Gold market expert Rick de los Reyes stated that gold may consolidate sideways in the near term but is expected to reach new highs afterward. He analyzed that gold prices are rising rapidly with "short squeeze" characteristics, and historical experience shows that after a sharp increase, prices usually undergo a period of consolidation. However, the demand factors supporting gold remain solid.

On January 30, news broke that as Trump is about to announce his nominee for the new Federal Reserve Chair, former Fed Governor Kevin Warsh's support rate on prediction platforms has rapidly increased. Data shows that his nomination probability once rose to 93%, jumping from less than 40% to the market consensus level in a short period, indicating that funds are quickly converging on the belief that he will win. Several media outlets reported that the Trump administration has considered Warsh as a core candidate. In addition to him, the final candidate list also includes National Economic Council Director Kevin Hassett, current Federal Reserve Governor Christopher Waller, and asset management executive Rick Rieder. Trump is expected to officially announce the result on Friday morning.

Rick Rieder has nearly a 50% chance of becoming the next Federal Reserve Chair on Polymarket, leading other candidates. He has extensive experience in the bond market and manages BlackRock's global fixed income business. If he takes office, he will face the challenge of lowering interest rates and addressing rising inflation.

BlackRock's Global Fixed Income Chief Investment Officer Rick Rieder stated that Bitcoin will replace gold and advised investors to hold Bitcoin. His chances of becoming the Federal Reserve Chair candidate have risen to the top, and it is expected that Bitcoin will continue to rise.

January 26 News, against the backdrop of rapidly escalating risks of a US government shutdown, Bitcoin prices came under pressure over the weekend, breaking below the $88,000 mark and touching a low of approximately $87,158. As market risk aversion sentiment spreads, crypto assets have experienced a synchronized pullback, with Ethereum also dipping into the $2,800 range, indicating that macroeconomic uncertainty is currently dominating short-term trends. Polymarket data shows that the probability of a US government shutdown has risen to about 75%, due to a political deadlock in Congress over the spending ceiling and Department of Homeland Security funding. Reports from US media indicate that some Democratic lawmakers threaten to block the passage of related bills, further fueling market concerns over a disruption in fiscal operations. Presto Research analyst Rick Maeda stated that this round of Bitcoin decline is mainly driven by macro-level risk aversion sentiment rather than internal negative news within the crypto industry.

On January 26, news reports indicate that amid rising concerns that the US government may face a shutdown, Bitcoin prices continued their recent correction trend, briefly approaching the $87,000 mark on Sunday evening. Risk aversion quickly spread across the entire crypto asset market. Data shows that Bitcoin fell about 1.9% in the past 24 hours, trading at $87,158. Ethereum also retreated to $2,847, down more than 3%. Presto Research analyst Rick Maeda stated that this downward movement was not triggered by negative news specific to the crypto industry, but was driven by macro risks. "Uncertainty in funding and political deadlock have heightened market tension. The risk of a US government shutdown has become a key factor suppressing risk assets, and the crypto market has also been impacted."

The latest data shows that Rick Rieder's chances of being elected Federal Reserve Chair have risen to 59%, making him the top contender. Kevin Warsh, Kevin Hassett, and Christopher Waller have winning probabilities of 27%, 5%, and 6%, respectively.

Gate Alpha will conduct the 148th ACU point airdrop on January 22nd, using a tiered airdrop model. Users can receive different amounts of ACU tokens based on their accumulated points. The top four cryptocurrencies with the recent highest gains are X1XHLOL, VLR, NOCODE, and RICK. Gate Alpha supports multiple popular public chains, enabling seamless cross-chain transactions.

Odaily Planet Daily reports that Polymarket data shows a 53% chance of Kevin Warsh being elected Federal Reserve Chair, a 27% chance for Rick Rieder, a 5% chance for Kevin Hassett, and an 11% chance for Christopher Waller. Related reference: "The last spot on the Federal Reserve Chair candidate list, what is Rick Rieder's attitude towards crypto?"

Odaily Planet Daily News: U.S. President Trump: Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, and former Federal Reserve Board member Kevin Warsh, are suitable candidates for the next Federal Reserve Chair. (Jin10)