The market's copycat season still exists, but investors need to adjust their mindset and no longer rely on past success stories. New projects like Hyperliquid and Solana show significant gains, reflecting a trend of market re-pricing. Those who truly profit are traders who focus on new directions and adjust their strategies in a timely manner.

The Delaware Supreme Court reinstated Elon Musk's $139 billion compensation plan from 2018, ruling that he was treated unfairly. This move caused Musk's wealth to surge to $749 billion, and with rumors of SpaceX going public, his net worth also hit a new record. This reversal has increased market attention on him.

【CryptoWorld】SEI's recent trend is quite interesting. The price has broken below the key support level of $0.1206, and it might even continue to decline to $0.0689. At first glance, the spot market indeed appears somewhat sluggish.
But there's a detail worth noting — trading activity in derivatives is actually heating up. The 24-hour trading volume has reached $32 million, and open interest is also increasing. This is not a sign of market collapse; rather, it indicates that some traders are leveraging their bets on the direction, with a strong speculative atmosphere.
Additionally, large traders in the spot market remain very active, suggesting that major institutions haven't completely exited the market; they are quietly positioning themselves at critical levels. Momentum indicators have recently eased, and selling pressure is less intense.
The key is whether the rebound can break above $0.1261 — if it can surpass this level, it will give the market a boost, and potential signs of recovery will truly emerge. If it cannot break above...

【Blockchain Rhythm】Tether CEO Paolo Ardoino recently announced that the company is looking for talented mobile crypto wallet chief software engineers to join. This new wallet product will integrate AI-powered features, aiming to provide users with a smarter asset management experience.
According to official information, this wallet project will be built on the WDK technology framework. WDK is Tether's open-source wallet development toolkit, providing developers with a standardized development environment. At the same time, the wallet will also connect to QVAC—Tether's self-developed decentralized AI platform, which means users may gain access to more AI-assisted interactive features.
From the job postings, it appears that Tether is increasing its investment in mobile products and AI integration. This move indicates that traditional stablecoin issuers are actively exploring wallet ecosystems, trying

【Crypto World】Looking at BTC's recent 4-hour trend, it's quite interesting. From the candlestick pattern, the price slightly increased compared to the early hours of the 20th, but by 04:00 it pulled back a bit. Overall, it still shows a rebound compared to 8:00 PM on the 18th. The last candlestick is a bullish one, with the closing price above the opening price, but the body size is moderate.
What’s more noteworthy is the shrinking trading volume. The price is rising, but the trading volume is decreasing—this is a classic case of divergence between volume and price, indicating that the upward momentum is weakening. The MACD histogram has been in positive territory, but its width is gradually decreasing, showing that the bullish strength is clearly insufficient. The KDJ indicator currently shows no clear golden cross or death cross signals, remaining neutral with a KDJ value at 72.
From the moving averages perspective, MA10 continues to stay above MA30. Although there is still an upward trend, considering the divergence between volume and price and the shortening MACD, this rally might have a ceiling.
Currently, the technical

【Crypto World】The official Shiba Inu account badge with over 3.9 million followers suddenly disappeared, causing a stir in the community. Amidst this anomaly, various speculations arose—could it be a change in project priorities? The official account administrator later clarified that the badge removal was purely a "behind-the-scenes cost control" measure and not a strategic adjustment. They emphasized that this is a routine cost-saving operation and that a recovery process has been initiated. The badge has now been restored, but with an important change: all affiliate links have been removed to ensure the account's focus remains solely on the $SHIB token.
Good news followed one after another. Driven by the official launch of SHIB perpetual futures on a major exchange, the token price surged accordingly. As of the latest data, SHIB is quoted at $0.000007471, with a 24-hour increase of 1.12%. This market movement not only reflects the positive market response to the futures launch but also demonstrates the community's...

A responsible person from a major compliant platform issued a warning, stating that using blockchain anonymity for scams is unavoidable and that they have cooperated with law enforcement to dismantle a scam gang. Through blockchain analysis and law enforcement collaboration, the compliant platform has strengthened its crackdown efforts, providing investors with a safer environment.

Lighter tokens recently experienced a large transfer of 250 million tokens, sparking community speculation that an airdrop distribution is the most likely possibility, but there has been no official confirmation. Meanwhile, on the 13th of this month, a compliant platform announced its listing plan and contract address, increasing the project's attention.

The founder of Block Rhythm, Ki Young Ju, pointed out that analyst Tom Lee is a typical "perpetual bull," with a bullish to bearish view ratio of 10 to 0. Analysts need to maintain popularity within the industry ecosystem, occasionally show weakness to find balance, reflecting the dilemma faced by sell-side research.

