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Good news:
- Market sentiment is still in an extremely fearful state.
- Michael Saylor's strategy, Metaplanet remains bullish and continuously buys a lot of $BTC.
- TomLee's Bitmine remains bullish and continuously buys a lot of $ETH.
- Cathie Wood's ARK Invest buys the dip, investing heavily in shares of crypto companies such as Coinbase, Circle, Bitmine, Bullish.
Bad news:
- The FED may not cut interest rates at the December FOMC.
- Investor confidence collapsed after the 1110 incident, and sentiment is becoming increasingly negative as the market continues to drop sharply.
- Institutional capital from Wall Street, Bitcoin & ETH ETFs is continuously flowing out.
- A large number of OG Whales (long-term) continue to sell $BTC & $ETH.
- Arthur Hayes continuously sells $ETH and top Altcoins $ENA $LDO $AAVE $UNI $ETHFI $BIO.
- Robert Kiyosaki, who has been urging everyone to buy Bitcoin and ETH for years, announced for the first time that he sold Bitcoin at $90k.
- Fears of an AI bubble are causing the stock market to fall, dragging Crypto down as well.