ForkMonger

The crypto market is shifting from political-driven to fundamentals-driven, focusing on infrastructure and real users. Bitcoin has become a reserve asset similar to gold, while Altcoins need to prove their value. Meanwhile, the integration of AI and crypto could open new markets, with Hong Kong potentially becoming a key hub.

On January 19th, Bitcoin and Ethereum experienced a significant decline, dropping below $92,000, with market liquidations exceeding $750 million. Analysts believe that concerns over the US and EU trade war have affected market sentiment, leading to a weak performance in the crypto market. Investors are more inclined towards other risk assets, and positive signals are needed to rekindle market confidence.

The whale account on a certain perpetual contract platform shows a confrontation between long and short positions, with a total open interest of $6.58 billion. Long positions amount to $3.104 billion, with a loss of $143 million; short positions amount to $3.475 billion, with an unrealized profit of $219 million. The fivefold full-position long position of the whale address faces an unrealized loss of $9.7921 million, indicating a test of market confidence and psychological resilience.

GMGN Platform will hold the S10 BSC Trading Competition from January 19, 2026, to February 2, 2026, with a total prize pool of 100 BNB. Participants must use a brand-new wallet with an initial deposit limit of 2 BNB and accumulate rankings through trading. This event provides traders with an opportunity to test strategies and win rewards, while also promoting platform user growth and activity.

According to CME data, there is a 95% probability that the Federal Reserve will keep interest rates unchanged next month, with only a 5% chance of a rate cut. The probability of a 25 basis point rate cut in March has increased to 20.7%, suggesting a potential policy shift. While the expectation of maintaining rates remains the mainstream, the risk of a rate cut has gradually increased. This has a significant impact on the crypto market and may enhance the attractiveness of risk assets.

【BiTu】On-chain monitoring data shows that well-known trader Arthur Hayes received an asset transfer from custody institution Anchorage Digital—132,730 ETHFI tokens, valued at $97,500 based on current prices. This transfer has once again sparked market attention on the movements of major investors.

Senior executives of well-known companies have once again expressed bullish sentiment on Bitcoin, indicating the industry's firm stance on long-term allocation. Market patterns show that after related opinions are published, institutions often increase their Bitcoin holdings, providing a reference for investors.

A well-known BTC whale's long position is approximately $910 million, with unrealized gains decreasing from $60 million to $44.9 million. Among its holdings, ETH accounts for the largest proportion, with unrealized gains of $35.14 million; BTC unrealized gains are only $3.61 million, facing significant pressure. This reflects market volatility and warrants attention to the subsequent movements of this major holder.

A founder of a major exchange clarified rumors involving an actress on social media and emphasized the importance of distinguishing true from false news in the age of information explosion. They believe that having information discernment skills can benefit wealth accumulation, sparking discussions in the crypto community.

Trader beachboy4 on the Polymarket platform achieved a single-day profit of $6.12 million, successfully offsetting most of the losses and demonstrating excellent market intuition and psychological resilience. This turnaround case reflects a change in market participants' expectations of event outcomes.

The Floki team's associated wallet recently moved out 27.4 billion FLOKI tokens, cashing out approximately $1.35 million worth of ETH, with the source of funds traceable back to the initial address from three years ago. This large transfer suggests that the project team may be adjusting their strategy, and holders should stay alert to avoid potential risks.

Disagreements have arisen in Coinbase's negotiations with the White House. CEO Armstrong stated that the White House's attitude is positive, while reporter Terrett believes the reports are based on facts, emphasizing support linked to agreements. There are clear contradictions between the two sides regarding information and policy understanding, and subsequent developments are worth watching.

【Crypto World】Regarding interest rate guidance, Powell has something to say. This Federal Reserve Chair pushed for a change in direction during the policy adjustments in 2020, but in hindsight, he has also admitted that the initial decision was worth reconsidering. This reflection is worth market participants' contemplation—after all, every move by the Federal Reserve could rewrite the logic of cryptocurrency asset trends. The regret of decision-makers often reflects the evolution of market perception.

Recently, XRP market enthusiasm has increased, with open interest in derivatives soaring to $1.4 billion, and perpetual contracts performing notably. Additionally, the spot price has reached $2.06, with a total market capitalization surpassing $125.41 billion. A golden cross has appeared on the technical charts, indicating potential medium-term upward movement. On the funding side, XRP spot ETFs attracted a net inflow of $17.06 million, demonstrating continued institutional investment, and the market trend is worth watching.

【BitPush】ETH market breaks through. According to real-time data, Ethereum successfully breaks the 3300 USDT threshold, with the current price at 3300.58 USDT. Notably, the 24-hour decline has narrowed to 0.35%, and the rebound momentum is obvious. Against the backdrop of current market sentiment fluctuations, this technical breakthrough may trigger subsequent attention.

There are changes in the White House's discussion on the Digital Asset Market Structure Act. A compliant platform's opposition to the bill surprised the government, believing that this shift undermines the communication成果. The bill部分限制 tokenized stocks and DeFi development, raising concerns among Web3 practitioners. The government hopes all parties can renegotiate to balance regulation and innovation.

Solana spot ETF experiences capital divergence, with an overall net outflow of $2.2 million. Fidelity FSOL bucked the trend by absorbing $400,000, while 21Shares TSOL and Grayscale GSOL each saw net outflows of $700,000 and $1.9 million, reflecting differing views among institutional investors on Solana's medium-term prospects.

Ripple is focusing on long-term development by strengthening infrastructure through RLUSD stablecoin and collaborations with institutions. Although XRP's short-term performance lags behind Solana, its decline is relatively small, indicating market confidence. Additionally, whale accumulation behavior suggests a long-term bullish outlook. Ripple's steady ecosystem-level accumulation lays a foundation for future growth.

Hyperliquid platform's Strategy users have recently increased their positions significantly at low levels, investing $127 million, adding nearly 10,000 ETH and over 1,000 BTC, with a total holdings of $449 million, but with unrealized losses of $3.42 million. Whether their operations are long-term optimistic or short-term speculative warrants attention.