🧐 SUMMARY OF THE DRAMA CAUSING ETH TO DROP

• Ethereum Foundation (EF) was caught secretly selling ETH to fund the organization more than usual (around $100 million/year) => EF has started to be more transparent in reporting its assets.

• Internal conflict within EF, as executive director Aya Miyaguchi posted a thread expressing dissatisfaction with the organization she is dedicated to. Danny Ryan, the lead of The Merge implementation team, also resigned.

• ETH drops, the coin that most crypto investors hold => The larger the community, the more toxic criticism there is.

• Investors are calling for a leadership overhaul at EF => Vitalik says "no, the power is still his" => More controversy about decentralization.

• Recent trends in the market are all stemming from Solana, while previously Ethereum was the pioneering chain initiating trends => The last straw has led many to feel disheartened, believing SOL will soon surpass ETH.

=> In summary, ETH is being criticized harshly for not increasing, with investors calling for a change in the leadership team for something fresher.

A FEW "LIGHTS OF HOPE" FOR ETH HOLDERS IN THE NEAR FUTURE THAT I SEE

• In March, Ethereum will have the Pectra update.

• Trump's Port WLF has over 50% related to ETH, even staking ETH => They might have anticipated something.

• Major news outlets, notably Bloomberg, have published negative news about ETH's chart => When major news outlets reported that BTC was about to drop, BTC created a bottom :)))

• In January & February every year, ETH consistently records good performance => Everything seems to be gradually setting up.

🧐 After the event of Trump being inaugurated as the President of the United States, there will be many interesting things happening

According to on-chain data, Trump's World Liberty Funds has added 70 million dollars in ETH in the past week.

Trump's son-in-law, Eric, also hinted that the WFLI fund will do something noteworthy on the day he takes office.

These moves indicate that Team Trump is likely setting up to welcome capital flows into DeFi, and we expect quite a few hot news about DeFi & RWAs to be released soon.

In the next article, I will present some notable DeFi & RWA projects (even those not listed on Binance) for your reference.

📉 MARKET OVERVIEW WEEK [20/1 - 26/1]

1/ BTC

• BTC has broken the short-term trendline, expecting to retest the trendline at 98k5 - 99k before continuing to rise.

• DOM is at a resistance area, expecting to decrease further in the short term below the range of 55 - 56.

2/ CASH FLOW

• Last week, approximately ~ 13559 BTC (over B1.35$) was withdrawn from exchanges.

• The amount of USDT on the ETH network withdrawn from exchanges is over M384$.

• Average spot volume across exchanges increased to 75.6B$ thanks to Trump news.

• No large stablecoin minting events occurred.

=> The amount of stablecoin minted is low while withdrawals are high, the future of altcoins looks bleak.

👉 This week, you all should focus on Trump portfolio: ONDO, LINK, COW, ENA,…

Surely changing "expecting" to "wishing" will make more sense at this time, right everyone? 🥲

🇺🇸 TRUMP IS THE FIRST PRESIDENT IN HISTORY TO LAUNCH A MEME COIN ($TRUMP)
As soon as Trump confirmed on social media, $TRUMP reached an ATH of $15.1 (x8000%) and achieved a market cap of 12 billion USD
Who do you think set this up for the President of the USA? I guess it's Elon Musk 😂

Many people have changed their lives buying houses and cars, looking back I feel too sad

Mr. Trump intends to establish a Crypto reserve fund outside of Bitcoin, prioritizing coins with "American origin" 😱

So which "American coins" might Mr. Trump choose if the proposal is approved?

🔥 Donald Trump considers establishing a reserve fund for "American coins" like USDC, SOL, XRP…

Is XRP ready to break its ATH?

😎 Hey, DON'T FORGET DOGE ON TRUMP'S INAUGURATION

Only 5 days left until Donald Trump officially takes office as president. Previously, he announced the establishment of the Department of Government Efficiency (DOGE) and appointed Elon Musk as the leader.

