[{"type":"paragraph","children":[{"text":"After yesterday's plunge, the market entered a technical repair. Data shows that the "},{"text":"rebound was mainly driven by short covering and technical buying ","bold":true},{"text":", rather than a large influx of new long funds."},{"text":"Structure revealed by key data:","bold":true}]},{"type":"numbered-list","children":[{"type":"list-item","children":[{"text":"Long and short mentality: ","bold":true},{"text":"BTC and ETH long and short ratio still shows "},{"text":"the advantage of the bears (about 51:49) ","bold":true},{"text":", indicating that most funds will rise as a "},{"text":"rebound rather than a trend reversal ","bold":true},{"text":", cautious mentality."}]},{"type":"list-item","children":[{"text":"Capital diversion ","bold":true},{"text":": When mainstream assets fluctuate, "},{"text":"PTB, EVER and other high-volatility small coins rise by more than 80% ","bold":true},{"text":", showing that active short-term hot money "},{"text":"flows from the market to more speculative sectors ","bold":true},{"text":"."}]},{"type":"list-item","children":[{"text":"Sentiment indicators ","bold":true},{"text":": Greed index rose from 21 to 25, "},{"text":"panic has eased, but far from optimistic ","bold":true},{"text":"."}]}]},{"type":"paragraph","children":[{"text":"Thinking ","bold":true},{"text":": This \"big market stable, small market crazy\" fund structure usually means that the market is in the stage of shock bottoming out or falling. True stabilization requires seeing the bullish funds of mainstream assets regain their dominance."}]},{"type":"paragraph","children":[{"text":"Full data and charts ","bold":true},{"text":": "},{"type":"link","url":"https://blog.ju.com/crypto-daily-market-report-dec17-2025/?utm_source=blog","children":[{"text":"https://blog.ju.com/crypto-daily-market-report-dec17-2025/?utm_source=blog"}]},{"text":"\n"},{"type":"topic","character":"LongShortRatio","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"CapitalFlow","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Rebound","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"MarketStructure","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Sentiment","children":[{"text":""}]},{"text":" "}]}]

[{"type":"paragraph","children":[{"text":"Against the background of the general market decline (BTC -4.87%, ETH -5.62%), the data shows that this pullback has obvious characteristics of "},{"text":"high leverage fund clearing ","bold":true},{"text":", but the flow of funds has appeared structural differentiation."},{"text":"Key data insights:","bold":true}]},{"type":"numbered-list","children":[{"type":"list-item","children":[{"text":"The scale of liquidation: ","bold":true},{"text":"24 hours of the whole network liquidation "},{"text":"1.16 billion US dollars ","bold":true},{"text":", indicating that the decline is mainly driven by "},{"text":"long single leverage chain liquidation ","bold":true},{"text":", intensifying the selling pressure."}]},{"type":"list-item","children":[{"text":"Long and short structure: ","bold":true},{"text":"BTC and ETH long and short ratio are close to "},{"text":"49:51 ","bold":true},{"text":", the bears only slightly dominant, indicating that "},{"text":"not actively short dominant ","bold":true},{"text":", but long defense collapse."}]},{"type":"list-item","children":[{"text":"Fund rotation: ","bold":true},{"text":"When the mainstream fell, "},{"text":"RAVE, NL and other small and medium-sized market value tokens rose more than 30% against the trend ","bold":true},{"text":", showing that some active funds overflowed from the market and turned to stronger targets for speculation."}]}]},{"type":"paragraph","children":[{"text":"Thinking ","bold":true},{"text":": Is this a healthy deleveraging correction in the bull market or the beginning of a trend reversal? The key is whether new funds will re-enter the market after the leverage is cleared."}]},{"type":"paragraph","children":[{"text":"View the complete data and charts: "},{"type":"link","url":"https://blog.ju.com/crypto-daily-market-report-dec16-2025/?utm_source=blog","children":[{"text":"https://blog.ju.com/crypto-daily-market-report-dec16-2025/?utm_source=blog"}]},{"text":"\n"},{"type":"topic","character":"Leverage","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Liquidation","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"CapitalFlow","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"LongShortRatio","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Volatility","children":[{"text":""}]},{"text":" "}]}]