This week, BTC fluctuated at a high level, with the price hovering between $93,500 and $95,500, and the market was waiting for key data such as non-agricultural data. The ALPACA incident revealed that the dealer manipulated low-market-cap coins, using short squeeze and funding rates to harvest retail investors. The price soared 7 times and then collapsed, highlighting the risk of speculation. At the same time, the US encryption policy has been favorable. Arizona passed the Strategic Bitcoin Reserve Act, which may become the first state to establish a Bitcoin reserve and plans to invest $7.8 billion in BTC. The bill reflects the mainstream trend of cryptocurrency, but the risk of the governor's veto still exists. In the future, more states and federal levels may accelerate similar legislation, and the trend of BTC reserves can be expected in the long run.

The Sino-US trade war has fallen into a "chicken game", and the mutual imposition of tariffs has aggravated the global economic losses. In the future, it may evolve into a "hawk-dove game", and the positions of 80 countries around the world will become the key variable. The manufacturing industry is facing the pressure of decoupling and rising costs, and the reconstruction of the global supply chain is accelerating. In the mainstream crypto market, ETF funds have significantly returned, and the issuance of stablecoins is moderate. BTC is at a high level and needs to be vigilant about a correction. ETH's trend is weak, but the activity on the chain has rebounded, or a phased rebound may be brewing. As market sentiment warms up, we still need to pay attention to the sustainability of funds and policy changes.

The Sino-US trade war has escalated, and the global economic situation has become more complicated, but it has not caused a significant blow to market sentiment. Benefiting from the large net inflow of ETFs and the issuance of stablecoins, the funds in the crypto market have rebounded, supporting the trend in the short term. BTC fluctuated at a high level, ETH was weak, and the altcoins recovered quickly but still had the risk of callback. At present, we need to maintain a defensive mentality, pay attention to the key defensive position of BTC at $91,600, control positions, and select strong sectors for layout. The position of global economies will profoundly affect the final direction of the Sino-US game and market trends.

The current market is in a stage of shock bottoming, funds are rationally repaired, BTC's dominance is stable, and the main turnover is concentrated around $84,500. ETF and stablecoin funds have returned slightly, and the sentiment in the market has become cautious. In the short term, pay attention to whether BTC can break through $88,700, and in the medium term, pay attention to the impact of the Supreme Court ruling in May on the independence of the Federal Reserve. The SOL chain is active, and the on-chain data has warmed up, with the potential for a structural rebound. In the long run, BTC benefits from the credit risk of the US dollar and the logic of sovereign crypto reserves. It is recommended to pay attention to its asset allocation value.

Affected by the escalation of the global trade war and capital outflow, the crypto market will maintain a volatile downward trend in the short term, with the key support of $74,500. Negative ETF and stablecoin fund flows reflect a decline in risk appetite. Bitcoin's structural rebound is hindered, and selling pressure is formed in the chip-intensive area; Ethereum is relatively weak but the on-chain activity has rebounded. In the medium term, we still need to pay attention to the rebound opportunities brought about by interest rate cuts and changes in the geopolitical situation. Structural opportunities focus on BTC dominance, RWA and re-staking.

The US stock market is volatile again due to the trade war. In the short term, it may fall by 3%-5% due to high inflation and declining consumption; the risks of technology and automobile sectors are increasing. Although BTC has a safe-haven attribute, it may fall with the US stock market in the short term, and it will still benefit from inflation and the depreciation of the US dollar in the medium and long term. In March, ETF funds outflowed US$770 million, the growth momentum of stablecoins was weak, and the overall market liquidity was under pressure. BTC's dominance rate rose to 63%, maintaining a strong dominance, and paying attention to the support performance of the key range of $85,000-$80,000.

This week, the overall US economic data was strong, and the market's expectations for short-term interest rate cuts were significantly lowered, dragging down the performance of the Nasdaq and Bitcoin. The rise in CPI is linked to interest rate expectations and has become a core variable in the market. Historical correlation shows that for every 1% fluctuation of the Nasdaq, Bitcoin may be magnified by more than 2 times. The current high correlation between BTC and NDX, coupled with the downward expectation of interest rate cuts, has a weak short-term trend. At the same time, the total amount of stablecoins continues to hit new highs, ETF inflows remain low, OTC premiums stabilize, and overall liquidity has not yet formed a strong upward momentum.

This week, the crypto market was affected by macroeconomic data, the U.S. stock market was under pressure, and the BTC price fluctuated in the range of 96,000 to 98,000 US dollars. High inflation data pushed up expectations of interest rate hikes, the issuance of stablecoins slowed down, and BTC ETF funds flowed out, and the market capital flow became cautious. Although BTC may become a safe-haven asset, the altcoin market is still facing capital outflow pressure, and the overall investment sentiment is relatively cautious. In the short term, it is recommended to pay attention to the trend of the U.S. stock market and the flow of stablecoin funds. BTC may have an oversold rebound opportunity, while the altcoin market still needs to wait for stronger fundamental support.

