitcoin has surpassed $90,000, driven by market expectations of a rate cut by the Fed in December.

MicroStrategies’ new bullets are here: collateralize BTC!
Following earlier this month, Japanese MicroStrategy Metaplanet has once again used part of its BTC holdings as collateral to obtain a new cash credit line.
Including this loan amount, a total of $230 million has now been borrowed, which will be used to purchase more BTC in the market.
Collateralize BTC, obtain cash, and then use it to buy more BTC.
The next wheel for MicroStrategies is starting to turn.

Whales are quietly buying in as Bitcoin prices drop.

After dovish comments from Federal Reserve officials, the probability of a rate cut in December jumped from 30% to 71% in a single day.

What does the Fed's December rate cut probability surge overnight mean? Historical trends and insights
① The rate cut expectation jumped from 30% to 65%, indicating that market consensus is shifting from "wait-and-see" to "certainty of easing," and the liquidity turning point may have arrived ahead of schedule.
② This rapid shift in expectations is often triggered by key macro signals: weakening employment data, declining core inflation, or dovish language from Fed officials.
③ Historically, when the probability of the first rate cut surpasses 50%, bond yields typically decline in advance, and

💥Breaking News:
🇺🇸 1-year inflation expectations 👇
Actual: 4.5%
- Forecast: 4.7%
Inflation expectations are expected to cool down, which is positive for the market.

🚨Breaking News:
🇺🇸 The Federal Reserve still believes there is room for rate cuts in the near term.
Bullish on cryptocurrency!

Tom Lee admits that the recent sell-off is partly due to market makers damaged by the 1011 incident, and not just one.
These market makers' balance sheets have shown significant deficits, requiring more available funds to be replenished. As a result, they will instinctively shrink their holdings, reduce trading, and sell tokens.
And once the prices of mainstream cryptocurrencies continue to fall, they will have to sell even more tokens to ensure they have some cash reserves on hand.

Tom Lee and his analysts: Ethereum is still in its early stages, and they believe its Supercycle is about to arrive.
Now is a once-in-a-lifetime historical opportunity to buy the dip, whether it's BTC, Ether, or SOL.
Still optimistic about the market during this period before the end of the year.