#美国贸易赤字状况 Market volatility is intense, and the market reaction is fierce. On January 8th, crypto assets collectively came under pressure — Bitcoin briefly fell below the $90,000 mark, Ethereum dropped nearly 5%, and XRP plunged close to 8%. The chain reaction from this decline is quite severe: the total liquidation amount in the on-chain derivatives market within 24 hours exceeded $415 million, over 120,000 traders were forcibly liquidated, and market sentiment has clearly shifted towards caution.

The commodities futures sector is also unsettled. CME recently raised margin requirements again for gold, silver, platinum, and palladium futures — this is their third adjustment, indicating that institutions are increasingly concerned about risk.

On the technical side, there are positive signals. Ethereum founder Vitalik Buterin recently shared new progress on scalability, demonstrating that through PeerDAS combined with zero-knowledge proofs (ZKP), Ethereum’s throughput could be increased by thousands of times, while still maintaining the network’s decentralization — a significant boost for long-term believers in the Ethereum ecosystem.

Meanwhile, the prediction market sector is also expanding. Polymarket has partnered with mainstream media outlets like Dow Jones and The Wall Street Journal, integrating their trading data into these top news feeds, which means prediction markets are gradually gaining mainstream recognition. $BTC $ETH