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According to Jinse Finance, on December 20, the Zhejiang Provincial Economic Work Conference was held in Hangzhou. Wang Hao, Secretary of the Zhejiang Provincial Party Committee, emphasized the need to firmly grasp key priorities, focus on tackling major challenges, and ensure a good start for the "15th Five-Year Plan". The focus is on building an innovative Zhejiang and developing new quality productive forces based on local conditions, accelerating the construction of a modern industrial system with Zhejiang characteristics. Zhejiang will seize the opportunity to jointly build the Yangtze River Delta International Science and Technology Innovation Center, continue to deepen the integrated reform and development of education, science and technology, and talent, as well as the deep integration of technological innovation and industrial innovation, promote the orderly flow and sharing of talents, and advance enterprise-led integration of industry, academia, research, and application, while strengthening the gradient cultivation of technology-based enterprises. Efforts will be made to promote the construction of advanced manufacturing clusters, coordinate the renewal and upgrading of traditional industries, the growth of emerging industries, and the scientific layout of future industries, aiming to build a global advanced manufacturing base. The province will accelerate the construction of a highland for artificial intelligence innovation and development, and fully implement the "Artificial Intelligence+" initiative. There will be a focus on creating a first-class innovation ecosystem, insisting on making a good innovation environment the most competitive business environment. Zhejiang will vigorously cultivate "new quality Zhejiang entrepreneurs" and continue to polish the "golden business card" of the private economy. (Securities Times)

In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $125 million, with long positions liquidated for $60.9271 million and short positions liquidated for $64.2503 million. BTC liquidation amounted to $40.4269 million, while ETH liquidation reached $17.6455 million.

Fidelity's Global Macro Director, Jurrien Timmer, stated that he does not see any signs from the charts indicating that the four-year cycle has ended. He said: "If we compare all the bull markets together, we can see that after 145 weeks of gains, the $125,000 high reached in October aligns very closely with expectations." As for what happens next, that would be the winter. Timmer pointed out that the subsequent bear markets often last about a year. "My feeling is that 2026 could be bitcoin's 'off year'." He concluded that the support level is between $65,000 and $75,000.