Matrixport's weekly report states that after a rapid pullback, Bitcoin reached a key downside target range, but the market is still teetering between "improved macroeconomic environment" and "insufficient technical correction." Rising growth indicators, stronger fiscal policy, and a weaker dollar should have supported risk assets; however, Bitcoin has yet to provide a clear and sustainable reversal confirmation. Technically, key trend levels previously used to distinguish between "phased rebounds" and "structural downtrends" have been broken and lost, and previous support zones have now become resistance. Therefore, the recent rebound is more like a corrective recovery after a decline, rather than a shift in trend or structure. Positioning structure further amplifies upward pressure: a large amount of capital entered at higher price levels, with limited reductions during the pullback. In the absence of a convincing new narrative or catalyst, this existing capital is more likely to translate into upward supply pressure rather than effective support. From a cyclical perspective, the current situation resembles the top of the late stage of a cycle. Historically, in similar phases, even with improved macroeconomic conditions, prices may not immediately stop falling, often experiencing a period of decline or weak consolidation, with the center of gravity eventually shifting further downward. The reasons stem from the capital structure and participation: When the market is crowded and participation weakens, funds that entered at high levels tend to recoup their losses and reduce risks during rebounds. Selling pressure is likely to outweigh the absorption of new funds, and macroeconomic benefits are more difficult to transform into sustained upward momentum in the short term.

Cryptocurrency, Paoul Pal: The crash is making you feel stressed, fearful, and doubtful. Look at my experience across multiple cycles. Golden Finance, let me say it again… Buy on dips (BTFD).

Mark-to-market losses on Bitcoin holdings pushed Michael Saylor’s firm into the red as prices fell below its average acquisition cost. source: https://cryptonews.com/news/strategy-posts-12-4b-loss-as-bitcoin-falls-below-cost-basis/

The Wyoming Senator said stablecoins give banks an "entirely new financial product" as the crypto market structure bill faces a delay. source: https://decrypt.co/357157/senator-lummis-banks-embrace-stablecoins-clarity-act-stalemate

The Reserve Bank of India (RBI) is committed to maintaining sufficient liquidity in the banking system, according to RBI Governor. According to Jin10, the central bank will adopt a proactive approach to liquidity management, ensuring that the financial system remains stable and well-supported. The RBI's strategy aims to address potential liquidity challenges preemptively, reflecting its commitment to sustaining economic stability.

Sunway Healthcare Group is preparing for an initial public offering (IPO) that could raise nearly $1 billion, drawing significant attention from international investors. Wall Street Journal (Markets) posted on X that the Malaysian healthcare provider is seeking to expand its operations and enhance its services through this substantial capital influx. The IPO is expected to be one of the largest in Malaysia this year, reflecting the growing interest in the country's healthcare sector. Sunway Healthcare aims to leverage the funds to improve its infrastructure and expand its network of hospitals and clinics, catering to the increasing demand for quality healthcare services in the region. Foreign investors are reportedly keen on participating in the IPO, attracted by the promising growth prospects of the healthcare industry in Southeast Asia. Sunway Healthcare's strategic plans include enhancing its technological capabilities and expanding its reach to serve a broader patient base. The company has been steadily growing its presence in the healthcare market, and the IPO is seen as a pivotal step in its expansion strategy. Analysts suggest that the successful execution of this IPO could position Sunway Healthcare as a leading player in the regional healthcare industry. As the IPO date approaches, Sunway Healthcare continues to engage with potential investors, highlighting its commitment to delivering high-quality healthcare services and its vision for future growth. The company's leadership is optimistic about the IPO's potential to accelerate its expansion plans and strengthen its market position.

CZ stated in a post on the X platform that they are currently collaborating with more countries to launch their native stablecoins. Every currency should be represented on-chain.

Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday. source: https://cointelegraph.com/news/bitcoin-miners-iren-cleanspark-financial-earnings-short?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Wall Street's most popular trades, from tech stocks to gold and cryptocurrencies, are experiencing a sudden shift towards risk aversion. According to PANews, this change is not driven by a single trigger, unlike the panic-induced market crash last April when U.S. President Donald Trump initiated a trade war. Instead, a series of accumulating news has raised alarms, causing anxiety over asset valuations, which many have suspected to be excessively high, leading investors to withdraw almost simultaneously. Thursday's market performance underscored this trend: the S&P 500 fell 1.2%, marking its third consecutive day of losses, while the Nasdaq 100 extended its decline, experiencing its deepest pullback since last April. Software stocks continued their downward trajectory, as AI company Anthropic introduced a new model aimed at conducting financial research, highlighting competitive threats from emerging technologies. Silver prices, which had previously reached historic highs alongside gold, plummeted 17%. Bitcoin dropped 10% in a single day, erasing gains made since Trump won the election 15 months ago, as investors unwound leveraged trades that had turned unprofitable. U.S. Treasury bonds rebounded, reaffirming their role as a traditional safe haven. Alphabet, Google's parent company, saw its stock under pressure despite exceeding revenue expectations, following the announcement of ambitious spending plans. After the U.S. stock market closed on Thursday, Amazon's stock plunged 10% as the company revealed plans to invest $200 billion this year, far exceeding analyst expectations, amid growing concerns over excessive spending on AI by tech companies. Recent market movements contrast sharply with Wall Street's sentiment at the beginning of the year, when strategists anticipated the longest rally in U.S. stocks in nearly two decades. These predictions were based on assumptions that the AI boom would persist, a resilient economy would continue to support corporate profits, and the Federal Reserve would lower interest rates. While this overall outlook largely remains, as evidenced by robust earnings reports released in recent weeks, the market is refocusing on accumulating risks: which companies might be eliminated in the AI wave; the potential direction of monetary policy if Kevin Warsh, nominated by Trump, is confirmed as Federal Reserve Chair; and whether asset valuations, including gold, Bitcoin, and tech giants like Alphabet, are unsustainably high. Bitcoin's momentum has notably stalled: last year, the speculative frenzy following Trump's victory drove cryptocurrency prices sharply upward, but this month, as investors withdraw en masse, the market has experienced a collapse. On Thursday, Bitcoin's sell-off intensified, affecting other cryptocurrencies, related ETFs, and 'crypto vault' companies like Strategy. By late Thursday afternoon in New York, Bitcoin had plunged 13%, falling below $63,000, nearly halving from its all-time high four months ago. In the stock market, declines were relatively moderate but widespread, with nine of the S&P 500's 11 major sectors experiencing losses. Besides concerns over which companies might lose in the AI technology wave, investors are questioning whether massive investments in this technology will ultimately yield returns. Alphabet's stock decline reflects this sentiment. Industry experts note that people are clearly shifting towards more defensive strategies. This resembles a 'shoot first, ask questions later' market environment, with fear and uncertainty evident across the market. The recent pullback reflects market concerns that the hottest stocks and assets like gold have risen too quickly and are due for a 'reckoning.' This is a reset, as momentum may have been overly consumed.

Solana spot ETFs experienced substantial net inflows totaling $2.82 million on February 5, according to Foresight News. The Fidelity SOL ETF FSOL led the inflows with $1.86 million, bringing its historical total to $158 million. The Bitwise SOL ETF BSOL followed with $1.48 million in daily inflows, accumulating a historical total of $682 million. As of the latest report, the total net asset value of Solana spot ETFs stands at $675 million, with a Solana net asset ratio of 1.51%. The historical cumulative net inflow has reached $874 million.

Gate Research released a report titled "Gate ETF Scale Effect Continues to Emerge," highlighting that amidst the widespread contraction and reduction of ETF leveraged token supply by cryptocurrency exchanges in the past two years, the ability to consistently and stably offer ETF trading products has become a scarce competitive advantage. The report points out that the industry doesn't no longer need leverage; rather, complex structured products, lacking clear mechanism disclosure and cost explanation, are prone to misuse and controversy, leading many platforms to exit the market. Gate, however, has continued to iterate and expand this category during this downturn. The research shows that Gate has transformed ETF leveraged tokens from a single function into a mature product line that is scalable, explainable, low-cost, and standardized. In 2025, Gate supported trading in 244 ETF leveraged tokens, accumulating approximately 200,000 users and generating hundreds of millions of dollars in daily trading volume. At the mechanism level, Gate clearly discloses rebalancing times, trigger intervals, and share merging and splitting rules, and unifies all hedging-related costs to a 0.1%/day management fee, covering funding rates, transaction fees, and slippage, making costs "centralized and visible" rather than "implicitly dispersed." At a time when the industry is choosing to reduce the supply of complex product categories, Gate is further transforming scarce supply into a structural advantage of liquidity and user stickiness by leaving the execution complexity to the platform and the transaction certainty to the users.

The cryptocurrency market has fallen 50% since October 11, wiping out $2.2 trillion in market capitalization. BTC has given back all its gains since the US presidential election and is currently down 10% from when Trump was elected. If the fundamentals haven't changed, why has cryptocurrency crashed?

Bitwise has filed with the US regulator to launch the first ETF that would track Uniswap’s UNI token, giving investors access to it through a traditional investment product. The proposed fund would hold UNI directly, with Coinbase acting as custodian if the application is approved.

Decentralized prediction market leader Polymarket is making a bold move to strengthen the safety and reliability of its settlement infrastructure by migrating its trading collateral from bridged USDC to Circle-issued native USDC.

Bitcoin suffered another bloodbath, hitting $60,000. The global sell-off of risk assets has pushed cryptocurrencies into a new downward trend. Investors' panic continues to intensify amid the market decline. How much confidence remains? Where will it fall to? Is there any possibility of a bottoming out and rebound?

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2959, providing you with the latest and fastest news on the digital currency and blockchain industry.

The overvalued US dollar is weakening: How should the RMB respond? Golden Finance: Will the RMB depreciate significantly once it achieves free convertibility?

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

What risks do ordinary players and promoters face respectively? This article clarifies the criminal liability behind the "prediction market".

BTC has officially fallen below the key psychological level of $80,000, and the market is undergoing a brutal rebuilding of confidence.