XXYY.cc Evening Report | December 3, 2025

—— Summary of Important Events in the Crypto Market Today ——

1️⃣ Bitcoin closed with high volatility throughout the day at 93,200

Despite a slight pullback during lunch, the market rose again in the evening, maintaining a generally strong trend. The trading volume during the day decreased slightly, while the proportion of short-term speculative funds increased.

2️⃣ Ethereum has been operating stably for 234 days since the merge

Gas fees have dropped to an average of 95 gwei, and DeFi activity continues to recover, with stablecoin exchange volume rising by 8% compared to yesterday.

3️⃣ The U.S. SEC released an update on crypto regulation draft

The focus is on clarifying compliance standards for exchanges and the requirements for digital asset securitization, which has a slight dampening effect on market sentiment in the short term, but investors interpret it as a long-term positive.

4️⃣ Solana's TVL continues to grow, with an active NFT market

Trading volumes on platforms like Meteora and Magic Eden have increased, NFT popularity has rebounded, and the transaction volume of some high-value collectibles in the secondary market has exceeded 5 million dollars.

5️⃣ Frequent activity from on-chain whales

Large BTC transfers have repeatedly moved between exchange wallets and cold wallets, requiring attention to short-term market volatility.

6️⃣ Closing performance of altcoins: generally rising

AI concepts and cross-chain projects have seen significant gains, while GameFi appears slightly weaker, with market funds concentrating on hot sectors.

7️⃣ Today's Risk Warning

South Korea's regulators continue to monitor abnormal trading

CME BTC perpetual contracts have increased volatility

Some projects are about to launch new products or tokens, which may intensify short-term volatility

—— Tomorrow's Focus: BTC support level at 92,800 dollars, ETH Gas fees and DeFi activity, regulatory trends and cross-chain capital flows.