From February 3 to 7, 2025, the crypto market was significantly affected by the macro economy and capital flows. BTC maintained a range of 95,000-97,000 USDT, with expectations of interest rate cuts increasing but inflation limiting gains. The issuance of stablecoins provided some support, but the decline in ETF inflows reflected the cautious sentiment of institutions. The altcoin market fell sharply due to the impact, funds continued to flow out, and the market share hit a low point. In the short term, attention should be paid to the impact of CPI data on expectations of interest rate cuts. In the medium term, ETF capital flows are the key, and the long-term market trend depends on the shift in the Fed's monetary policy. The repair of altcoins still needs to wait for BTC to stabilize.

This week, affected by the slowdown of US economic data, the recovery of stablecoin supply and the inflow of ETF funds, the price of BTC exceeded $100,000, and the market sentiment was positive. The core CPI was lower than expected and the weak labor market was good for risky assets, driving BTC up. Stablecoins issued an additional $751 million and ETFs inflowed $887 million, enhancing market liquidity and confidence. BTC's market share fell slightly, and funds in the altcoin market returned, which may rebound in the short term. It is expected that BTC will maintain its upward trend in the short term and is expected to challenge the high of $105,000. It is recommended to pay attention to volatility risks and appropriately deploy altcoin opportunities.

The crypto market may continue to fluctuate and pull back next week. The macro environment is neutral to bearish. High interest rates suppress liquidity. We need to pay attention to policies and inflation data. In terms of capital flows, ETF and stablecoin inflows have rebounded, but market sentiment tends to be neutral. Non-mainstream asset funds continue to flow out, and selling pressure is significant. BTC prices face great resistance in the $90,000-$100,000 range. A correction to $85,000-$90,000 may attract long-term funds to enter the market. In the short term, we need to be cautious in layout and avoid chasing high prices. There may be a rebound opportunity for altcoins after a sharp adjustment, but we need to choose the right time to act.

Macro volatility intensified in January, and strong employment data reinforced the Fed's tightening expectations, which is good for risky assets in the short term, but liquidity may be under pressure in the medium term. BTC's dominance has declined, and insufficient trading volume has limited the rebound space; capital outflows in the altcoin market have slowed down, and some tracks have shown signs of recovery. The decline in USDT premium discount and stablecoin supply reflects the shrinking liquidity, and we need to be vigilant about market volatility risks. Strategically, BTC investors pay attention to key support and volume changes, and altcoin investors can moderately participate in the rebound of high-liquidity projects.

Magic Eden is a leading multi-chain NFT market, which dominates the Solana and Bitcoin ecosystems, but faces strong competition from Blur and OpenSea in the Ethereum ecosystem. Despite its outstanding revenue and market share, the price of the token $ME has fluctuated significantly since its issuance, and market confidence is insufficient. The future token unlocking may increase selling pressure. The platform needs to break through the bottleneck of the Ethereum market, optimize the economic model, and promote ecological innovation to consolidate its industry position and realize long-term growth potential.

This week, the crypto market was affected by the fluctuation of macroeconomic data, with weak short-term performance but positive long-term trend. The strong service PMI boosted risk assets, but the shrinking manufacturing industry and the decline in consumer confidence weighed on market sentiment. Stablecoin and ETF funds continued to flow out, BTC trading volume and price fell, and the market share fell to 58.07%. At the same time, the capital in the altcoin market was active, and the bull market may be approaching. The witching day liquidation led to short-term fluctuations, but the key support of BTC at $92,000 still needs to be stabilized. Next week, pay attention to the Layer2 and DeFi sectors, or there may be opportunities for capital rotation.

The crypto market is expected to maintain a volatile adjustment next week. Insufficient liquidity in the short term will limit the rebound space. The support level of BTC is $98,000-$100,000, and the resistance level is $105,000. The increased expectations of the Fed's interest rate cut and the Bank of Japan's loose policy will bring long-term benefits to the market. The altcoin market is still weak, and the Layer2 sector has medium- and long-term potential. Investors are advised to pay attention to the opportunities for building positions in the key range of BTC in the short term, deploy high-quality projects in the medium and long term, and dynamically adjust strategies to deal with risks.

With strategic investment from Binance in September, OpenEden has taken an innovative path in the RWA field. It focuses on the U.S. Treasury bond on-chain and opens up new paths for investors. Its product OpenEden TBill Vault allows USDC holders to easily participate in U.S. Treasury bond investment; with the support of Moody's "A" rating, the TVL exceeds 125 million US dollars and attracts many institutional clients. How it will shine in the RWA market after Binance's investment is worthy of investors' attention.

This week, BTC hit the 100,000 mark, triggering altcoins to follow suit. MEME has changed its rhythm, and DeSci has become a new highlight. Technical analysis of the trend from the four-hour and weekly lines shows that there is momentum to continue to rise and adjustment signals. Combined with the market's publicity and historical callback rules, the trading strategy for next week is to end with a cautious long position. Long orders that have been held need to be reduced at highs, taking into account potential opportunities and risk prevention and control.