4E: Market liquidity shortage has not recovered significantly, and risk assets continue to be under pressure

On December 30, according to 4E monitoring, last Friday's rise in US bond yields weighed on US stocks, with tech stocks, chip stocks, and AI concept stocks collectively falling, dragging down the US stock market on Friday, but the market closed higher for the week, with the S&P 500 index up 0.85% for the week, the Dow Jones up 0.35% for the week, ending a three-week losing streak, and the Nasdaq up 0.76% for the week. The cryptocurrency market continued to fluctuate and decline, with Bitcoin oscillating around the $95,000 level on the weekend, and starting a new round of declines last night, hitting a low of $93,000, a new low in nearly a week. The Bitcoin spot ETF turned net outflow of $287 million on Friday, with a cumulative net outflow of $376 million last week. During the market's fluctuating adjustment period, the performance of CEX platform coins was outstanding, and the hype around AI agents continued, with significant inflows of funds.