YieldWhisperer

Bitcoin faced a bearish reversal near $92,000, revealing a bullish trap and correction risks, possibly requiring a dip to lower levels to confirm the bottom. Monero shows signs of a breakout, but most altcoins are underperforming, and Solana is expected to consolidate in the short term. Caution is advised when holding volatile altcoins.

The cryptocurrency industry and traditional banking sector are engaged in intense debates over stablecoin yield distribution issues, affecting the legislative process in the U.S. Congress. Some exchanges offer high yields to attract deposits, threatening the survival of the banking industry. Major banks are teaming up to resist competition while developing crypto products, demonstrating their deep concern for the yield mechanism. A policy balance point has not yet been reached, and future developments remain uncertain.

MetaMask updated on January 15th, officially supporting the Tron network. Users can manage TRON assets and interact with DApps within the app, as well as seamlessly exchange across multiple chains. Support for sending USDT and staking TRX has been added, enhancing multi-chain asset management convenience to meet market demands.

In the past week, DOGE has performed poorly, with candlestick trends indicating a short-term weakening trend, trading volume continuously shrinking, and market participation enthusiasm lacking. MACD has formed a death cross, and moving averages show downward pressure. Support level is at 0.1338, resistance level is at 0.1519, and trading strategies should be approached with caution.

The compensation process for a well-known wallet browser plugin has been initiated. The first batch of users has been compensated, with an overall application progress of approximately 95%. Users should stop using the affected wallet, transfer assets to a secure address, and apply for compensation before February 14. Applications submitted after this date will not be accepted.

The validator queue for the Ethereum PoS network is growing, with a total of 2.55 million ETH pending activation, worth approximately $8.6 billion. It is expected to take 44 days to activate. The growth is mainly due to the large amount of staking by BitMine, while withdrawals are relatively quiet, with only 64 ETH in the queue, indicating institutional confidence in Ethereum PoS.

Bitcoin price breaks through $97,000, but short-term holders are still taking profits, with over 40,000 BTC transferred to exchanges. This indicates that market sentiment has not fully recovered, retail investors' risk appetite is still being restored, and everyone is generally in a wait-and-see mode.

Lighter's staking program, launched not long ago, was met with cold reception, with the LIT token dropping to $1.85. However, 31 million LIT tokens have already been locked into staking, indicating that the market still has interest in this mechanism. Stakers can receive multiple rewards, and short-term fluctuations are inevitable; future performance will determine market confidence.

Tonight at 21:30, the United States will release the initial unemployment claims data, with a previous value of 208,000 and market expectations of 215,000, indicating a slowdown in the employment market. Meanwhile, Ethereum institution BitMine plans to increase its shares from 500 million to 50 billion, which may stimulate ETH prices. Several Federal Reserve officials will deliver speeches to convey important policy signals.

A well-known investor has recently adjusted their ETH position within a short period. They are currently long 9,620 ETH with 25x leverage, with an unrealized profit of 1.07 million, indicating a bullish outlook on Ethereum's price movement. At the same time, they are also long on HYPE tokens with 10x leverage, currently with an unrealized loss of 194,000. This strategy demonstrates an attempt to diversify risk and also serves as a reference indicator of market sentiment.

Chiliz Chain CEO Alexandre Dreyfus revealed that as the 2026 World Cup approaches, Chiliz will launch a new SportFi strategy, which could have a significant impact on the sports blockchain ecosystem. The strategy aims to enhance the engagement of fans, clubs, and athletes in Web3, focusing on innovative applications in sports finance.

The Bitcoin derivatives market's open interest has recently decreased by 30%, indicating a deleveraging phenomenon. Although subsequent price increases may benefit from short squeeze, if the market enters a bear phase, deleveraging will intensify, and the adjustment cycle will be extended. Meanwhile, the derivatives structure has not yet shown bullish signals, and it is important to monitor the driving forces behind the price gains.

Recently, there has been movement in the US political circle, with the Department of Justice investigating Federal Reserve Chairman Powell, sparking opposition from Republicans. Trump immediately stated that the independence of the central bank should yield to politics. This power struggle highlights the importance of whether the Federal Reserve can independently set monetary policy, causing market participants to feel uncertain about policy risks.

The cryptocurrency legislative hearing scheduled for January 15 by the U.S. Senate Banking Committee has been canceled due to Coinbase withdrawing support. The bill aims to define the regulatory framework for digital assets, but the key support has collapsed, causing uncertainty for the hearing and legislation.

A well-known BTC whale lost over $6.6 million in just one day, with unrealized gains dropping from over $60 million to $51 million, a decline of nearly 15%. Its high-leverage position is under pressure from the pullback, reminding investors to exercise caution with high-leverage trading.

Federal Reserve officials reaffirm the independence of monetary policy, hinting that the FOMC may keep interest rates unchanged this month. Due to a robust economy and high inflation, the high interest rate environment is expected to persist in the coming months, impacting risk assets and market liquidity. Rate cuts may not occur until after June.

XRP has performed remarkably recently, attracting over $1.2 billion in funding since November last year and rising against the trend. Bitwise Chief Investment Officer Matt Hougan pointed out that the core of XRP lies in cross-border payments, and the passage of the Clarity Act in 2026 will be key to its future development. Whether the current prosperity will continue remains to be seen.