1. Bitcoin Market: Bitcoin is weakly consolidating, currently trading around 95,000. Ethereum surged last night but pulled back this morning, now trading around 3,301. The weekend remains weak and consolidating; next week will be the real test.
2. Altcoin Market: AXS and BERA performed notably, leading the market; yesterday, I was optimistic about Chinese meme coins, but it seems they are underperforming now. I predicted a correction, and other Chinese meme coins followed the decline; only the dark horse had a brief "one-finger" surge early this morning, with gains exceeding 500%, then fell back to where it was, now trading around 0.0044. FHE is consolidating at high levels; STO surged significantly; River dropped sharply, now at $18.7; MERL plummeted, now trading at $0.2.
3. Institutional and On-Chain Activity: The Floki team-related address sold 27.4 billion FLOKI an hour ago, receiving about $1.35 million worth of ETH. This token activity can be traced back to a Floki deployment address from three years ago. HyperLiquid donated 10,000 HYPE tokens to "On-Chain Detective" ZachXBT, valued at approximately $254,000.
4. Today's Cryptocurrency Fear and Greed Index dropped to 49 (yesterday it was 50, "Neutral"), indicating the market is in a "Neutral" state.
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January 18th
1. Bitcoin Market: Bitcoin is weakly consolidating, currently trading around 95,000. Ethereum surged last night but pulled back this morning, now trading around 3,301. The weekend remains weak and consolidating; next week will be the real test.
2. Altcoin Market: AXS and BERA performed notably, leading the market; yesterday, I was optimistic about Chinese meme coins, but it seems they are underperforming now. I predicted a correction, and other Chinese meme coins followed the decline; only the dark horse had a brief "one-finger" surge early this morning, with gains exceeding 500%, then fell back to where it was, now trading around 0.0044. FHE is consolidating at high levels; STO surged significantly; River dropped sharply, now at $18.7; MERL plummeted, now trading at $0.2.
3. Institutional and On-Chain Activity: The Floki team-related address sold 27.4 billion FLOKI an hour ago, receiving about $1.35 million worth of ETH. This token activity can be traced back to a Floki deployment address from three years ago. HyperLiquid donated 10,000 HYPE tokens to "On-Chain Detective" ZachXBT, valued at approximately $254,000.
4. Today's Cryptocurrency Fear and Greed Index dropped to 49 (yesterday it was 50, "Neutral"), indicating the market is in a "Neutral" state.