The Bank of Japan's rate hike impacts the global financial markets, with Bitcoin price fluctuating around $85.51K. It may retrace to $86K–$87K before rebounding above $90K. Institutional funds dominate the market, creating a false sense of a bear market and absorbing retail investors' chips. Bitcoin is expected to fluctuate within the $78K–$118K range in the future. It is important to grasp the best timing for short positions; shorting above $100K offers a good risk-reward ratio.

The crypto world has been regarded by many as the last chance to turn things around. But if you've been in this industry long enough, you'll realize a harsh reality: the stratification here happens faster and more ruthlessly than in any traditional industry.
The Logic of Monopoly on Top Resources
Recent industry events have made this division visibly clear. When top exchanges host events, they tend to favor a select few KOLs—offering private jets, five-star hotels, and opportunities to take photos with industry leaders. These "sponsored" opinion leaders then showcase these privileges on social media, with a clear underlying message:
We are superior to you.
Interestingly, the actual revenue source for exchanges comes precisely from those marginalized retail investors—known as "leeks." It is their trading fees and deposit flows that sustain the entire ecosystem's revenue. Yet, they have no say, no representation,

Technical Outlook: Downtrend Channel Forming
From the 1-hour candlestick chart, BNB's current price has dropped to $825.40, with the decline continuing to widen. The previously held key support level at $850 has been broken today, leading to a collapse of the bulls' defense.
Technical indicators are all weakening—MACD shows a death cross downward trend, trading volume has significantly shrunk, and these signs point in one direction: bears are taking control. Based on the current trend, if BNB cannot stabilize around $850, the next support level to watch is $800. If this line is broken, BNB risks heading straight to $750.
Looking upward, $910 acts as a short-term resistance level for a rebound, with $940 even further out of reach. Given the current weakness, the rebound potential is very limited.
News and Sentiment Pressure: Macroeconomic Uncertainty Rising
The Federal Reserve's policy expectations have shifted again, becoming a key factor in suppressing risk assets.

SOL current price $122.85, 24-hour change -0.42%. The market is currently at a strategic price level — this is not only a precursor to the bearish pressure zone but also a critical point for major funds to verify their bullish commitment.
On-chain and capital flow data interpretation
In the past 24 hours, SOL's on-chain performance has shown positive signals:
- Trading activity: Over 4 million trades per day, ecosystem activity continues to rebound
- Exchange capital flow: Reserves decreased by 2.3%, indicating large amounts of funds are continuously withdrawing and locking in to avoid passive selling
- Institutional positioning: Net inflow of over $210 million in the past 3 days, a clear signal of institutional capital entering
This data combination reflects a phenomenon: major market funds are quietly going long, with a strong willingness to lock in positions.
Major Capital Flow Direction Judgment
Based on signs of capital game theory, the main direction is clearly bullish. Capital

Recent mining regulation news has triggered market panic, with exchange net inflows exceeding 24,000 Bitcoins, indicating selling pressure. However, professional institutions are taking contrarian positions, which may suggest a market rebound. The current Bitcoin price has important support at 34,500-34,800. It is recommended to operate with threefold discipline and proceed cautiously. Short-term panic may be a prelude to medium-term opportunities.

According to TechFlow reports, the US financial industry has experienced a major data security incident. Mortgage technology provider SitusAMC was subjected to a cyberattack on November 25, risking the leakage of a large amount of critical customer information.
The scale of affected institutions is astonishing
This incident involves several top banks within the US financial system. Client data from financial giants such as JPMorgan Chase, Citibank, and Morgan Stanley are all under threat. As a key technological infrastructure provider for mortgage lending operations, SitusAMC's experience highlights the fragility of the fintech supply chain.
Industry’s deep reflection on data security
In response to this cyberattack, Ethereum co-founder Vitalik Buterin shared insightful views. He emphasized that "privacy is not a feature, privacy is a fundamental requirement," directly addressing the core issue in modern digital finance — user data protection.

Zhang Yiming reshaped the global short video market by founding ByteDance, with a personal net worth of $65.5 billion, making him China's richest person. Despite being at the peak of his career, he chose to resign as CEO to focus on long-term strategy and corporate culture development, demonstrating his pragmatism and vision.

Gwangju police in South Korea uncovered a scam called digital asset mining, which was actually an illegal gambling center. By disguising itself as a cryptocurrency mining facility, the suspects successfully evaded regulation. The case exposed regulatory loopholes in the cryptocurrency industry, calling for strengthened legal frameworks and inter-agency cooperation to protect investors.

Trinidad and Tobago has strengthened digital asset regulation through the "Virtual Assets and Virtual Asset Service Providers Act 2025," establishing a licensing system to protect investors and market order. However, industry stakeholders are concerned about the strict regulatory requirements, believing they may suppress blockchain innovation and the development of small service providers.

Why Cryptocurrency ETFs Are Transforming the Market
The digital asset market has undergone a significant transformation. While previously investing in cryptocurrencies required technical knowledge about wallets, private keys, and managing individual tokens, today new options are emerging.

The New Era of Integration Between Traditional Finance and Blockchain
Decentralized Finance (DeFi) is no longer just a playground for digital assets. With the large-scale influx of tokenized real-world assets (RWA), a brand-new market connecting the traditional financial world with the blockchain ecosystem is taking shape. This transformation is driven by a series of key players—including financial giant BlackRock's innovative products, liquidity infrastructure Curve Finance, and the stability-focused Elixir ecosystem—all building a bridge for TradFi to advance into DeFi.
BlackRock

In 2025, the Federal Reserve will hold 8 FOMC meetings, with the 4 meetings in March, June, September, and December called "Super Meetings," during which interest rate decisions, economic outlooks, and dot plots will be released simultaneously. These meetings are crucial for the global financial markets and investor strategies.