🚀 Bitcoin closed in the red for 4 consecutive months for the first time since 2018, according to data from Coinglass.
2018 was Trump's presidential term, looking at the chart it seems too familiar, so could 2026 be similar to 2019? Isn't it strange that February, March, April, and May could be positive again? 😁
Why have $XAU and $XAG dropped significantly in the past 2 days?
The reason is that on January 30, China temporarily suspended trading for 5 commodity investment funds to curb the investment frenzy into gold, silver, and oil, while also minimizing potential risks in the context of geopolitical tensions.
The listed open fund (LOF) UBS SDIC Silver Futures Fund suspended trading for the entire day on January 30. This is the only public fund investing in silver futures contracts in mainland China. This is the second suspension since January 22. In addition, 4 LOF funds related to oil also suspended trading until 10:30 this morning. Before the suspension, fund management companies had issued several warnings about high trading price risks. These moves come as global investors continue to flock to safe-haven assets amid escalating conflicts between the US and Europe, South America, and the Middle East.
This has caused many brothers to lose out due to trading gold futures abcj in recent days
Vitalik Buterin just posted an interesting thread about how he would design "creator coins" (coins for content creators) in crypto. He opined that after 10 years of experimentation (from Steemit, BitClout, Zora to tipping on decentralized social media), these models have still not really succeeded.
New idea: - DAO not token-based (~200 members, anonymous voting, self-scaling if too many). - Opinionated: Focus on a specific niche (type of content + style), initially manually curated. - Token: Anyone can create a coin. If accepted by the DAO → revenue portion burn coin → speculators predict who the DAO will choose, supporting filtering rather than pure speculation..
$BTC lost the 80k mark for the first time since 4/2025. The issue is not the % decrease, but the loss of the narrative "ETF floor". Dominance rising to ~59% indicates money is fleeing altcoins, not moving into risk.
The 71–74k range is the final structural support. If it holds, this is capitulation. If it breaks, the market will reprice the entire cycle.
$ETH – Weak because there’s no reason to be strong.
ETH dropped more than BTC due to a lack of catalyst. No new narrative, no clear staking cash flow, no sufficiently large on-chain demand to absorb sell pressure. ETH is currently trading like a beta asset of BTC, no longer a cycle-oriented layer.
$BNB – Decreasing but hasn't broken structure.
BNB broke 800 but still holds the 740–760 range. This is the difference: BNB is decreasing with the market, not being dumped due to confidence. RSI oversold allows for a technical bounce, but the trend will only reverse when BTC stabilizes. If the market creates a bottom, BNB is usually among the early recovering groups thanks to utility + burn.
This is a truly risk-off phase, not just a slight dip.
Short-term: bearish, prioritize capital preservation.
Medium-term: if Extreme Fear is indeed the psychological bottom, assets with real cash flow and clear utility will recover first.