2026-01-16 01:22:19

The recent rally indeed followed the pattern of爆空单 (short squeeze), and once it was completed in one go, the momentum faded. Now we are in garbage time, with daily downward movements, which is really uncomfortable.

Let's first look at the performance of mainstream coins. BTC finally surged to 97,000, but no one was willing to buy in, and then things became awkward — it doesn't move when US stocks rise, but it actually pulls back when US stocks fall. This operation is a bit hard to understand. ETH followed suit as a laggard, despite continuous good news, but it seems most of it has already been digested. On the other hand, SOL on-chain activity has started to heat up, perhaps bringing some vitality to the main tokens.

The macro environment continues to exert pressure. Federal Reserve's Bostic stated that inflation still requires vigilance, and tightening policies are non-negotiable in the short term. However, BlackRock CEO poured cold water, saying there is no AI bubble at all, and that rate cuts are well justified. This is a signal worth pondering.

At the project level, CME announced plans to launch futures contracts for Cardano, Chainlink, and Stellar. This news caused a short-term rally, but prices quickly fell back. Additionally, LIT has started listing on major exchanges, and Bitmine has continued to increase its holdings, recently buying 24,068 ETH worth over $80 million. Tom Lee revealed that Vitalik and Sam Altman will attend Bitmine's shareholder meeting, which is quite noteworthy.

It is worth noting that the X platform has begun to regulate the rewards mechanism for crypto creators, banning so-called "InfoFi" projects. Kaito also paused Yaps incentives and launched a new Studio distribution model. The market is adjusting, and the rules of the game for creators are changing.

BTC-0,83%

ETH0,03%

SOL0,34%

ADA-1,38%

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AltcoinMarathoner

· 01-19 01:13

ngl, we're literally at mile 20 of this marathon and everyone's panicking about the temporary water shortage. btc bouncing around 97k like it's unsure of the finish line—classic accumulation phase noise. the real signal? sol ecosystem heating up while main coins consolidate. this is exactly when smart money stack, not when they panic sell. zoomed out perspective never lies.

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AlphaWhisperer

· 01-18 04:29

Garbage time is really incredible. Watching this crappy market every day makes me want to smash the screen. 97,000 can't hold the drop, no one truly believes it anymore. SOL still has some warmth here, unlike BTC which feels dead and dull. Bitmine's massive purchase of ETH—are they really bottom-fishing or is there another plan? Platform X cuts creator incentives—who the hell still wants to make content? Is the reason for interest rate cuts convincing? Ha, just listen and forget it. CME futures have been full of twists and turns—this reflex arc is truly exceptional.

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GrayscaleArbitrageur

· 01-17 21:28

Short positions are being wiped out again and the market is declining steadily, this market is really annoying. BTC 97000 no one is taking it, this mysterious operation is really impressive. SOL activity has increased, maybe it can save the situation. CME new futures are out and have fallen back, that's just how it is. Bitmine continues to buy ETH, at least some people are still optimistic.

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BearMarketBarber

· 01-16 01:52

97,000 nobody taking it? I've seen more outrageous things After the short positions are wiped out, it's time for a shakeout, which is a common script BTC's move is indeed disappointing, but there's hope if SOL picks up Bitmine is aggressively buying ETH, big players are testing the waters

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FantasyGuardian

· 01-16 01:40

97,000 is the ceiling, anyone who believes it is bound to lose --- ETH's awkward situation, good news is being fed to the dogs --- SOL is quietly gaining momentum, mainstream coins are still in a daze --- Bitmine's recent buy-in was a bit aggressive, over 100 million dollars poured in, just waiting for a crash --- Platform X's crackdown, the routine of cutting leeks will have to change again --- With such macro pressure, rebounds are fake, don't believe it --- Short-term rally then turns down, a typical accumulation move, make a profit and run --- Is it inflation or a bubble? Even the big shots can't tell clearly --- Vitalik and Sam are going to a meeting? The hype is in full swing --- During dead times, it's best to rest, don't get cut again

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GasFeeNightmare

· 01-16 01:40

97,000 can't connect the market, this is really awkward. BTC's moves are indeed outrageous, the rise and fall are opposite? SOL is a bit interesting, on-chain activity is picking up. Wait, is Bitmine eating up chips again? This pace is a bit fierce. Trash time is just tormenting people, daily downward dips really can't hold up. CME's futures news can't save the situation at all, short-term rallies immediately fall back, what does that mean? I need to carefully consider what the CEO of BlackRock said, is the reason for interest rate cuts sufficient? That's quite interesting. The creator reward mechanism has been rectified, InfoFi has been banned, these game rules are changing too fast. Vitalik and Sam Altman are attending the shareholder meeting? This gossip has some flavor. Inflation alert, no room for tightening, macroeconomic cold water is being poured quite harshly. ETH is following along, the news is exhausted, no momentum left for real.

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RektRecorder

· 01-16 01:36

97,000 can't hold the market, this is really outrageous --- Another bullish hype that tricks you into throwing money, ETH really has no strength --- How much longer will the garbage time last? I really can't take it anymore --- What is SOL doing? Why is it so active now --- CME futures just dropped after launch? Feels like a trap to fool people --- Bitmine's recent buying was a bit aggressive, but I still don't believe it --- Is the rate cut signal reliable? What is this old fox BlackRock planning to do again --- X is restructuring creator rewards, changing the game rules again, so annoying --- BTC is operating inversely to the US stock market, who the hell can understand this logic --- Invested $80 million, Vitalik and Sam attended the shareholder meeting, this script is pretty well written

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DegenGambler

· 01-16 01:32

It's the same old trick again, after the short positions are wiped out, there's nothing left. So boring. 97K can't hold the market, BTC's move is exceptional, a bit disappointing. SOL is rallying, indicating that the mainstream hasn't taken off yet. The signals are there but all useless; the news is 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