Do Kwon's sentence finally confirmed—The Southern District of New York Federal Court sentenced the founder of Terraform Labs to 15 years in prison on Thursday. This sentence is heavier than the 12 years requested by the prosecution and significantly exceeds the 5 years sought by the defense. After all, the scale of the Terra and Luna collapse was significant, and prosecutors played both the "previous misconduct" and "massive fraud" cards.
Market reaction? To be honest, it was quite straightforward. On December 12, Terra ecosystem tokens collectively plummeted: LUNA dropped over 11% in a single

#数字资产生态回暖 【Market Brief】Bitcoin is once again at a critical crossroads, with bulls and bears engaging in intense battles near $91,000. According to market data, current short positions amount to approximately $2.5 billion, while long positions are around $1.5 billion, placing the two sides in a delicate balance.
The next direction is quite clear: if Bitcoin rises above $94,830, the $2.5 billion short positions face a risk of concentrated liquidation, and the market could enter a parabolic bullish trend; conversely, if it drops below $85,906, the $1.5 billion long positions' survival space will

#美联储降息 Bitcoin's current performance doesn't seem to be giving any particular signals. From a cyclical perspective, the price has shown a decent initial rebound at the .382 Fibonacci retracement level—which, in theory, is also a low point that can be reached without breaking the weekly structure.
Personally, I see a clear invalidation point in the higher timeframes. If it breaks below the November low, the bulls will really be in danger. As we approach the end of the year, the voices talking about 'four-year cycle sell-offs' should gradually fade away.
What interests me most is the first quart

The key figure in the Luna ecosystem, Quan Daoheng, was sentenced to 8 years in the first trial today.
This matter has always attracted a lot of attention in the community, after all, Luna's collapse back then had a huge impact, and many investors are still trapped. Now that the verdict has been announced, it marks the end of this unresolved dispute.
From the market reaction, many analysts believe this is a case of "bad news fully priced in" — the legal uncertainties that people were worried about have been resolved, and the decline has already completed, which might even serve as an opportuni

Ethereum's current bullish setup is just in time. On the four-hour chart, the ascending channel framework has been perfectly established—each pullback continually raises the lows, and the highs are breaking through layer after layer. This kind of structure is very solid.
Simply put, every downward correction is an opportunity to get on board. The key support level is around 3140, a price zone that has been tested multiple times, ensuring strong defense. If entering long positions, the stop-loss can be placed just below the support, controlling risk.
The upward target first aims at the 3260-330

The Commerce Minister publicly blasts the central bank governor—such a fiery scene has recently unfolded in Washington.
Howard Lutnick bluntly criticized Federal Reserve Chair Jerome Powell on CNBC, believing that current interest rate policies are way too conservative. His words were quite straightforward: "Interest rates should have been cut long ago. Powell's reaction is too slow, as if he's afraid of taking responsibility—managing the world's largest $30 trillion economy can't be so cautious."
Lutnick's logic is simple: the economic data is quite good now, with GDP up 4%, so why maintain h

Can any senior brother give a quick explanation about the big shot Ma Ji? It feels like he's become a legendary "contrarian indicator" in the circle.
Recently, a popular strategy has emerged—watching Ma Ji's holdings and doing the opposite. Honestly, this idea is quite bold, but it seems that someone has actually made profits using this strategy? Is this brother's fund pool bottomless? It feels like his U tokens are endless.
Anyway, being an "anti-indicator" is quite a skill. How about we also try to follow the contrarian approach? Just for fun, see if we can catch some good luck. ETH's recent

Recently, something quite interesting happened in the crypto circle—Bhutan, this small country at the foot of the Himalayas, suddenly announced it will issue an official gold token, TER.
Why is this worth mentioning? Because it might be the world's first gold token truly endorsed by a sovereign nation.
In the past, gold tokens like PAXG and XAUT we’ve encountered were essentially issued by private institutions. Although they claim to be 1:1 backed by gold reserves, they are still private operations, and the risk of de-pegging always exists—just like USDT, no matter how big it gets, theoretical

#数字资产生态回暖 The Truth Behind the Central Bank's Rate Cut: Hawkish on the Surface, Liquidity Still Flowing
Recently, the Fed's actions have been quite interesting. On the surface, a 25 basis point rate cut sounds pretty impressive, but it also sends a signal: next year, the rate hike pace may slow down, so don't expect a continuous "feeding" spree. What’s the result? The market is digesting this "hawkish" stance while also discovering that the Fed is holding a big move—purchasing $40 billion worth of US Treasuries monthly starting from 2026.
What does this mean? Simply put, one hand is pressing t

