分析：BTC尚未出现真正的市场恐慌

Áp lực lợi nhuận bủa vây ngành đào Bitcoin trong tháng 1

In January, the global cryptocurrency mining sector faced challenges with declining profits due to high energy costs and increasing network difficulty. MARA has managed to transfer over 2,125 BTC while holding over 52,000 BTC, ranking second globally in corporate Bitcoin reserves. Mining efficiency has dropped significantly, leading to price reductions by Bitmain. North America’s market share has fallen to 35% as some operators shift to AI. Nationally, various countries are adjusting their mining regulations, with some cracking down on illegal operations while others legalize mining activities.

分析：比特币“Mayer Multiple”指标跌至2022年水平，市场或仍有下行空间

截至2月9日，比特币“Mayer Multiple”指标降至0.65，低于超卖水平0.8，创2022年5月以来首次。尽管极端低位可视为买入信号，但仍可能面临进一步下跌，甚至测试4万美元区间。

Strategy创始人：数字资本与衍生资产的回报表现将优于传统市场

Odaily星球日报讯 Strategy 创始人 Michael Saylor 在 X 平台发文表示，数字资本（比如比特币）的回报优于传统资本，而数字信贷（比如 Strategy 的优先股 STRC）表现优于传统信贷，同时 Strategy 股票作为比特币的“放大敞口”，表现也将优于比特币本身。

Bitcoin and Crypto Could Fall Further as Donald Trump’s New Actions Rattle Global Markets

The prices of various cryptos have taken a bad hit in recent weeks and things could even get better soon. That fragile mood sits at the center of a wider debate about regulation, global liquidity, and political pressure in the United States. Market structure talks in Washington now collide

灰度：比特币短期更像科技股，克服波动才能成为“数字黄金”

灰度最新报告指出，比特币近期下跌更像科技股回调，而非黄金避险模式，表明仍为新兴技术资产。长期看，监管和基础设施创新或推动比特币成为价值存储，但需解决扩展性等问题。

数据：61.3 枚 BTC 从 Hyperunit 转入 Wintermute，价值约 420 万美元

ChainCatcher 消息，据 Arkham 数据，在 21:25，61.3 枚 BTC（价值约 420 万美元）从 Hyperunit 转入 Wintermute。