BTCC : 14 Years Strong — No Hacks, Just Proven Protection
Preview: BTC Gathers Momentum for $100K; Watch This Support Level
Market Overview
On January 16, the crypto market remained resilient amid high-level consolidation, though short-term momentum cooled slightly. At the time of writing, the total crypto market cap stands at approximately $3.23 trillion, down 0.88% over the past 24 hours, with BTC fluctuating around $96,000.
Structurally, BTC dominance rose to 59.1%, indicating that capital still favors blue-chip assets. Regarding sentiment, the Crypto Fear & Greed Index dropped to 50 today, remaining in Neutral territory, although bullish sentiment has receded.
On the macro front, U.S. initial jobless claims unexpectedly fell to 198,000 last week, significantly lower than market expectations. This suggests the U.S. labor market remains resilient, dampening expectations for further near-term rate cuts.
An additional variable to monitor comes from Japan. The Yen has recently faced repeated pressure near the 158–159 range. If the Yen's weakness persists, the likelihood of a rate hike as early as April could rise, increasing global interest rate uncertainty—a factor that is typically "hawkish" for high-volatility assets like crypto.
In terms of capital flows, spot ETFs are seeing accelerated inflows. According to SosoValue data, on January 15, Bitcoin spot ETFs recorded a net inflow of $100 million, while Ethereum spot ETFs saw a net inflow of $164 million. Both have recorded net inflows for four consecutive trading days, signaling that institutions are still refilling their positions.
Hot Coin Analysis
BTC: Watching Bull Flag Pattern as $95K Becomes Bulls' Defense Line
On the 4-hour chart, BTC is exhibiting a classic Bull Flag consolidation. After pulling back from recent highs, it has undergone a two-stage correction. Frequent long lower shadows during this retest indicate strong buying support near the $95,000 level. If it bottoms out and reverses, it is expected to challenge the $100,000 milestone; however, a break below this support could lead to further correction toward the $92,000 mark.
DASH: Surges 140% in a Week, Approaching $100 Milestone
Dash is the standout "dark horse" this week, currently trading at around $95, up approximately 10% in 24 hours and 140% over the last 7 days. Even as XMR, the leader in the privacy coin sector, experienced a pullback, DASH remains highly energized as it prepares to challenge the $100 psychological level.
News-wise, Dash partnered with payment provider AEON on January 15. This partnership enables DASH payments via QR codes and major wallets at over 50 million offline merchants across Southeast Asia, Nigeria, and Latin America, potentially carving out a compliance-focused path distinct from XMR.
RIVER: Gains Over 90% Intraday; Watch for Short Squeeze Amid High Funding Rates
RIVER is among today's top performers, surging over 90% in 24 hours and attracting high-volatility traders. As prices skyrocketed, a massive amount of short positions were liquidated. Currently, RIVER’s contract funding rate is as low as -1.83%, which could easily trigger a secondary "short squeeze" surge. However, for bulls, such extreme funding volatility also signals building risks for those chasing the rally.
KAITO: Platform Policy Hits "InfoFi Narrative," Plunging 20% in 24 Hours
According to CoinMarketCap data, KAITO is trading at approximately $0.5457, down roughly 20.67% in 24 hours, with trading volume spiking 225% to $160 million. The direct catalyst for the drop was X (formerly Twitter) revoking API access for InfoFi applications like Kaito, forcing the platform to terminate its "Yaps" post-to-earn mining and incentive services.
Notably, the Kaito team transferred 5 million KAITO to Binance 7 days ago, sparking allegations of "insider selling ahead of bad news." Compounding the issue, approximately 25.8 million KAITO remain staked; given the 7-day unstaking period, further selling pressure may emerge in the coming week.
Hot Events
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