1.17 Market Trends

1. BTC briefly touched around 94,000 before moving up, with weekend volume shrinking into narrow-range adjustments; let's see how it performs over the weekend. If the momentum holds, next week will enter the final sprint phase:

2. ETH remains quite strong, oscillating around 3300, following Bitcoin’s movement;

3. Trump: May impose tariffs on countries holding different opinions on the Greenland issue;

4. Whales increased their long positions in BTC and ETH, bringing their total holdings to $449 million;

5. Spot gold fell below 4560/oz, down 1.42%;

6. Bitcoin cycle volatility dropped to its lowest in 4 months, ETF inflows reached $1.81 billion;

7. Hong Kong promotes stablecoin development and expands gold storage facilities;

8. Etherealize co-founder predicts ETH will reach $15,000 by the end of the year;

9. The White House considers withdrawing support for the crypto bill due to dissatisfaction with Coinbase’s actions;