The rate cut in December has finally landed, but the market atmosphere feels a bit nuanced.
A major central bank indeed cut rates by 25 basis points this time, bringing the interest rate range to 3.50%-3.75%, which seems quite routine. But if you carefully read the new wording in the policy statement—"future adjustments will consider the magnitude and timing"—that’s basically saying, "Will we cut again? Let’s see."
Even more interesting, the internal voting resulted in three votes against. Such a public rift is quite rare. The dot plot is more straightforward: there may be only one rate cut ne

#以太坊行情技术解读 There have been some movements in recent position adjustments. The long-term Bitcoin long positions were closed for profit last night. I originally wanted to notify immediately but forgot to include it when closing the short-term positions together. On the other hand, the Ethereum long positions are still held in my hands. Looking back, Ethereum indeed has the potential to push higher — I made nearly 2000% profit during the most exciting moments before, and I am still in profit now. However, I feel a bit uncertain—thinking I might not be able to hold on if it goes further up.
Just n

Next one or two months, there are several key time windows to watch closely.
December's schedule is quite packed: on the 16th, the November unemployment rate and non-farm employment data will be released. Last time, the unemployment rate stayed at 4.4%, and this time, expectations are still unclear; on the 18th, the November CPI will be announced, with both previous values and market expectations still a mystery; on the 19th, the Bank of Japan will hold its monetary policy meeting. The last time, the base rate was maintained at 0.5%, and how they will adjust it this time depends on their weigh

Last night, the Federal Reserve finally acted—25 basis points cut, yes, they cut.
But look at their expressions? So hawkish it’s terrifying. The expectation of rate cuts next year has been directly cut in half. Where’s the supposed easing?
They talk tough, but in their hand, they’re holding a candy—$40 billion repurchase plan. The market was stunned—what kind of show is this?
BTC’s reaction is the most honest: from $94,000 crashing down to $89,000, all positive news exhausted, revealing true colors in a second.
Do you think it’s over?
Bro, this is just the beginning. The real thunder is still

#美联储联邦公开市场委员会决议 Why Did the Crypto Market Retrace Significantly After the Fed Cut Rates? Is This Really the Time to Be Bearish?
After the Federal Reserve announced rate cuts and launched a monthly purchase of $40 billion in short-term Treasury bonds, the market experienced a noticeable correction. Bitcoin retraced its gains within 12 hours, and many began to worry about a reversal. But a closer look at this drop reveals a different picture.
**Why the Sudden Drop? Three Key Signals**
First is the concentrated profit-taking. The rate cut had been widely anticipated, with data showing a 95% proba

This wave of ETH, either take off or go to zero. I've already gone all in, and there's no turning back.

#数字资产生态回暖 Bitcoin Evening Technical Analysis
Currently, the price is stuck around 90061, not far from the lower Bollinger Band at 88911. This lower band is not just a random level; it is a solid technical support—every time the price touches this level, the bears start to run, and the bulls are eager to buy the dip. Indicators have already entered the oversold zone, and a rebound is highly likely. From a technical perspective, this is a buying opportunity.
The idea is simple: establish long positions between 89500 and 89000, and consider taking profits when the rebound reaches around 91500$BTC

$BTC Do you remember the crash in 2018? I lost 50 BTC back then. Now it seems the Federal Reserve is back to its old tricks—printing money, secretly expanding the balance sheet. History doesn’t repeat, but it often rhymes.
At this time, stablecoins have become a safe haven. USDD 2.0 is now pegged at 0.999, even more stable than some exchanges’ withdrawal speeds. It has undergone five security audits (CertiK and ChainSecurity have both reviewed it), and top exchanges also recognize it—definitely more reliable than those no-name projects.
Let’s talk about some practical stuff: The PSM mechanism

#美联储降息 $BTC $ETH $SOL
Why is leveraged trading so "addictive"? Even though many people know they might get liquidated, some still keep rushing in.
Honestly, it all boils down to two words: pleasure. The core appeal of leveraged trading is "small money leverages big money"—throw in some margin, and you can control positions dozens of times larger. When the market rises sharply, the numbers in your account jump wildly—it's like getting a pie in the sky, who can resist?
Plus, the crypto market itself is a volatility machine. In traditional stocks, you can only wait for a rebound when prices fall,