Bloomberg Strategist: Bitcoin may fall back to $10000, risk reward structure has changed On December 17th, Bloomberg Intelligence strategist Mike McGlone stated that Bitcoin is facing pressure to return, and it is expected that the price may fall back to nearly $10000. Strategy founder Michael Saylor recently stated that he can't afford to buy Bitcoin with money he can't afford to lose. McGlone pointed out that the emergence of ETFs and recognition from US leaders have been realized, and the number of cryptocurrencies on CoinMarketCap has reached 28 million, indicating a change in the short-term risk return structure.

[CryptoQuant Analyst Indicates Bitcoin Nearing the $81,500 Average Cost Price Threshold] CryptoQuant analyst MorenoDV_ pointed out that Bitcoin's current price is nearing the average purchase cost of approximately $81,500 for investors. If it breaks below this psychological threshold, it could turn into a sell-pressure zone. The market sentiment indicator AVIV ratio shows that Bitcoin is in a consolidation phase with low volatility, and investors are adjusting their positions. If the price holds above $81,500 and the AVIV ratio remains stable, the trend is likely to continue; however, if it falls below this level, confidence may weaken and the price could further decline.

[Two Matrixport-Linked Wallets Deposited 4,000 BTC to Binance Today] Lookonchain monitoring shows that two wallets linked to Matrixport deposited 4,000 BTC to Binance today, with a total value of approximately $348 million. Earlier today, Matrixport deposited 1,000 BTC to Binance, valued at $86.9 million.

BitMine currently holds 3.86 million ETH, and despite the emergence of safe haven signals in the market, BitMine continues to accumulate this asset. （Cointelegraph）

[A newly created wallet withdraws over $16.92 million in assets from Binance] A newly created wallet withdrew assets from Binance, including 5,770 ETH ($16.92 million), 9,870 LINK ($125,590), 140.62 AAVE ($26,030), 1,950 UNI ($9,900), 75,450 POL ($8,440), and 9.99 COMP ($270).