After all these days, instead of a strong start to the Year of the Horse, the market opened with a drop…
1⃣ $BTC fell to around $64K, $ETH dropped below $1,900, and $SOL also slipped under $80.
In the short term, everything depends on whether BTC can stabilize — only then can a reversal be confirmed.
2️⃣ #WLFI suffered a coordinated attack, with USD1 briefly depegging before quickly recovering stability.
3️⃣ Machi’s ETH long positions were fully liquidated again, leaving only $24,900 in remaining assets.
4⃣ 吴忌寒-backed Bitdeer has fully cleared its proprietary BTC holdings, and all mining output produced this week has also been sold.
5️⃣ Coinbase CEO Brian Armstrong stated that Bitcoin is an “inflation-resistant asset,” and cryptocurrencies represent “a path to economic freedom.”
6️⃣ Terraform Labs has filed a lawsuit against Jane Street, alleging insider trading contributed to the collapse of $UST and $LUNA.
7️⃣ CZ: Binance aims to expand its U.S. presence, including pursuing a banking license.
8️⃣ Donald Trump: Any country attempting to “play tricks” around the Supreme Court’s tariff ruling will face even higher tariffs.
Right now feels like garbage time — move less and observe more.
And don’t become overly obsessed with historical patterns.
Because time itself changes the rules.
