【】 Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today, the overall cryptocurrency market shows signs of rebound, but with high volatility. Bitcoin (BTC) has rebounded from its weekend low to above approximately $87000, with the total market value rising to around $3.06 trillion (up 1.4%). The Fear&Greek index remains in a state of "extreme fear" for 12 consecutive days. However, shallow liquidity, institutional capital outflows, and regulatory pressures continue to affect sentiment. 1. Bitcoin rebounds but structurally fragile: BTC rebounded 1.67% from Friday's low of $81000 to $87000, with Sharpe ratio close to zero (similar to market bottoms in 2019, 2020, and 2022), indicating a risk return signal. The weekend settlement exceeded $200 million, easing selling pressure, but analysts warn of a "fragile" market structure that may further test the support of $85000. 2. The US BTC spot ETF recorded a net inflow of $238.47 million on Friday, but accumulated outflows of $1.2 billion over the past four weeks. The short-term market rebound is supported by ETF inflows and macro expectations, but institutional outflows and liquidation risks still exist. Pay attention to liquidity indicators and key support levels. 3. Ethereum successfully breaks through 2880; Test Fibonacci critical pressure of 0.382, breaking through to near 2980 under pressure; Continue to focus on key pressure levels (3K 3.2K); BTC has also reached the psychological threshold of 88K, repairing the 1-hour rebound range and focusing on the stress zone (88K, 92K, 94K). Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Tencent Meeting: 6321551049 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

[South African Reserve Bank Lists Cryptocurrencies and Stablecoins as New Risks] The South African Reserve Bank has warned that cryptocurrencies and stablecoins are listed as new risks, posing significant threats to the country's financial sector.

[Zelensky: Peace negotiations between Ukraine and the United States are still ongoing] On November 25, Ukrainian President Zelensky stated that negotiations with the United States regarding the peace plan are still ongoing. After a phone call with German Chancellor Scholz, he expressed via social media his gratitude for the efforts of all Americans, particularly thanking President Trump for his efforts. Previously, it was reported that Ukraine had agreed to a potential peace agreement, but some details still need to be finalized.

[US SEC to Hold Meeting to Discuss Regulation of Tokenized Equity Securities] The U.S. Securities and Exchange Commission (SEC) has announced the agenda for its December 4 meeting on corporate governance regulatory changes and issues related to the tokenization of equity securities. The meeting will discuss the issuance, trading, and settlement operations of tokenized equity under the existing regulatory framework. Participants include Scott Bauguess, Vice President of Global Regulatory Policy at Coinbase; Samara Cohen, Senior Managing Director and Global Head of Markets Development at BlackRock; and Coy Garrison, Senior Director of Cryptocurrency and Deputy General Counsel at Robinhood.

[SEC Investor Advisory Committee to Discuss Equity Tokenization and Other Topics on December 4, 2025] The U.S. Securities and Exchange Commission (SEC) Investor Advisory Committee plans to hold a virtual public meeting on December 4, 2025, to discuss regulatory changes in corporate governance, equity securities tokenization, and disclosure recommendations regarding the impact of artificial intelligence on issuer operations. The meeting will begin at 10:00 AM Eastern Time and will be livestreamed via the SEC official website.