Recently, Solana spot ETFs have performed well, with a net inflow of $3.57 million on December 19. The Bitwise SOL ETF had a single-day net inflow of $1.67 million, with total net inflows exceeding $617 million. The total asset net value reached $947 million, indicating ongoing interest from institutions and investors in the Solana ecosystem.

【Chain Wen】How deep is the obsession of bullish analysts? CryptoQuant's CEO Ki Young Ju recently made an interesting observation — he focused on the attitude change of Wall Street's well-known analyst Tom Lee.
This guy has been essentially a hardcore bull in the market, with a long-short ratio maintained at an exaggerated 10:0 for years. But this time, it's different. As the market adjustment risks become increasingly hard to ignore, he finally compromised a bit — acknowledging that a decline is possible, shifting the ratio to 9:1. This seemingly subtle change actually represents a significant attitude shift.
Ki Young Ju believes this may stem from the natural mission of sell-side research institutions — they must provide relatively balanced risk assessments, even if it makes the analysts feel somewhat awkward.
Interestingly, Tom Lee's internal fund research reports have given a completely different signal. They warn

A major trader performed exceptionally well on Hyperliquid, earning $24.04 million in the past month with a trading success rate of 94.1%. They hold 30,000 ETH, with a market value of nearly $90 million, and recently earned an additional $1.258 million. Their stable operations have attracted attention.

【区块律动】Farcaster生态又添新玩法——USDC借贷功能正式上线了。用户可以在Morpho平台借出USDC，轻松赚取5%的年化收益。
具体怎么操作呢？打开钱包页面，找到「USDC借贷」选项，存入你的USDC就能开始生息。最给力的是，这笔钱完全不被锁定，随时想提就提，灵活性杠杠的。
对于在Farcaster生态活跃的用户来说，这是一个不错的闲置资金增值途径。5%的收益率在当前DeFi环境中还是有吸引力的。如果你手里有USDC闲置，不妨试试。

BitMEX co-founder Arthur Hayes believes that the Federal Reserve's new reserve management purchase program is essentially quantitative easing, and expects Bitcoin to quickly rebound to $124,000, or even reach $200,000. The market peak is expected around March next year, with adjustments afterward, but the bottom will be higher than $124,000. He is also optimistic about the altcoin Ethena (ENA).

【Blockchain Rhythm】Yesterday, the Bank of Japan officially implemented its interest rate hike policy, and market risk sentiment significantly improved. The crypto sector responded with a rally, and many small-cap coins performed remarkably well.
Market data shows several noteworthy gains. LIGHT led the pack, surging over 70% in a single day, currently trading around $2.38, with a 24-hour trading volume of $68.8 million, indicating strong popularity. SOPH followed closely, up 40%, trading at $0.01644, with a 24-hour trading volume surpassing $116 million.
Meme coin "67" also did not lag behind, rising 38% in a single day, now priced at $0.028, with a trading volume of $11.49 million. RESOLV increased by 36.6%, trading at $0.0994, with a 24-hour trading volume of $161 million. WET rose by 35.3%, priced at

【Chain News】On December 20th, U.S. stocks today can be described as a technology dominated day. The three major indices each performed differently, with the Dow Jones Industrial Average rising slightly by 0.38%, but the weekly loss was somewhat awkward, totaling -0.67%. The Nasdaq was instead strong, with a single-day increase of 1.31%, and a weekly gain of an impressive 0.48%. The S&P 500 was in between, with a gain of 0.88% and a weekly increase of 0.1%.
Tech giants all performed well today. Oracle led the way with a rise of over 6%, Nvidia followed closely with nearly 4% increase, Broadcom was not to be outdone with over 3% growth, and Google saw a slight increase of over 1%. The performance of these tech leaders undoubtedly gave the market a boost.
What is even more noteworthy is the performance of blockchain concept stocks. Twenty One Capital (XXI) led the gains with a single-day increase of 7.62%. Galaxy Digital (GLXY) followed closely with a rise of 6.62%. C

Brevis (BREV) has recently been included in the listing plan of a compliant platform, attracting attention for its full-chain data proof platform built on zero-knowledge proof technology. The platform allows dApp developers to access and process data across chains without intermediaries, ensuring privacy and security, and meeting the growing demand for cross-chain data circulation.

The current 8-hour average funding rate for ETH remains at 0%, but there are significant differences in rates across exchanges, with negative funding rates appearing, indicating that short positions are stronger than long positions. Negative funding rates mean that shorts pay longs, effectively subsidizing long positions, which attracts traders to focus on rate differences for arbitrage.