For the week of December 8–14, 2025

GM Hegends!

First go check out the latest TA Tuesday replay to get a sense of the markets, then go read about the latest DRiP down below.

Enjoy!

It began beneath the surface.

Bulls and bears are fighting it out

Last Wednesday the US Fed cut rates by 25 basis points. As expected. Markets initially reacted positively, but then sold off a little on renewed AI jitters towards the end of the week. In the big picture though, stocks are still very strong, with both the S&P 500 and Nasdaq right under their previous all time highs. No need to overanalyze this: for now, there is no sign of a stock market top being in.

In crypto, it looks like bitcoin is going to close the week flat for the second week in a row. There is an equilibrium right now, between permabulls jumping in to buy the dip on the one side, and bears selling into the bounce after the breakdown on the other. The question is which way the balance is going to tip next.

On the daily bitcoin chart a bear flag is forming. Typically this is a sign of a lower low to come. However, the bounce could continue higher before that happens. To the upside, take out $95k, and $100k is up next. Otherwise, a further dip towards $72k-76k looks increasingly likely.

The best approach in these situations is to wait for more clarity. Step aside and let the bulls and bears duke it out. Live to fight another day.

BTC/USD weekly chart, 14 December 2025. Bouncing from $81k. Resistance at $100k and $109k. Support at $72k-76k.

🦠 The Cabal Plague: Chapter One 🦠

It began beneath the surface. A corrupted hand breaks through the soil, carrying the first pulse of the cabal infection into a sleeping market.

We wanted an ordinary cycle. A cycle where were vision, merit, and true community were the hallmarks to be judged upon. But from the dinkiest of basements, and from the highest halls of power alike, it spread. Corrupted minds, having long forgotten true value, pushed their insidious schemes through backroom deals, bundlers, and inside "influencers". Nobody left untouched by the effects.

It's not the cycle that we wanted. But it's the one that we got.

Now we adapt. When times are tough, Hegends step up. They fight back.

Snapshot live on DRiP, ending 21 Dec, 11 pm UTC.

This was no ordinary cycle.

Coming up ahead

Tune in to TA Tuesday, live in Hegequarters on Tuesday, December 16, at 17:00 UTC.

Updated Hege Merch Store. Yes! It's coming.

Thanks for reading

With Christmas and New Year's coming up fast, This Week in $HEGE will be taking a short break over the coming two Sundays. So the next one won't be until the first Sunday of the new year. Meanwhile, have a great Christmas everybody!

Until next year,

— Team Hege

PS. If you’re not in our Telegram already, get in there! It’s always the best place to hang out and get the latest on what’s going on. Find the link here: https://linktr.ee/hegefund