#加密市场隔夜V型震荡

Violent Shakeout Under Low Liquidity

Earlier this week, BTC briefly fell below the key support level of 75,000, then quickly recovered within just 24 hours and stabilized above 78,000. In the past 72 hours, the total liquidation amount across the network reached $5.4 billion, with long positions accounting for over 90%. This mass liquidation cascade was amplified infinitely in the weekend’s thin liquidity environment. Although Ethereum ETF performance remains weak, BlackRock’s IBIT still maintains net inflows. Institutional funds show a strong willingness to absorb in the 74,000-75,000 range.

By 2026, the integration of AI and crypto will no longer be just a hype. AI Agents are becoming the main users on the chain. Future on-chain transactions may be partially executed automatically by AI. This not only changes the liquidity model of DEXs but also makes protocols capable of providing decentralized computing power, such as Render, Bittensor, or AI payment infrastructure, the fastest recovering sectors during this round of volatility.

If 2024 is the concept phase for RWA, then 2026 will be the year of structural breakthroughs. The market is no longer satisfied with simple tokenization of US Treasuries. Currently, private credit and tokenized real estate are being integrated into DeFi portfolios through platforms like Ondo or Centrifuge. In an environment where macro interest rates remain volatile, RWA assets offering non-correlated returns are becoming a fixed component on institutional balance sheets.

Market prediction platforms like Polymarket are approaching hundreds of billions of dollars in weekly trading volume. They are not only gambling tools but also news sources for the media industry. Meanwhile, the annual trading volume of stablecoins has surpassed $40 trillion, officially transforming from a crypto tool into a global settlement infrastructure.

This V-shaped rebound marks the complete failure of the four-cycle law. The 2026 market is dominated by macro liquidity and institutional DAT. Prices are rising amid intense volatility, indicating that the market structure has shifted from retail speculation to structural allocation. Although the V-shaped reversal boosts confidence, the 80,000 level still faces significant trapped positions and technical resistance. The market still needs time to create space to digest previous selling pressure.