**[Fed Minutes Become Next Week's Market Focus, Precious Metal Prices Hit Record Highs]** Despite the holiday closure of external markets due to Christmas, gold, silver, and platinum prices have all reached record highs, continuing the strong year-end rally in precious metals. With New Year's Day approaching next week, global financial market liquidity is expected to remain at low levels, and trading volumes will be significantly below normal. The opening trend for 2026 may have to wait until the second week of January. Key events attracting market attention include: - Tuesday (December 30) at 03:00, the Federal Reserve will release the minutes of its monetary policy meeting. - Wednesday at 21:30, U.S. initial jobless claims for the week ending December 27. - Friday at 22:45, the final reading of the U.S. December S&P Global Manufacturing PMI. Due to the Christmas and New Year's holidays, there are no scheduled public speeches by Fed officials or major central banks next week. The Fed's December meeting minutes will become the focal point, as investors look for clues about the timing of rate cuts and policymakers' views on inflation.

Michael Saylor stated that global capital will flow into the Bitcoin network and set a long-term goal to reach a total of 21 million bitcoins by 2046. （Bitcoin Archive）

On December 27, according to HyperInsight monitoring, the 'BTC OG Insider Whale' holds a total of $745.72 million in long positions on BTC, ETH, and SOL, with an unrealized loss of $52.26 million and has paid $3.1369 million in funding fees. The specific positions are as follows: - Long $595.42 million in ETH, entry price $3,147.39, unrealized loss $44.57 million; - Long $87.42 million in BTC, entry price $91,506.7, unrealized loss $4.08 million; - Long $62.88 million in SOL, entry price $130.19, unrealized loss $3.72 million.

[Top ZEC Long Position on Hyperliquid Shows $4.949 Million in Unrealized Gains] On-chain analysis reveals that the top-ranked address holding a long position in ZEC on the Hyperliquid platform currently has unrealized gains of $4.949 million. The address holds 48,000.89 ZEC, with a total value of approximately $24.62 million, and the opening price was $409.87 per ZEC. This position has been open for some time, with funding fees amounting to $80,000. The last time additional positions were added was on December 15.

[Sonic Updates ETF Token Plan: Executed When S Price Exceeds $0.5, Scale Not Exceeding $50 Million] Sonic Labs has released an announcement updating the ETF token allocation plan. The ETF quota will only be minted when the S price exceeds $0.5, with a maximum issuance of 100 million tokens and a total value not exceeding $50 million. The announcement specifies that the tokens will be locked within regulated products and will not enter secondary market circulation. Previously, the Sonic community had approved a governance proposal authorizing up to $50 million worth of S tokens for a potential U.S.-listed ETF. However, due to a weakening market environment and declining prices, Sonic Labs has decided to temporarily postpone the original plan. The team stated that a U.S.-listed ETF remains a long-term strategic priority, and future adjustments will be advanced through the governance process.