Overnight Crypto Highlights — Get the Market Focus in 1 Minute | 1/30

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Can it show some backbone? It dumps when others are pumping, and when others pull back, it still manages to fall. Absolutely unreal.

1⃣ $BTC plunged straight to $83k in one move — this wipeout basically sent longs into full shutdown mode.

2️⃣ $ETH is chopping around $2,700. Market sentiment is broadly bearish; if it manages to rebound today, it’ll likely just be an exit window for trapped positions.

3️⃣ $SOL dropped to $117. Bears are firmly in control, funding rates are weak, and whales continue to exit. Any rebound looks highly uncertain.

4️⃣ In the past 1 hour, total liquidations across the market hit $776M. Over 24 hours, liquidations surged to $1.742B.

5️⃣ Trend Research, led by Yi Li Hua, deployed $109M to reduce Ethereum liquidation risk.

Boss Yi is solid — when things get tough, he actually steps in.

6️⃣ The SEC Chair stated that crypto innovation exemption measures will be delayed, while reiterating that third-party tokenized securities may require registration and could fall under security-based swap regulations.

7️⃣ Flying Tulip, led by Andre Cronje, secured an additional $75.5M in funding, bringing total financing to $225.5M, at a $1B token valuation.

8️⃣ The Fed Chair race saw a dramatic reversal, with Kevin Warsh’s nomination probability surging to 81%.

9️⃣ Trump once again criticized Powell, calling for rate cuts.

And yet — all the criticism, still no cuts…

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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