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BlockBeats News, December 21, Sean Farrell, Head of Crypto Strategy at Fundstrat, a fund under Tom Lee, responded in an article to the "differences in market views between himself and Tom Lee," stating, "Fundstrat has multiple analysts, each with independent research frameworks and different investment time horizons, aiming to meet the investment objectives of different clients. My research is mainly aimed at portfolios with a high proportion of crypto assets and adopts a relatively more aggressive market operation strategy. Tom Lee's research mainly serves large asset management institutions and investors who allocate 1%–5% of their assets to BTC and ETH. Such strategies require a high degree of discipline and a long-term perspective to capture structural (long-term) trends and achieve excess returns over time. My goal, on the other hand, is to help clients and subscribers with a higher allocation to crypto assets (about 20% and above) continuously outperform the market in different cycles through active rebalancing. My relatively cautious view in the first half of the year reflects risk management rather than being completely bearish. The current market pricing is almost perfect, but risks still exist, including government shutdowns, trade fluctuations, uncertainty in AI capital expenditures, and changes in the Federal Reserve Chair, as well as tightening high-yield bond spreads and low cross-asset volatility. Recent capital flows have also shown divergence. Bitcoin is currently in a "no man's land" in terms of valuation. In the long run, as large brokers join, ETF demand should improve, but in the short term, there is still pressure from original holders selling, miner pressure, possible removal of MSTR by MSCI, and fund redemptions. My baseline judgment: there may be a rebound at the beginning of the year, followed by another pullback in the first half, providing a more attractive opportunity for year-end positioning. If my judgment is wrong, I would rather wait for confirmation signals. For investors following this outlook, I still expect Bitcoin and Ethereum to challenge new all-time highs before the end of the year, thus ending the traditional four-year cycle with a shorter and smaller bear market." Previously reported, Tom Lee said in an interview that "Bitcoin may reach a new all-time high by the end of January 2026," while Fundstrat analyst Sean Farrell stated in a report on the 20th that "in the first half of 2026, Bitcoin may fall to $60,000 to $65,000, and Ethereum may fall to $1,800 to $2,000."

ChainCatcher news: In response to recent false information circulating on social platforms, Techub News issued a statement saying: Techub News founder and CEO Alma has never participated in the founding of Central Research, nor has she served as its "co-founder" or held any similar position. Such claims are not true. Big Demo Day is a public entrepreneurial roadshow event co-organized by multiple parties, and has received support from institutions such as Hong Kong Cyberport. Techub News has only participated in some editions of the event as a co-organizer or partner media, and is not involved in Central Research's internal governance, personnel appointments, or operational management. Equating this event simply as an "internal event" of Central Research, or interpreting Alma's public appearances as participation in its operations, are both misunderstandings.

Address 0x4F5…61177 has started its fourth round of trading. Half an hour ago, it withdrew 2,000 ETH from a certain exchange, valued at $5.98 million, with a withdrawal price of $2,991.65 per ETH. The most recent trading round for this address ended one month ago, which was the only time it incurred a loss. Over the past 11 months, this address has made three rounds of ETH trading, earning a total profit of $1.506 million, with two wins and one loss.