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BlockBeats News, December 21st, the probability of betting on Michael Hsu, the acting Comptroller of the Currency, to become the next Federal Reserve Chair on Polymarket is 56%. Additionally, the probability of Yellen being elected is 22%, and the probability of Warsh being elected is 12%.

According to KobeissiLetter data, in November, US trading margin debt surged by $30 billion, reaching a record high of $1.21 trillion, marking the seventh consecutive month of increase. Over the past seven months, US margin debt has soared by $364 billion, an increase of 43%. After adjusting for inflation, margin debt has risen 32% year-on-year to a historic high. The proportion of margin debt to M2 money supply has jumped to about 5.5%, higher than during the internet bubble of 2000, indicating that leverage in the US investment market has reached an absurdly high level.

Fundstrat Head of Crypto Strategy Sean Farrell responded to the differing views with Tom Lee, stating that Fundstrat analysts have independent frameworks. Tom Lee mainly serves investors allocating 1%–5% to BTC and ETH, focusing on long-term trends; Sean Farrell targets clients with approximately 20% or more of their portfolio in crypto assets, employing a more aggressive strategy. Sean Farrell expects a possible rebound at the beginning of the year, a potential pullback in the first half, but still anticipates that BTC and ETH will challenge new all-time highs before the end of the year.