1.17 Market Dynamics
1. BTC touched around 94k and then went up, with a narrow adjustment due to reduced volume over the weekend; let's see how it performs this weekend. If the support is strong, next week will enter the final sprint phase:
2. ETH is still quite strong, fluctuating around 3300; following the trend of BTC;
3. Trump: May impose tariffs on countries that have different opinions on the Greenland issue;
4. Whales increase their long positions in BTC and ETH, bringing their total positions to 449 million USD;
5. Spot gold fell below 4560/ounce, down 1.42%;
6. BTC's volatility has dropped to a 4-month low, with ETF inflows of 1.81 billion USD;
7. Hong Kong promotes the development of stablecoins and expands gold storage facilities:
8. Etherealize co-founder predicts ETH will reach 15k USD by the end of the year;
9. The White House is considering withdrawing support for the crypto bill due to dissatisfaction with Coinbase's actions;
