Good morning everyone: 1. CZ: Bitcoin's four-year cycle may be over, and we may usher in a supercycle; 2. The Fed said the FOMC meeting will be held as scheduled; 3. SEC Chairman Atkins: Most types of 1COs are not securities and will not be subject to SEC regulation; 4. Mubarakah rose by more than $4 million in a short period of time, up more than 230% during the day; 5.

Today's Crypto Fear and Greed Index remains at 20, staying in the "Extreme Fear" range for the second consecutive day, indicating that market sentiment is still very fragile. This index is composed of a basket of indicators: volatility and trading volume account for half of the weighting, while social sentiment, market surveys, $BTC market share, and Google Trends make up the rest. In other words, the current combination of high volatility, low trading volume, and weak sentiment is the core reason dragging the index down.

JPMorgan's latest analysis mentions that the recent pressure on Bitcoin is not mainly due to miners selling, but whether Strategy ($MSTR ) can withstand it. After all, MSTR is the largest BTC holder in the world, and as long as they don't sell, the market will keep watching them.

A series of US macroeconomic data will be released tonight:
8:30 PM - November Challenger job cuts;
9:30 PM - Weekly initial jobless claims, expected at 220,000;
11:00 PM - November Global Supply Chain Pressure Index and September factory orders month-over-month.
Among these, employment data will be the main focus of the market, but based on market pricing, the direction is almost already locked in advance. Currently, traders are clearly betting on the Fed in December.

Superform just officially announced: $UP airdrop registration is now officially open. In this round, eligible users can also receive preferential terms in the UP community sale. Additionally, as long as you keep your deposits in your Superform account, you'll qualify for the second snapshot. The registration process is also very simple:
- Link your account
- Complete registration
- Share your relevant stats on X
- Keep your deposit unchanged to automatically qualify for the second snapshot TGE

If you have recently executed a few trades on $Solana , you may have "missed" #HumidiFi------just not paying attention to the fact that it has quietly captured over 30% of the ecosystem's Trading Volume. It relies not on publicity, but on taking market making to the extreme: more stable Depth, lower Slippage, and more economical CU (Computing Units), nearly half of Jupiter's routing has to go around it.

$Aster has provided the latest update, and the Airdrop time for Stage 3 of the Perptual Futures DEX has finally been confirmed. The S3 Airdrop Checker will open for queries on December 1st at 20:00, where everyone can check if they are eligible. The official claiming window will open on December 15, 2025, at 20:00 and will continue until January 15, 2026, at 20:00. The time given is quite long, so there's no worry about missing it. $Aster

Hyperbot just updated the data, and "Brother Maji" is moving again. He added a 25x long order of $ETH up to 8400 pieces, with the liquidation price pumped to about $2882; at the same time, he reduced the 10x HYPE long order to 215,000 pieces, with the liquidation price around $30. More interestingly, he placed a limit sell order at $3030 and placed 11 sell orders of $ETH in the $3010--3100 range; on the HYPE side, it is also in the $36--37 range.

Bybit's 7th anniversary event is really intense, directly collaborating with #Mantle to host an "egg hatching lottery." The gameplay is super straightforward: you provide liquidity on Mantle, hatch a pet, and you can participate in sharing 2.5 million dollars, with a maximum individual prize of 150,000 dollars.

In these 76,021 wallets that received the Monad Airdrop, the fund flows are already quite revealing: 39,796 (52.4%): have sold or transferred all of the Airdrop 27,133 (35.7%): continue to hold a Full Position 5,728 (7.5%): sold/transferred more than half 3,364 (4.4%): sold/transferred less than half

Port3 has officially confirmed the launch of a token migration in response to the attack that occurred yesterday. The key information is as follows:
• All affected users will receive new tokens at a 1:1 ratio, with no asset loss.
• The new token will only be deployed on BNB Chain; all liquidity on Ethereum will be fully migrated over.
• The team will burn 162.75 million PORT3 tokens to completely offset the hacker’s unauthorized minting and ensure the total supply remains unchanged.

The latest data from Coinglass is quite intriguing. In the past 24 hours, a total net outflow of 253,100 $ETH from major CEXs has been recorded, with the outflow almost entirely dominated by the "giants":
Coinbase Pro: outflow of 216,500 $ETH (obviously, major players are moving assets)
Binance: outflow of 97,300 $ETH
Gemini: outflow of 889 $ETH
Meanwhile, OKX saw a net inflow of 21,300 $ETH
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Mantle Q3: It's not about competing on technology anymore, but about who can bring in "capital, users, and real use cases" together. I recently went through Mantle's quarterly data again, and the more I look, the more I feel this chain really has something going on. L2s now are no longer just competing on TPS or fees, but on who can truly capture liquidity, users, and narrative. And Mantle's...