🚨 Last Night’s Crypto Flash Points — Get the Market Focus in 1 Minute!
1⃣ $BTC, $ETH, $SOL plunged, with SOL relatively stronger. U.S. stocks rose then fell, dragging the entire crypto market down. NVIDIA closed lower. On Polymarket, the probability of no rate cut in December climbed to 66%.
2⃣ The Crypto Fear & Greed Index dropped to 14 (Extreme Fear). Historically, this level often aligns with a local bottom, but the index is a lagging indicator — it reflects what already happened, not what comes next.
3⃣ The $jesse token launched by Base co-founder Jesse now has a $19M market cap. Shockingly, scientists sniped 7.6% of the supply — this kind of launch mechanism is… questionable.
4⃣ SOL hasn’t set new lows in recent days, possibly because Solana teased on social media that “Something big is coming.” Also, its spot ETF recorded 17 consecutive days of net inflows.
5⃣ BlackRock’s IBIT saw $1.782B in net outflows this month — largely driven by macro sentiment, investor behavior, and derivatives structure, rather than fundamentals alone.
6⃣ Bitmine added 17,242 ETH, bringing total holdings to 3.56M ETH — second only to Strategy among treasury institutions. Tom Lee is really riding the tiger now.
7⃣ From the Qian Zhimin case to the Prince Group case, nearly 200,000 BTC have been confiscated by governments. Bearish conspiracy narratives claim this scared investors and caused underground actors to lose confidence in BTC.
8⃣ “Left-side traders” got wrecked. Trader Chen Guilin commented: “There’s no need to trade the left side now. Since the downside space has already played out, just wait for the right side.”
9⃣ KOL Chris Burniske: “The DAT sale era is only just beginning. Just like how we once rose, this time we’re heading DOWN.”
