2026-01-20 02:10:49

Another round of decline, it seems I have to hold on a bit longer. With the market bouncing around like this, surviving in this environment isn't easy at all.

What's the situation on the coin side—

**$BTC** The rebound from this wave of decline hasn't come back yet, let's just observe for now. The entire market looks nothing like altcoins, with all kinds of meme coins flying around, it's exhausting.

**$ETH** Dropped below 3200. Some are mocking Lihua, but she's still floating on the water, and the buying volume hasn't stopped. Let's see how the trend develops.

**$SOL** Speechless. On-chain activity revived some time ago, now everyone is using stablecoins to play memes, who still uses SOL?

**Whales are still adding positions** — BitMine has staked another 86,848 ETH, with a market value of $279.4 million. Keep buying, keep staking, that's just how the rich do it.

**On the macro side** — CME "Federal Reserve Watch" data shows a 95% probability of maintaining interest rates in January. Japan's 40-year government bond yield broke 4% for the first time since 2007, the market is now closely watching whether the Bank of Japan will intervene in the forex market.

**Some scattered news**: There are suspected addresses in Bhutan engaging in high-leverage long positions on ETH; Venezuela's USDT to Bolivar has fallen a total of 40% since January 7; Magic Eden announced that 15% of platform revenue will be injected into the ME ecosystem, half of which will be used for buybacks, only when it hits zero do they think of buybacks—business logic is indeed a set of routines; PumpFun launched a Pump Fund and a $3 million Hackathon, clearly aiming to pump $PUMP, let's wait and see.

———

The same logic as always: chase the highs, don't catch the bottoms. If you chase the highs, you won't have to worry every day about why it keeps falling. Just cut losses if needed, and if it rises again, chase it. This market is as boring as chasing dragons, constantly wanting to cut the dragon, it's pointless.

BTC0,03%

ETH0,02%

SOL0,45%

PUMP0,07%

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ApeWithAPlan

· 7h ago

Big Fish is adding positions while we're still on the sidelines, that gap really hits hard. 妖币 is flying everywhere, who still cares about fundamentals? ETH breaking 3200 doesn't cause panic, indicating that the underlying faith is still there. Keep watching. We need to pay attention to Japanese government bonds; when the time comes, global funds will scramble. Wait, is SOL really about to become dispensable? Magic Eden's move is quite ruthless; struggling to survive isn't impossible. My advice: don't throw random knives; when the bottom breaks, it's time to buy, otherwise you'll always be chasing the rally. This round of decline might just be darkness before dawn; holding onto chips is the key. Those who chase highs always have a better time than me, how should I put it. BitMine's operations clearly show the fundamental differences between retail and institutional investors.

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LuckyBearDrawer

· 9h ago

Keep falling and falling, the market is really testing patience with this kind of fluctuation. BitMine is still aggressively increasing positions; it's a game only the wealthy can understand. Magic Eden only remembers to buy back when it's almost worthless—this tactic is truly brilliant.

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AltcoinMarathoner

· 01-20 02:39

mile 20 vibes rn. btc just stalled, eth bleeding through 3200... but here's the thing—institutional accumulation never stops. bitminer just locked another 86k eth like it's nothing. that's the real signal imo, not this daily noise

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ser_ngmi

· 01-20 02:35

Big Fish is hoarding ETH, we're just watching the show. Honestly, it's just a joke. Sol currently relies on meme culture to survive; the on-chain ecosystem is already dead. Chasing highs and not bottoms, there's nothing wrong with that. Anyway, losing money is the same. Venezuela's USDT collapsed by 40%? Laughable, this is playing a real-life version of despair. Bitmine staked over 80,000 ETH; wealthy people are just this tough. Japan's government bonds broke 4%, this is truly a black swan. How could the Federal Reserve possibly cut interest rates? Magic Eden buyback? They only remembered when it's almost gone. This business is truly incredible.

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GateUser-c799715c

· 01-20 02:31

Venezuela's USDT is crashing, this is the real black swan event, much slower than BTC's rebound --- BitMine is adding positions again, having money really makes you do whatever you want, retail investors like us can only watch in silence --- Who still cares about SOL now? Everyone's playing memes, the ecosystem has completely gone off track --- The Bank of Japan is making such a big move, it feels like something's about to happen, the crypto circle has to tremble along --- Magic Eden buyback? Only realizing it when they're almost dead, this tactic is truly brilliant --- PumpFun's pump is just like this, the Hackathon routine has been exposed, nothing new --- This wave of decline is really disgusting, BTC's rebound is nowhere in sight --- Demon coins are flying everywhere, there's not a single one worth watching on the entire market, so exhausting --- Rich people should keep buying, let's hold back for now and see what happens

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SchroedingerAirdrop

· 01-20 02:22

Really, the big fish are still lurking and adding positions, while we bunch of newbies are here hesitating. That move on Magic Eden was incredible, they only think about self-rescue when they're about to die, it cracked me up. That guy from Bhutan is really brave, daring to go long on ETH with high leverage, no one else has that kind of mindset. Can't wait any longer, still the same advice: don't chase highs or bottom out, it’s much more comfortable to chase. On the Sol chain, it's completely cooled off, everyone is now into stablecoin memes. The situation with the Bank of Japan is really a variable, keep a close eye on it.

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ShitcoinConnoisseur

· 01-20 02:21

Bhutan high leverage long, Venezuela USDT plummeting, this market is really incredible Magic Eden is willing to buy back only when it's about to die, truly a treasure BitMine's 86K ETH, rich people are just different This market has really messed with my mentality, maybe I should wait and see Is the Bank of Japan about to take action? Feels more exciting than the crypto circle Chasing highs is indeed much easier than bottom fishing, just set a stop loss and it's done, why think about the bottom every day Now SOL is left with only stablecoin meme troops, it's really quite ironic

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