Resilience Test Week: Markets Seek New Balance Amid Multiple Uncertainties
Resilience Test Week: Markets Seek New Balance Amid Multiple Uncertainties
The cryptocurrency market cap stands at $3.11 trillion, with Bitcoin dominance at 58.56%. Stablecoin market cap saw a slight weekly decrease. Major assets like BTC, ETH, and SOL posted gains for the week, with notable performances from MYX and PEPE. US Bitcoin and Ethereum spot ETFs recorded significant net inflows.
Key events from the past week include: China's announcement of a new digital yuan framework set for 2026; an arrest related to a Coinbase data breach; Meta's multi-billion dollar acquisition of an AI company; and a security incident in Venezuela that caused a market dip. Macroeconomic data showed lower-than-expected US unemployment claims, while market expectations for a January Fed rate cut remain low.
Looking ahead, the market is predicted to trade within a range with potential for gradual upward movement. Key price levels to watch are BTC: $87,000-93,000, ETH: $3,000-3,500, and SOL: $129-150. Upcoming events include US employment data releases and token unlocks for projects like Jito, Movement, and Linea. Caution is advised against chasing highly volatile, low-cap altcoins.
marsbit01/06 08:21