January 15 Market Dynamics

I. Macro Trends

1. Market Trend: BTC is falling, while altcoins are rebounding. The long-short ratio of BTC is 2.1, with few short sellers. BTC shows a head and shoulders pattern; it's currently at the 'head' stage, with a right shoulder rebound to come - this month will be the season for altcoins. After completing the right shoulder rebound, there will be a big drop together, followed by an upward trend in the second half of the year. The underlying logic is that GBTC needs more than three months to fully release its sell-off.

2. U.S stocks fluctuated and were closed on Monday.

II.Market Hotspots

1.ZKF,METIS,TIA from L2 surged significantly.ZKF has dozens of new projects coming online in future and currently staked 20%. METIS ranks first among decentralized sorters and incentivizes ecology.TIA modularizes ETH.

2.XAI,AI,NFP etc., soared greatly.XAI is ARB ecosystem's L3 game public chain following GALA model,and also an eth concept.The market speculates on sub-new shares as trading enters end phase.

3.ORID,RATS,SOLS,QUARK etc., had significant gains.There are rumors that Ba will launch ORDI wallet next week which might be last chance to escape.

4.New public chain SUI surged along with its ecosystem Suiswap,Cetus etc.SUI subsidizes ecological incentives,and Tvl grows rapidly.January 12-14th marks Move Developer Conference,and major unlocking expected in May.Prior to unlocking,the market would pump up prices through speculation.

5.Game SFARM on Solana chain skyrocketed tenfold.SOLFATM resembles Web3 version of Happy Farm where buying seeds for farming yields daily return rate of 5%.