fam, the Crypto Assets in December are simply — a catastrophic start!

Is the bear market going to hit a new low?
Is it that the more desperate you are, the more opportunities there are for getting rich?
In this video, we will break it down properly!
First, an important signal has arrived —
Fidelity's tokenized US Treasury fund based on Ethereum has grown by 15% over the past month,
The scale has exceeded $250 million.
The year 2025 is referred to as the year of RWA, and the total on-chain value of RWA has already exceeded 36 billion USD.
More than doubled compared to the beginning of this year!
This means that real-world assets are being massively put on the chain.
Let's take a look at the market overview:
The current total market value of Crypto Assets is 3 trillion USD,
24-hour trading volume of 114.2 billion USD - funds remain active, and although the sentiment is fearful, they have not exited.
The flow of ETF funds is key:
📈 On November 28, Bitcoin spot ETF net inflows increased by 71.37 million USD,
Fidelity alone increased its holdings by $77.45 million.
However, BlackRock reduced its holdings by $120 million, resulting in a certain degree of funding divergence.

📈 Ethereum is more stable, with a net inflow of $76.55 million for the spot ETF.
BlackRock accounted for $68.27 million, with funds clearly leaning more towards ETH.
📈 SOL continues to attract attention, with ETF net inflows of $5.37 million,
Grayscale Fund also increased its position by 4.33 million USD.
Although the scale is not large, the trend has been positive for three consecutive days.
Looking at market sentiment again:
The current Fear and Greed Index is 23,
Still in the fear zone, but low-level fear often breeds opportunities.
The last period was 24, indicating that the fear sentiment has not further expanded.
But the other side of opportunity is risk:
In the last 24 hours, the number of liquidations worldwide was 194,681 people,
Liquidation amount 571 million USD,
The largest single explosion occurred on Binance.
This indicates that once the market fluctuates, leverage never follows reason.
Finally, here is a project observation for everyone:
Code: IRYS
It is a layer protocol that integrates data storage and execution within the same architecture.
Solve the problem of tool fragmentation in multi-chain development.
Current market value is $75 million, circulation rate is 20%,
Still in the early stages, worth continuous tracking.