Based on the current monthly return rate, Put-Call ratio, and exchange fund flow data:
1. Trend aspect: The bear market has established a continuous decline into Q4 2025 (especially with a 17.67% crash in November), breaking the bullish logic. Its pattern is highly consistent with the deep bear markets of 2018 and 2022. Statistically, this is a clear signal of an ongoing downward trend.
2. Valuation aspect: The Put-Call ratio has fallen back to 0.83 (<1.0) into the undervalued zone, indicating that bubbles have been squeezed out and assets have entered a "value undervaluation range." However,

"The Confession of Twelve Years as a Sucker: School Teaches You How to Be a Person, the Crypto World Teaches You How to Survive"
At three in the morning, I lit another cigarette. The Bitcoin on the screen is consolidating, resembling an electrocardiogram, just like the nerves that have been repeatedly tugged for these twelve years.
I just saw an essay written by a college student, complaining that the school didn't teach survival skills and turned them into "sheep". I unkindly laughed. College student, what you call "anxiety", I call "survival".
1. The biggest lie: hard work leads to wealt

This "Bitcoin Market Capitalization Reversal List" intuitively quantifies BTC's position among global core assets: it has currently surpassed Meta to hold above the "Trillion Dollar Club" and is in the process of catching up to Amazon and tech giants (progress approximately 40%-70%).
The core signal is that the market capitalization of BTC is only 5.79% of gold.
To achieve the vision of "digital gold," there is theoretically more than 10 times long-term potential for growth.

I just took a glance at the Spot capital flow data (Figure 1, Figure 2), and the current market condition is very typical—"cycle split".
1. The weekly chart is still experiencing a "massive loss" looking at the 7-day dimension (Figure 1), with the main force retreating extremely decisively. $ETH is a heavily affected area, with a net outflow exceeding $300 million in a single week, facing the heaviest selling pressure.
2. The daily chart shows a "band-aid" switching to a 24-hour dimension (Figure 2), and the bulls have started to work, with funds mainly replenishing $SOL
.
According to the cu

As 2026 approaches, the market will welcome a wave of intensive Token unlock peaks. To mitigate liquidity risks, a list of Token unlocks exceeding $5 million during the period from December 22 to January 31 has been compiled.
Mainly, the market liquidity may worsen during the holidays, coupled with high unlock amounts, which can easily lead to severe price fluctuations.

“Competition is for losers.” — This image condenses Peter Thiel's most counterintuitive business wisdom from *Zero to One*: instead of seeking slim profits through internal competition in the red ocean (from 1 to N), it’s better to find overlooked secrets through technological innovation and establish a creative monopoly (from 0 to 1).
The core rule in the book: first occupy a small, insignificant market, become the absolute dominant player, then expand outward. The essence of business is not about who can compete harder, but about who can be irreplaceable through uniqueness.

“如果你想躺平，你是否有最基本的安全垫？” 🛡️
Don’t rely on feelings, rely on data. I made a simple calculator to quantify your risk resistance ability. If you feel overwhelmed, just input and calculate.
No need for complex financial models, just understand this progress bar: as long as it’s not filled to 100%, your plan to relax is filled with risk.

Most traders are chasing the hottest sectors, switching tracks multiple times a day, thinking they are "riding the wave of the era," but in reality, they are just being led by emotions and running around blindly; only a very few stay calm—starting to quietly position themselves when the narrative is just beginning to emerge, avoiding chasing tops or risking everything, only investing in the cleanest, most beautiful, and most certain S-curve. When there is no market to trade, they don't panic; instead, they steadily dollar-cost average into BTC, ETH, and mainstream assets, letting time and comp

From the perspective of data distribution, $PUMP 's recent market behavior is not a true "consolidation" but more resembles a dynamic system under continuous external correction. Over the past month, the platform has been investing $1.1–$1.3 million USD daily in buybacks, maintaining an income coverage ratio between 93% and 107%.
In the context of a $3B market capitalization, this level of buyback activity is insufficient to cause an instantaneous price jump, but it is enough to continuously "resample" the bottom range, ultimately causing the low point trajectory to steadily move upward from $

This incident with Lan Zhanfei is by no means a typical “honey trap”; those petty scams don’t even come close to what’s really chilling here—this is a mature, industrialized black market operating on the knife’s edge of the economy. You think they're making money off seduction, but in reality, they profit from fear, violence, and from irrefutable chains of evidence that leave you powerless to resist. You imagine it’s just some low-level blackmail with a few compromising photos, but the other side escalates to pulling knives, forcing signatures, collecting saliva and hair samples, even extracti

A 40-year-old man falls in the snow. It looks like an ordinary, embarrassing moment for a ride-hailing driver, but the truly striking part is this: it’s not an isolated case of “grassroots hardship,” but rather the shared reality forced upon an entire generation of urban middle class as the social structure sinks. No matter what you’ve done before or what degree you hold, once your industry stalls, positions shrink, or your cash flow breaks, you’ll quickly slide into the same track of trading physical labor and time for money, with almost no buffer to slow your descent.
The greatest contrast i