【】 Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today, the overall cryptocurrency market shows signs of rebound, but with high volatility. Bitcoin (BTC) has rebounded from its weekend low to above approximately $87000, with the total market value rising to around $3.06 trillion (up 1.4%). The Fear&Greek index remains in a state of "extreme fear" for 12 consecutive days. However, shallow liquidity, institutional capital outflows, and regulatory pressures continue to affect sentiment. 1. Bitcoin rebounds but structurally fragile: BTC rebounded 1.67% from Friday's low of $81000 to $87000, with Sharpe ratio close to zero (similar to market bottoms in 2019, 2020, and 2022), indicating a risk return signal. The weekend settlement exceeded $200 million, easing selling pressure, but analysts warn of a "fragile" market structure that may further test the support of $85000. 2. The US BTC spot ETF recorded a net inflow of $238.47 million on Friday, but accumulated outflows of $1.2 billion over the past four weeks. The short-term market rebound is supported by ETF inflows and macro expectations, but institutional outflows and liquidation risks still exist. Pay attention to liquidity indicators and key support levels. 3. Ethereum successfully breaks through 2880; Test Fibonacci critical pressure of 0.382, breaking through to near 2980 under pressure; Continue to focus on key pressure levels (3K 3.2K); BTC has also reached the psychological threshold of 88K, repairing the 1-hour rebound range and focusing on the stress zone (88K, 92K, 94K). Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Tencent Meeting: 6321551049 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

[SEC Investor Advisory Committee to Discuss Equity Tokenization and Other Topics on December 4, 2025] The U.S. Securities and Exchange Commission (SEC) Investor Advisory Committee plans to hold a virtual public meeting on December 4, 2025, to discuss regulatory changes in corporate governance, equity securities tokenization, and disclosure recommendations regarding the impact of artificial intelligence on issuer operations. The meeting will begin at 10:00 AM Eastern Time and will be livestreamed via the SEC official website.

[VanEck Updates BNB ETF Application, Removes Staking Option] On November 21, VanEck submitted the latest S-1 filing to the U.S. Securities and Exchange Commission (SEC), announcing that the BNB ETF will no longer offer a staking option. Upon listing, the ETF will not use BNB for staking activities, nor will it receive staking rewards or income. VanEck stated that removing the staking option may result in the ETF underperforming compared to directly holding BNB.

The digital-asset infrastructure provider will help secure and govern the Canton Network while expanding custody services for institutions.

[Paxos Acquires Crypto Wallet Company Fordefi for Over $100 Million] Crypto payment infrastructure company Paxos announced the acquisition of New York-based crypto wallet startup Fordefi for over $100 million. Fordefi specializes in designing crypto wallet solutions for decentralized finance (DeFi) and currently has approximately 40 employees, serving around 300 clients.