The crypto assets market is currently in a phase of consolidation, and market sentiment is trying to recover from the previous panic, but investors remain very cautious. At the same time, the regulatory dynamics in the Asia-Pacific region are also worth paying attention to.

Bitcoin is oscillating at a high level, with prices above $90,000 as the market waits for new directional signals.
The Fear and Greed Index rose to 27 (previous value was 20), but is still in the "Fear" level.
The contract market has experienced a large number of liquidations, with a total of $211 million liquidated across the network in the past 24 hours, indicating that market fluctuations remain intense.
The People's Bank of China reiterates its strict stance, clearly stating that activities related to virtual currencies are illegal financial activities and specifically warning about the risks of stablecoins.
The Upbit hacking incident is related to North Korea. South Korean authorities suspect that the North Korean hacking organization Lazarus is behind the theft of approximately 30 million USD in Crypto Assets.
Bitcoin surged after Thanksgiving but is currently fluctuating around the $91,000 mark. Traders are closely following the resistance area between $92,500 and $93,000, and a breakout could open up further upside potential. On the other hand, $86,500 is the key support level in the recent period.
The current market direction largely depends on signals from the macroeconomy. Expectations regarding the Federal Reserve's future interest rate policy are one of the main driving forces behind the current shift in market sentiment. In addition, the inflow of institutional funds through Bitcoin ETFs is also an important observation indicator.