[U.S. Bureau of Labor Statistics: October CPI canceled, November CPI to be released on December 18] The U.S. Bureau of Labor Statistics announced that the October Consumer Price Index (CPI) report will not be released, and the November Consumer Price Index (CPI) report will be released on December 18.

JPMorgan warning on potential MSCI exclusion sparks fresh pressure, prompting another public response from the executive chairman.

[CZ Says May Have Influenced Bridgewater Founder to Allocate Bitcoin] CZ posted on the X platform, stating that he may have played a role in Bridgewater founder Ray Dalio's decision to allocate and purchase Bitcoin, and mentioned that he has also learned more from Ray Dalio. Ray Dalio previously disclosed that he holds a small amount of Bitcoin long-term, accounting for approximately 1% of his investment portfolio.

The launch lands amid steep drawdowns in bitcoin and ether, adding risk around timing for highly leveraged ETPs.Retail flows continue to favor equity ETFs even as crypto-focused funds see sharp outflows.

[Analysis Suggests $82,000 as a Key Level for Bitcoin Bulls, Breach May Trigger Accelerated Decline] On-chain data analyst Murphy pointed out that, based on Bitcoin's Unrealized Price Distribution (URPD), a total of 64,334 BTC were sold within the cost range of $88,000 to $89,000 over the past three days. The current market decline is primarily driven by the sell-off of recently acquired high-price positions, while long-term profit-taking positions and high-price trapped positions are not the main contributors to the sell-off. The analysis suggests that part of the decline stems from short-term funds hitting stop-loss levels, but a larger factor is the amplification of short-term volatility caused by derivatives market makers' trading mechanisms. The options net premium heatmap indicates a significant amount of Put selling in the $82,000 to $87,000 range. When BTC approaches $82,000, market makers need to buy BTC to establish a bottom support structure. However, if BTC falls below $82,000, market makers may be forced to sell spot positions for hedging due to increased risk exposure, potentially leading to accelerated declines.