Goldman Sachs warns that in the coming weeks, commodity trading advisor (CTA) funds may sell off up to $80 billion worth of stocks, triggering systemic risk. Goldman Sachs' trading division stated that CTA funds have issued a sell signal for the S&P 500, potentially liquidating $33 billion within a week. Deteriorating liquidity and increased short gamma positions amplify volatility risks, posing spillover threats to macro-sensitive assets such as Bitcoin, gold, and silver.

Cai Jiamin, at 12 years old, only had 20 HKD for lunch money and studied the Mark Six lottery, hoping to win 8 million. At 16, he was liquidated with leverage, losing 40,000 to zero; at 19, he experienced another loss of 150,000. Transitioned to quantitative trading, turning millions into hundreds of millions from 2021 to 2023 (20x). During the 2022 bear market, he made a 240% profit from short selling. Using CTA strategies, the drawdown reached 20%-30%.

In Brief Cross The Ages has launched the alpha phase of its Arise RPG on the Epic Games Store, expanding its transmedia Web3 universe with immersive gameplay. Transmedia Sci-Fi fantasy Web3 universe Cross The Ages (CTA) announced the launch of the alpha testing phase for its highly

Goldman Sachs warned that the S&P 500 index officially fell below the highly watched technical level of 6,725 points, and this breakdown is equivalent to triggering a sell signal for trend-following hedge funds, which may lead to the dumping of nearly $40 billion in stocks over the next week. (Background: The correlation of Bitcoin with U.S. stocks surged to a three-year high, "2025 gains completely pulled back," can Halving and DAT save the crypto market?) (Additional context: Goldman Sachs and Morgan Stanley both warn: U.S. stock valuations are too high, and a pullback of at least 10% may be faced!) According to a Reuters report, Goldman Sachs, in an analysis report submitted to clients on November 20, pointed out that the S&P 500 index officially fell below the highly watched technical level of 6,725 points on that day, and this breakdown is equivalent to triggering a trend-following.