2026-01-08 02:29:30

This week, the crypto market remains the same. Ethereum took an entire day to give back all of this week's gains, which is quite exhausting to watch. On the 8th and 9th, there weren't many opportunities for long positions during the day, so I decided to take a break for a day and wait until tomorrow to see the market situation before making any decisions. A reminder to friends going long: be cautious and don't hold onto positions blindly.

Let's review the market by asset. Regarding Bitcoin, on Monday, I wondered whether it could fill the gap, and by Thursday, it actually did, so the market mostly met expectations. I also got on the bandwagon a bit and will continue to watch for opportunities. Ethereum doesn't have much independent movement; it just follows Bitcoin's lead. As for Solana, there's even less to say—its highlight is mainly some activity in the on-chain ecosystem, which is worth paying more attention to.

There are quite a few policy news updates. The SEC is now fully led by the Republican Party, and by 2026, they plan to promote a crypto-friendly policy framework. Could this mean a favorable year ahead? A former Brazilian central bank official launched a high-yield stablecoin called BRD, pegged to the real. Everyone understands that stablecoins are a lucrative business.

On the ecosystem front, Aave's Horizon RWA lending market's deposit net worth has surpassed $600 million. JPMorgan is preparing to deploy JPM Coin natively on the Canton Network, indicating that traditional finance is indeed moving onto the blockchain. Additionally, two major Senate committees have scheduled a legislative review on January 15 to advance cryptocurrency market structure. World Liberty Trust has applied for a U.S. national trust bank license from OCC. Many are worried about what to do if policies change in a few years. Lastly, the Wyoming Stablecoin Committee approved the FRNT stablecoin for public purchase.

Overall, policy-friendly signals continue to be released, but the market is still digesting and adjusting in the short term. Keep observing and look for opportunities to get on board.

ETH0.82%

BTC1.21%

SOL0.48%

AAVE1.21%

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BlockchainFries

· 01-11 01:48

Ethereum's recent retracement is truly impressive, all lost in one day Those holding onto their positions probably regret it now... The policy side is indeed providing positive signals, but the market just isn't cooperating Bitcoin's gap fill this time was pretty good, but the future movement still depends on other factors Although the Solana ecosystem has some buzz, it's still early for a real breakout The profit margins in stablecoin business are getting crazier and crazier, these institutions really have it all figured out JPM Coin on Canton Network, traditional finance is really getting serious The key will be the decision announced on January 15th, and then there will be another round of turbulence But the long-term policy benefits are real, so short-term adjustments are just a good time to buy groceries FRNT is now open for purchase in Wyoming, small coins also have a chance Continuing to wait and see is better than blindly messing around

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QuietlyStaking

· 01-10 14:55

Ethereum's recent surge was truly amazing, my mindset is崩了. Wait, does SEC and the Republican Party still support crypto? Is this really true? I find it hard to believe. Bitcoin filling the gap was expected, I buy this logic. Stablecoins are indeed a business, but I've never heard of BRD, be cautious. Is Aave really pushing to 600 million? Is JPM going on-chain seriously? Traditional finance is really coming. Will the Legislative Council meeting on January 15th be another letdown, I’m used to seeing positive news fall flat.

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ZenMiner

· 01-09 18:15

This week ETH took off directly from the ground, hilarious It's really exhausting, but the policy environment is indeed warming Stablecoin business is too lucrative, everyone wants a piece of it It's crazy that BTC is filling the gap; within expectations, it's actually unusual When will SOL move on its own? JPMorgan goes on the chain, traditional finance is really coming Don't hold on stubbornly, I've already closed my position Let's wait and see, no need to rush to get on board Policy benefits are good, but in the short term, it's still volatile More and more stablecoins, in the future, this stuff will be everywhere

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AirdropHunterXM

· 01-08 02:59

Ethereum really, it was all dumped in one day, my mindset is about to collapse. Bitcoin remains stable, once the gap is filled, it's time to look at the opportunities ahead. Policy favorable news stacking up, but short-term adjustments are unavoidable for anyone, still need to wait for the right opportunity. Wait, are stablecoins really that profitable? Feels like everyone is just messing around. JPMorgan has already moved, traditional finance is really starting to shift onto the chain.

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DuckFluff

· 01-08 02:58

ETH fully recovers the weekly gains in one day; this move is incredible, still need to hold on tight. Another comment: BTC gap fill is as expected, but this wave of volatility feels like it’s not over yet. Another comment: The policy is indeed sending positive signals, but the short-term market is still consolidating; don’t rush. Another comment: How long can SOL’s ecosystem sustain its momentum? That’s the question. Another comment: The stablecoin business is getting more and more players.

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RumbleValidator

· 01-08 02:47

ETH's recent pullback is indeed outrageous, but to be honest, it's still a matter of the validation efficiency of the consensus mechanism. If node stability isn't in place, the market will be like this. What does JPM Coin on Canton Network mean? The key is whether the decentralization level of the chain is sufficient; otherwise, it's just a toy for financial institutions. A $600 million deposit sounds large, but the credibility of the data is questionable. How exactly is on-chain transparency reflected? Policy benefits are available every year; I'm more concerned about network reliability, as that's the core factor determining value. Holding onto a position stubbornly is just asking for trouble. Operations and maintenance are about testing execution efficiency and risk management capabilities.

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RektDetective

· 01-08 02:47

ETH this move is truly amazing, it all came back in one day, and my mindset has also been brought back --- Bitcoin completed the gap within expectations, with this level of stability SOL really needs to learn --- With so many favorable policies, why is the market still so dead? I’m starting to lose patience --- Stablecoins are once again the new trend. Is BRD really just a scam or does it have real potential? --- JPM Coin on Canton, traditional finance is really here. Should we retail investors be excited or more nervous? --- Holding onto losing positions stubbornly is really not good, but not getting in is even worse. Still, we need to find opportunities --- Next year’s policy framework is so friendly, why does it still feel like the real bull market is still far away?

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WhaleWatcher

· 01-08 02:44

It's coming back up again. This market is really exhausting. Don't hold on stubbornly, everyone.

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BtcDailyResearcher

· 01-08 02:34

Ethereum gives back a week's gains in one day, this pace is really incredible. Everyone holding onto their positions should take a look at this. Bitcoin is still reliable; gap filling is this accurate. Stablecoin business is indeed highly profitable, but it feels like the risks are also deeply embedded. JPM has gone on-chain, traditional finance is really here. With so many policy benefits stacked up, why is there still a correction? Waiting and watching, will jump in when the opportunity arises.

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