According to Odaily Planet Daily, on-chain analyst Ali stated in an article published on the X platform that funds flowing into Bitcoin (BTC) are continuously decreasing, and even as prices rise, the highs are consistently lower. This bearish divergence is similar to what happened during 2021-2022, which evolved into a macro downtrend.

In the past hour, total liquidations across the network reached $14.75 million, with $6.17 million from long positions, with $8.58 million from short positions. BTC liquidation $846,143.79, ETH liquidation $768,249.14.

According to Huoxun Finance on December 6, UBS expects the Federal Reserve to purchase approximately $40 billion in short-term Treasury bonds per month in early 2026.

According to an official announcement, Binance Futures will launch POWERUSDT perpetual contracts at 17:00 (UTC+8) on December 6th, with a maximum leverage of 20x.

Odaily Planet Daily reports that at the 8th Member Congress of the Securities Association of China, Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), delivered a speech focusing on the high-quality development of the securities industry. Wu Qing pointed out that securities companies must firmly grasp the key of improving governance effectiveness, truly implement the rigid requirements of corporate governance and equity management, improve mechanisms for preventing conflicts of interest such as related-party transaction management, resolutely prevent shareholders from illegally interfering in operations, and resolutely remove unqualified shareholders. Wu Qing stated that it is necessary to further strengthen transaction management, enhance the ability and targeting of penetrating management, improve the fairness of transaction services for different types of investors, safeguard the legitimate rights and interests of small and medium-sized investors, and strictly prevent illegal arbitrage and disruption of transaction order. It is necessary to strengthen risk prevention in key areas, paying close attention to businesses requiring special attention such as margin trading, over-the-counter derivatives, and private asset management, as well as institutions requiring special attention such as subsidiaries with headquarters in other locations, and key risks such as credit, liquidity, and compliance. We must be vigilant and take preventative measures. For new business models such as crypto assets, we must conduct in-depth analysis and treat them prudently; we must resolutely refrain from operating in areas that are unclear or uncontrollable, and resolutely avoid illegal and irregular activities. (Securities Times)