On December 17th, per HTX market data, Bitcoin dropped below $87,000, posting a 1.49% 24-hour change.

**Bitcoin Chip Concentration & Key Macro Events to Watch** On-chain data analyst Murphy noted December 17 that Bitcoin’s (BTC) chip concentration is a reliable early warning signal for impending volatility. ### Key Alert Levels - A 5% range around the current spot price: - ≥13% concentration = **caution zone** - ≥15% concentration = **high-risk zone** - The more concentrated chips are, the higher the probability and magnitude of volatility. ### Current Status BTC’s chip concentration is now 11%—moderately high but not yet in the caution zone. Large price swings are unlikely; the chip structure doesn’t support a chain reaction right now. ### Macro Focus Markets are tracking two critical events: 1. U.S. CPI data (December 18, 9:30 PM ET) 2. Bank of Japan (BOJ) interest rate decision (December 19) ### Analyst Take As long as CPI doesn’t beat expectations significantly, its impact will be limited to minor fluctuations—not as intense as the lead-up to Au

**Binance Spot Platform Upgrade & UTF-8 Test Notice** According to official Binance sources, the exchange will conduct a system upgrade and UTF-8 encoding test on its spot trading platform on December 17. ### Important Notes: - This upgrade will **not impact spot trading or any associated functions**. - During the test period, users may encounter test tokens and test trading pairs—this is normal and routine. - Note: Any on-chain tokens with identical or similar names to these test assets are **not officially supported by Binance**. This rewrite aligns with U.S. English habits: - Uses concise, conversational phrasing (e.g., "impact" instead of "affect" for clarity in updates; "associated functions" instead of "related functionality"). - Structures key points for scannability (bullets, bolded emphasis for critical info). - Adds explicit "Binance" attribution to avoid ambiguity (common in U.S. financial notices). - Removes redundant tags while keeping all original

On December 17, predict.fun officially launched. Its trading volume has already hit $10 million, and the platform is now running an initial points airdrop for prediction market participants and BNB Chain traders.

On December 17, the Hong Kong Stock Exchange (HKEX) disclosed that Hong Kong-listed firm MemeStrategy has acquired 2,440 SOL tokens in the open market for HK$2.4 million. As of press time, the company holds a total of 12,290 SOL tokens, with an approximate total purchase cost of HK$14.9 million. MemeStrategy stated it will stake its SOL holdings via a dedicated Solana validator, generating staking rewards to earn income and establish a new revenue stream.