Ladies and gentlemen, here is a market observation and trading strategy sharing from the past few days. From the overall trend, the market remains in a state of oscillation and sideways movement. The fluctuations in the second half of last night were also modest. The reason is quite clear—institutions are on holiday. Market activity naturally declines, and a new trend may not emerge until after New Year’s Day. Therefore, the short-term trading strategy remains unchanged: continue to focus on short-term swings or grid trading. Looking at the flow of ETF spot funds, there was a net outflow of $6.7 million from BTC, while ETH and SOL currently show no significant fund inflows or outflows. This further confirms that institutions are taking a break—there’s basically no trading activity. The reason the market feels quiet is mainly due to this. However, on the liquidation map, the short positions for BTC, ETH, and SOL are quite concentrated, indicating that significant volatility could occur in the short term. We need to pay close attention to this. **Market Expectation Range:** BTC is expected to oscillate between 86,000 and 89,000, ETH’s fluctuation range is 2,880-3,000, and SOL moves between 119 and 125. **Specific Trading Plans:** **BTC** — For bullish positions, consider entering at 86,500 or buying on dips, adding positions at 85,000, and taking profits in batches at 88,000. Conversely, for bearish positions, short at 88,500 or on rallies, add at 90,000, and take profits in batches at 86,500. **ETH** — For long positions, consider entering at 2,900 or on dips, adding at 2,830, and taking profits in batches at 2,980. For short positions, short at 3,000 or on rallies, add at 3,080, and take profits in batches at 2,920. **SOL** — This suggestion mainly follows a shorting approach: short at 125 or on rallies, add at 130, and take profits in batches at 120. **Two Reminders:** First, set your stop-loss levels based on your liquidation price and the maximum loss you can tolerate—this is the most basic risk management. Second, the most important thing in trading is not to be greedy—lock in profits when possible. It’s better to accept small losses than to hold on to losing positions. But if your market direction judgment is correct, continue holding. Only then can you protect yourself in a volatile market.

SOL Analysis From the current 4-hour trend, after the price dipped to the 120 region yesterday and stabilized, the subsequent market momentum slowed down. The support below is strong, and the outlook remains bullish with a rebound expected. Trading suggestion: Around 120-116, go long, targeting 138-145. #2025Gate年度账单 #比特币与黄金战争

Real-world assets are taking over DeFi. This is not an exaggeration—bonds, credit, commodities—things that used to sit only on ledgers are now flooding into the blockchain at an astonishing rate. This is no longer just a game within the crypto space; massive traditional financial assets are opening a brand new door through tokenization. Just look at the latest data to understand. The landscape of on-chain finance has been completely rewritten. The total value locked (TVL) in RWA (Real-World Asset) protocols has surged to $17 billion, officially surpassing decentralized exchanges (DEX), and rising to become the fifth-largest category in DeFi. This is not a minor increase; it’s a paradigm shift. What does this mean? It means that "legacy" assets like bonds and private credit are gaining unprecedented liquidity and accessibility through blockchain technology. They are no longer exclusive to Wall Street or institutional players but are gradually opening up to a broader market. Ordinary investors can participate as well—that’s the change. Look at the market response. Mainstream tokens like ETH, SOL, and ZEC are performing well in this wave. The XRP ecosystem is also actively positioning itself; Ripple is planning a $1 billion XRP reserve, clearly preparing for the future of on-chain asset tokenization. All these actions point in the same direction—the era of traditional assets going on-chain is arriving. $17 billion is not just a number; it’s a clear signal. The on-chain world is no longer limited to native crypto assets but has evolved into a vast value network connecting traditional and innovative finance. During the Fed’s rate cut cycle, gold prices surged significantly, and Bitcoin, despite fluctuations, maintains its long-term logic. Against this macro backdrop, the explosion of the RWA track makes even more sense—investors are seeking new liquidity outlets and asset allocation directions. The next explosive growth might be hidden in assets you once considered "traditional." The future of DeFi could be about bringing Wall Street onto the chain. What do you think? Is this a key step for DeFi to achieve sovereignty, or is it another "dimensionality reduction" for traditional finance? Share your thoughts in the comments on this silent yet surging financial revolution.