January 13th

1. Bitcoin Market: The arrival of Monday did not trigger a clear direction for Bitcoin, but instead continued to trade within the 90,000–92,000 range. Yesterday morning, it briefly surged above 92,000, then quickly retreated, dipping to around 90,500. Later, it saw a slight rebound overnight. Currently, around 89,900 provides some support, with the trading range narrowing to between 90,000 and 92,500. Investors can watch for a breakout and the direction of that breakout. The main outlook remains bullish. Ethereum follows Bitcoin’s trend but shows weaker momentum, currently trading around 3,093.

2. Altcoin Market: Gate has launched a new Chinese name token “Grassroots Culture,” which performed notably at first, reaching a high of 0.0059, then retraced. It is now trading at 0.0046, roughly the same as the opening price. Yesterday, the Chinese meme coin “Three Heroes” changed to “Three Bears,” both with varying degrees of decline. “Life K-line” was hit hard, dropping from a daily high of 0.021 to a low of 0.007 overnight. “I Came on My Horse” also declined to some extent, now trading at 0.025 USD. “Laozi” rebounded early in the day and is now at 0.013 USD. Chinese meme coins are experiencing outflows, allowing other strong altcoins to recover. River has surged again, breaking through $21; IP performed well, rising past $3; XMR hit a new high above $620; ZEC remains volatile at high levels.

3. Neighboring Markets: US stocks opened lower but closed higher, with the three major indices reaching new highs. The Chinese A-shares surged strongly, closing at 4,165, up 1.1%. Aerospace, brokerage, and AI stocks led the gains, though several aerospace and AI companies issued risk warnings and reduction notices after hours. Gold fluctuated at high levels, silver also consolidated at high levels, with further upward movement expected. Oil prices declined.

4. Trump: Imposed 25% tariffs on Iran’s trading partners. Uncertain if a trade war will reignite. Additionally, multiple US media outlets report that Trump has recently received briefings on military options against Iran.

5. Former Fed Chair Yellen sharply condemned the investigation into her successor, current Fed Chair Powell, stating that it damages the independence of the central bank and warned that markets are underestimating this risk.

6. Today, US December CPI data will be released. The market expects a 95% probability that the Fed will not cut interest rates in January.

7. US SEC Chair: Uncertain whether they will block Venezuela’s holdings of Bitcoin.

8. Institutional Updates: Strategy spent $1.25 billion last week to purchase 13,627 Bitcoin; Bitmine increased its Ethereum holdings by 24,200 ETH last week, with total holdings exceeding 4.16 million ETH.