Last night while watching the market, my mindset almost collapsed—I felt like my positions were doomed. But after a good night’s sleep, the market taught me a lesson: all the assets I was bearish on rallied across the board. Maybe this is what they call the “contrarian indicator” physique?

**Bitcoin Continues to Grind**
BTC has been churning at high levels these past two days, weakening every time it pushes up to around $94,000, and even dropped straight to the $90,800 range overnight. Luckily, it didn’t keep crashing and has now crawled back to $92,000. Fridays are always prone to surprises—will we get one today?

**Ethereum Shows Unexpected Resilience**
ETH’s performance was actually impressive. When BTC took the first dive yesterday, ETH managed to hold up for a while before following suit. If this relative strength continues, maybe there’s real potential here. Still watching closely.

**Solana On-chain Activity Perking Up**
There have been a few wealth-making cases popping up in the SOL ecosystem recently. Most are low market cap projects with clearly localized effects, but at least it shows on-chain activity is picking up again. The direction is right.

**A Basket of Miscellaneous Updates:**

A certain decentralized trading protocol is launching spot trading this week, with ETH as its first listed asset. Looks like token launch isn’t far off.

Jupiter ecosystem’s WET project sold out instantly during its public sale phase, raising $5.57 million over three rounds. The third round was gone in seconds.

News from Sui: the first 2x leveraged SUI ETF has received SEC approval and is now listed on Nasdaq.

The International Monetary Fund is sounding the alarm again, warning that if stablecoins keep gaining traction, it could weaken central banks’ control over national currencies. Same old tune, but still worth watching.

JPMorgan released a report noting that with BTC prices dropping while electricity costs remain high, higher-cost miners are starting to sell, adding extra pressure to the market.

Google has launched “Deep Think” mode, focused on boosting reasoning and code generation. The AI arms race is getting fiercer.

CZ and Peter Schiff are at it again, this time debating whether Bitcoin or tokenized gold is more valuable. Both sides are digging in.

Polymarket has officially integrated with MetaMask mobile, and their internal market-making team is hiring.

An analyst pointed out that the core issue with public chain valuation is the lack of unified market consensus, making it hard for clear long/short narratives to form.

Kraken and Deutsche Börse have reached a strategic partnership to jointly launch institutional-grade crypto trading and tokenization services. TradFi giants are moving in fast.

The US Commodity Futures Trading Commission has expressed support for regulated platforms to offer spot digital asset products. A compliant trading platform is about to launch a leveraged spot market.

Meta plans to cut the Metaverse division’s budget by up to 30% next year. After the news broke, Meta’s stock actually rose 3.83%. Seems like the market prefers them tightening their focus.

Aave has deepened its integration with a certain decentralized trading protocol, launching MEV-resistant Swap services and intent-based flash loan products. DeFi infrastructure is still evolving.

There’s a lot of market info to digest—take your time.