Market Trends
The overall cryptocurrency market currently shows a cautious pullback after a high-level oscillation. BTC briefly fell below $91,000 last night, influenced by macroeconomic data (soft non-farm ADP) and geopolitical narratives (U.S.-China oil agreement increasing supply), leading to a cooling of risk appetite. However, institutional signals remain clear: Morgan Stanley, following BTC and SOL, has officially submitted an application for an Ethereum spot trust. The market is in a “shock and wash” phase, with over 90,000 liquidation events in the past 24 hours. Caution is advised in operations, and attention should be paid to key support levels for signs of stabilization.
Mainstream Coins
BTC
The short-term trend appears fragile due to a lack of sustained optimistic derivatives signals. Currently, the price is battling within the $90,000 - $91,000 range. The low demand for CME futures contracts reflects institutional hesitation. Although long-term holders have locked in 1.42 million BTC without large-scale outflows, there is a short-term risk of liquidity drying up and causing price spikes.
ETH
Supported by significant institutional backing. Morgan Stanley’s application for an Ethereum spot trust has provided a strong boost, and the trust plan introduces third-party staking to generate passive income. Despite the current price being dragged down to around $3,100, ongoing accumulation by giants like BlackRock and the upcoming Fusaka upgrade give it strong dollar-cost averaging value below $3,000.
SOL
In a technical adjustment phase, but ecosystem developments continue to support it. Wyoming’s FRNT plan and the upcoming large-scale SKR airdrop (January 21) provide application-side support. Attention should be paid to the $125 - $130 support zone. If BTC stabilizes, SOL is expected to lead a wave out of the ABC correction due to its advantages in high-frequency trading and payments.
BNB
Entering a “steady arbitrage” period. The opBNB and mainnet hard fork significantly improved performance, and BNB Chain continues to lead in active EVM addresses. The active meme sector has driven large amounts of tokens to be locked and burned, reducing circulating supply. Short-term, a risk-neutral hedge yield of around 15% is recommended.
Popular Coin Dynamics
RIVER
Strong bullish betting opportunity. After strategic investment from Arthur Hayes’ Maelstrom Fund, its daily trading volume once surged to $3.5 billion (second only to BTC/ETH on Binance futures). Despite short-term profit-taking, its “chain-abstracted stablecoin system” and OKX’s 33,000 token reward activity continue to attract significant capital.
SEI
Long-term allocation value. Its parallel execution architecture is attracting many AI social applications, with Kindred AI’s waiting list surpassing 7 million. As the Giga upgrade further consolidates performance premiums, as long as the price stays above the 20-day moving average, its valuation reassessment in the L1 space remains solid.
XRP
Market attention has significantly rebounded. Although WisdomTree withdrew part of its ETF application causing slight volatility, Hyperliquid launched XRP spot trading based on Flare, greatly improving its liquidity within decentralized finance systems. Institutional optimism about its compliant payment scenarios in 2026 is offsetting short-term selling pressure.
BREV
Bullish betting opportunity. As a representative infrastructure for ZK proof computation settlement, it shows strong resilience at the $0.5 level. Although it faces initial consensus instability with new token launches, support from top exchanges and its low-cost technical advantages give it medium- to long-term value in the AI infrastructure sector.
The above information is automatically generated by @xhunt_ai and does not constitute investment advice.
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