• Alongside the low-cap memes following Trump's inauguration, those who specialize in large cap memes on CEX can follow D.O.G.E during this period.

• Looking at the CVD data, the brown whales with orders ranging from $1M to $10M have also been actively accumulating since December until now. The buying demand is overwhelming the selling, so MM will not face many obstacles in the price push.

According to the word of mouth among friends, will 1 DOGE = 1 USD from 2021 become a reality?

The net inflow into U.S. spot ETFs on January 13 was recorded at -284.3 million USD for BTC and -39.5 million USD for ETH

- Despite significant net outflows from BTC and ETH ETFs, BlackRock still led in inflows with IBIT bringing in 29.3 million USD and ETHA bringing in 12.8 million USD.

- The total capital inflow of 11 BTC ETF funds after 252 trading days is +35.9 billion USD.

- The total capital inflow of 9 ETH ETFs after 120 trading days is +2.42 billion USD.

🟢 After many red days, the market finally turns green again as BTC rebounds to the 97K mark

However, don't celebrate too soon as the United States will announce the CPI tonight at 8:30 PM

Long/Short traders, pay attention to your positions!

📉 SPOT LISTING BINANCE SEEMS TO BE BECOMING A LIQUID EXIT POINT FOR PROJECTS

Most projects after listing on Binance tend to plummet.

The game has now changed in such a way:

• Previously, people projected token prices based on private information from VCs, then listed on CEX and exited liquid.

• Now, people project token prices on DEX and exit liquid on CEX.

=> The information about a project being listed on a major exchange is no longer a good signal for long-term holding as it used to be. However, a project listing on CEX to exit liquid is a necessary challenge if the project wants to survive long-term.

What do you think about this perspective 🧐?

A turbulent week for $BTC and Altcoin

Many are afraid of a recession, but according to the IMF, the U.S. economy is performing better than expected.

In the upcoming battle for market share in web3 between the U.S. and China, it will be no less competitive than in traditional markets.

The Chinese also celebrate the Lunar New Year like their Vietnamese brothers, so it is expected that the market will gradually heat up after the holiday.

Overall, there are not many highlights in the market at the moment aside from the inauguration ceremony and Trump's speech on January 20.

$BTC after last night's non-farm report ran wildly, but when zoomed out, it's just going sideways, sweeping up and down, with two ends hunting futures.

Strangely, the number of jobs increased, and the unemployment rate decreased, but the market reacted quite negatively, even the US stock market crashed when the news came out last night.

Perhaps the market is concerned that the FED will not cut interest rates anymore when it sees the economy looking better?

Anyway, this is just short-term; in the long term, if the job situation continues to improve like this, a recession will be increasingly difficult to occur, and this is extremely bullish for Crypto and the financial market.

For now, let's just enjoy the weekend, guys. Bitcoin is moving sideways, and it's an opportunity to pump altcoins. 😁

For those who don't know, Binance started listing AI Agent yesterday, okay? $AIXBT $CGPT $COOKIE

The truth about $ETH

Your mother is a bitch, you stole the tent from Trading Insight, right?

The kid stole the content

‼️ USUAL SECRETLY MODIFIED WHITEPAPER

• Instead of staking USD0 and receiving USD0++ at a 1:1 ratio as before, the USUAL team quietly modified it to 0.87 USD0 for each USD0++.

• At first glance, this method may help maintain the liquidity of the USD0++ pool by encouraging the minting of more USD0++, but it seriously impacts the trust of early investors.

• Currently, USD0++ is losing peg by 6%, at the mark of $0.93. The USUAL token, after a continuous increase, is also among the top depreciating assets in recent days.

This change has both positive and negative aspects, but such suspicious actions make many people think, what do you all think about this issue 🧐?

Sure someone will need it:))

We are in a tense shitcoin season, guys try to keep a cool head for yourselves :)))