[Ark Invest: U.S. Market Liquidity Recovery May Improve Environment] On November 27, Ark Invest stated that U.S. market liquidity began to recover after hitting a multi-year low of $5.56 trillion on October 30. The government shutdown caused a liquidity loss of $621 billion, but $70 billion has flowed back into the market since the government reopened. It is expected that the normalization of the Treasury General Account over the next 5-6 weeks will bring an additional $300 billion back into the market. New York Fed President John Williams, California Governor Waller, and San Francisco Fed President Daly support rate cuts, with the market-implied probability of a near-term rate cut rising to about 90%. Ark Invest believes that quantitative tightening will end on December 1, and monetary policy will shift to a supportive stance.

[QCP: Bitcoin may face supply pressure at $95,000, with $80,000-$82,000 as key support] On November 27, QCP analysis pointed out that Bitcoin is currently holding steady above $89,000, with market risk sentiment improving and traders raising the probability of a December rate cut to 85%. Macro signals remain complex, with high inflation and weakening labor market data. This week, initial jobless claims and ADP non-farm employment data will be released. Capital flows in the crypto market indicate cautious sentiment, with continuous net outflows from Bitcoin spot ETFs. MicroStrategy's Bitcoin position is nearing breakeven, and its stock has been placed on MSCI's potential exclusion watchlist. QCP believes that Bitcoin may face supply pressure in the mid-$95,000 range, while $80,000-$82,000 remains a key support area.

[Bitcoin May Face ETF-Related Selling Pressure Around $95,000] Singapore-based crypto investment firm QCP Capital analyzed that Bitcoin has stabilized after a slight rebound. This recovery is related to an overall improvement in risk sentiment rather than being driven by specific factors within the crypto sector. The stock market has seen a slight uptick, with the market estimating an 85% probability of a rate cut in December. Inflation remains high, labor market data is weak, including a rise in unemployment rates, and statements from Federal Reserve officials have leaned slightly dovish. Crypto ETF funds continue to see outflows, with most digital asset products trading at prices below $1 per unit of net asset value, exacerbating market risk aversion. If Bitcoin's price rebounds to around $95,000, it may encounter ETF-related selling pressure, reinforcing the range-bound trend. The $80,000 to $82,000 range remains a key support level. Macro-driven factors continue to dominate the performance of the crypto market.

[U.S. Ethereum Spot ETF Records Net Inflows for 4 Consecutive Days, Reaching $60.8 Million Yesterday] On November 27, the U.S. Ethereum Spot ETF recorded a net inflow of $60.8 million, marking four consecutive trading days of net inflows. Among them, BlackRock's ETHA saw a net inflow of $50.2 million.

[Nexton Solutions Completes $4 Million Strategic Financing, Led by Danal] AI-native re-staking and arbitrage execution protocol Nexton Solutions has completed a $4 million strategic financing round, led by South Korean payment company Danal, with participation from Amber Group, Value Systems, Metalabs Ventures, Vista Labs, Outlier Ventures, Kaia Foundation, TON Foundation, STON.fi, and PayProtocol. Nexton Solutions is building a unified AI execution layer to automate cross-chain yield generation through core components.