SPDR Gold Minishares

After the sell-off triggered by Japan's interest rate hike last Monday, the crypto market quickly rebounded within 2 days, with ETH returning to the $3,100 level. Expectations of a December rate cut and the new Fed Chair's loose monetary policy have also made crypto a leading indicator of the rebound. BMNR's mNAV has also rebounded to 1.1+ after hitting bottom for 3 weeks. Recently, many comments mentioned the four-year cycle, and I'd like to share my perspective for reference: 1. I don't agree with the four-year cycle theory. The core logic is that after 2025, whether it's BTC or ETH, institutional holdings will grow rapidly...

A hand-controlled life necessity price, plus a man-made interest price, will ochestrate US' economy boom in 2036.

Originally, the market was continuously declining due to liquidity withdrawal caused by the U.S. government shutdown and concerns over supply chain financing surrounding OpenAI. However, now that the U.S. government has reopened and NVIDIA's strong performance has been released, the market still isn't buying it. What exactly is wrong with the U.S. stock market? With only five weeks left in 2025, has it completely turned into garbage time? Is there still hope for AI in 2026? 1. Looking towards 2026, what exactly are Trump's demands? There is one last chance for a rate cut this year—the interest rate meeting on December 10th. From a macro perspective, the current market's short-term nerves seem to be dominated by the prospect of a rate cut...