DAOplomacy

Ethereum's on-chain daily active addresses have recently doubled, indicating a resurgence in network activity. In terms of funds, ETF buy orders are concentrated in the $3,119 to $2,772 range. Technical analysis shows that the price needs to hold above $3,085 to attempt a breakthrough above $3,400, with further targets potentially at $3,660 or $4,000.

【Crypto World】In the past six hours, the overall cryptocurrency market has experienced a significant correction, with the total market capitalization once shrinking by over $100 billion. Such volatility is not uncommon in the market and typically reflects rapid changes in investor sentiment or the occurrence of some major events. Friends who follow market trends should all be able to feel the impact of this fluctuation.

【BitPush】The sentiment thermometer of the crypto market has dropped again. According to Coinglass's Fear and Greed Index, the current reading is 43, down 7 points from yesterday. This indicates that the market has shifted from greed to a more rational state. Looking at a broader perspective, the average over the past week is 46, while the average over the past month is only 31 — this shows that market sentiment has indeed been easing recently. Against this backdrop, many investors are beginning to reflect on their strategies and seek more stable investment opportunities.

On January 10th, a whale lost $282 million due to social engineering scams, and the cryptocurrency was drained. The hacker quickly transferred $63 million and laundered the money, demonstrating their technical skills and liquidity understanding. This incident serves as a reminder for holders to strengthen security awareness and guard against social engineering attacks.

January 19th, the Solana ecosystem experienced a market correction with most Meme coins declining, but RALPH surged by 45%, with a market capitalization approaching $30 million. SOL and ZReaL also performed well, with increases of 28% and rapid upward movement. Investors are reminded that Meme coin trading carries high risks and should participate cautiously.

【Blockchain Rhythm】This morning's market plunged, and a big whale encountered a heavy blow. Its long position on DOGE was immediately liquidated, resulting in a loss of $2.2 million. Even more heartbreaking, this whale is still holding a ETH 15x leveraged long position, with an unrealized loss of $475,000 on the books. This market volatility truly tests the big players; a single reverse gap can instantly blow up high-leverage positions. For friends trading with leverage, take a look at this case—risk management really needs to be prioritized.

【Blockchain Rhythm】Market fluctuations. SOL experienced a significant correction on January 19, dropping to $130 at one point, but then quickly rebounded. As of now, it has regained the level of $134.63. In the past 24 hours, the price has fallen by 6.55%, indicating that market sentiment is still somewhat volatile.

Zero Network announced its restart and resumed operations on January 18th after more than 3 weeks of halted block production. The project team collaborated with Caldera and ZKsync to successfully restore block production, ensuring the safety of user funds and demonstrating the collaborative strength of the L2 ecosystem.

A well-known cryptocurrency asset management firm's investment director pointed out that, driven by loose fiscal policies and institutional capital inflows, Bitcoin is shedding its "risk asset" label and may become an independent investment instrument, similar to precious metals, changing its identity as an investment asset.

After a hacking attack on a crypto project, the real crisis often lies in the chaos of response. Data shows that nearly 80% of projects fail to fully recover, mainly due to a lack of emergency plans and blame-shifting among team members. The first few hours are crucial in determining the subsequent course; silence can instead fuel panic, ultimately leading to a collapse of trust and community loss.

The validator queue for the Ethereum PoS network is significantly backloged, with 2.59 million ETH waiting to be activated. The main reason is the concentration of staking by large institutions like BitMine, while the exit queue has been cleared, indicating that the market remains optimistic about staking yields and ETH prospects. This reflects the health of the PoS ecosystem.

The latest data shows that the Cryptocurrency Fear and Greed Index is at 49, indicating a neutral market sentiment with a slight rebound. The index combines multiple data dimensions, reflecting a significant change in market sentiment and suggesting that the crypto community's mindset is recovering.

Over the past year, the supply and number of holders of USDT on the TRON network have grown rapidly. The new issuance of USDT has reached 22.7 billion tokens, with a total supply exceeding 82.4 billion tokens. The number of holder addresses has increased by 11 million, reaching 70.6 million, indicating an increased penetration in the on-chain ecosystem.

White House Cryptocurrency Committee Director Patrick Witt stated that progress in establishing a Bitcoin strategic reserve in the United States faces legal obstacles, although it remains a priority. Agencies such as the Department of Justice are discussing relevant legal and regulatory issues, while the government retains seized Bitcoins, indicating a shift in attitude towards Bitcoin.

A certain crypto fund leader predicts that Bitcoin may face a systemic crisis in the next 7 to 11 years due to the halving of block rewards leading to reduced miner revenue. Whether transaction fees can make up for this gap will be crucial and could impact the security of the network.

The Federal Reserve shifts to an easing policy, and the US dollar may depreciate by approximately 3%. The US economic growth combined with expectations of interest rate cuts, along with the BRICS countries' efforts to de-dollarize, all contribute to the dollar's depreciation trend, significantly impacting holders of dollar assets and cross-border payment providers.

Recently, Ethereum is facing a key price resistance. If it falls below $3,200, long orders could be liquidated for up to $920 million; conversely, if it breaks above $3,400, short liquidations could reach $985 million. This shows the market's sensitivity to these two price levels, which could lead to sharp volatility.

In the past 24 hours, CEXs have experienced a total net outflow of 347.51 BTC, with significant differences in fund movements across exchanges. Kraken saw the largest outflow, with 1,623.52 BTC withdrawn, while another leading exchange absorbed 573.18 BTC, indicating that market participants are reallocating assets.

The Solayer team recently transferred 18.32 million LAYER tokens to Binance, worth approximately $3 million. This transfer may reflect their liquidity management strategy and has attracted investor attention. The team currently still holds 16.56 million LAYER tokens, valued at $2.7 million.

An Ethereum treasury company recently announced the launch of its own app, but shareholders have expressed doubts. The company's senior management plans to go beyond just an Ethereum revenue tool and aims to become a "holding company" in the digital economy sector, leveraging the stable cash flow generated by Ethereum for diversified investments. Although the idea is interesting, execution and strategic planning still need improvement.