Bitcoin hourly chart looks pretty interesting 🤣

Thirteen green candles in a row, a rare sight 📶

This is the longest such streak since 2017

In the entire existence of ETH, this has only happened once 🤑

On the 4-hour chart of Ethereum, something that has only happened once before occurred: 11 red candles to a row 🌡

The last time this happened was in December 2017, and it marked the pico-bottom for ETH, after which the price rose very quickly by 242% 🔼

Will something similar happen this time?

🚫 One of the biggest CEXs, Bybit, is restricting trading and most services for Indian users starting Jan 12 due to regulatory compliance 👮‍♂️

What is Wall of Worry? 😨

A bull market is not a peaceful place. When times are good, investors are constantly on edge, wondering how long it will last.

👉 This term refers to a sustained rise in the market despite concerns or bad news. It shows that investor confidence can drive prices higher even during economic downturns or political instability. Sometimes it's caused by a herd mentality of those who "buy on bad news."

Even when financial markets are growing at a healthy pace, there are always reasons for investors to worry. Market pundits do their part by warning of everything that can go wrong 😱

It is very important to try to be objective about the situation and remember the fact that there will always be people who want to see the price go down, who like to spread FUD. In these moments it is important to learn how to "climb a wall of worry".

#FAQ

The Crypto Asset Sentiment Index declined to its lowest level since September 2024 🗓

This is a good thing as the deteriorating sentiment with BTC still trading above $90,000 suggests that overleveraged late-longers and 'tourists' are gone 🔍📊

Weak hands sold, strong hands bought. Low sentiment with a stable price = bullish sign

The state has every reason to deceive the population by deliberately understating the official inflation rate 🔍

The trillions of dollars printed during the Covid epidemic was one of the greatest redistributions of wealth in human history 😒

The people were left with worthless fiat money, with their purchasing power cut by 20% while rich assets owners only got richer ☹️

🇰🇪 Kenya will legalize Bitcoin and crypto

Kenya’s Treasury Cabinet Secretary has said the country is preparing to legalize crypto.

This marks a shift from the government’s previous warnings against the industry 👍

Very concerning: The average American spent 2.5 months on their phone in 2024 🤨

• According to a recent survey, the average American checks their phone an average of 205 times a day. This marks a 42.3% increase from last year.

• 80.6% of Americans check their phones within the first 10 minutes of waking up. 65.7% use their phones while in the bathroom.

• Despite the high usage, self-reported phone addiction has actually dropped by 24% compared to last year 🤦

• Nearly 40% experience anxiety when their battery falls below 20%. And 48% have never gone a full day without their phone.

The USA is just one of the countries where the sociology is advanced, phone addiction is actually a global problem and in some countries the situation is even worse 🙁

People are trading focus and real connection for endless scrolls and dopamine hits

🇧🇹 Bhutan’s Gelephu bets big on crypto

Bhutan’s Gelephu Mindfulness City is adding Bitcoin, Ethereum, and BNB to its strategic reserves.

This move makes it one of the first regions to integrate crypto into its economic framework. The focus is on high-cap, liquid assets to ensure stability and easy trading.

Could this be the start of nations embracing crypto reserves? 😮

Imagine, dozens of indicators collected in one place and helping to analyze if we have reached the top of the market 😨

Thanks to Coinglass, we don't have to imagine, because they have created this publicly available checklist with 30 indicators, each of which helps to determine the stage of the market cycle 📊📊

The page has a handy scale from 1 to 100, where 1 means that the BTC market top is not even close and 100 means that we have reached the macro top 📉

Right now the scale shows 1, which is "100% Hold" — bullish

Trump will nominate Scott Bessent for Treasury Secretary position, not many people know he disclosed owning up to $500,000 BTC through BlackRock's spot ETF 😨

Think about it, the person who formulates economic policy, manages federal finances, and advises President on fiscal matters is openly longing Bitcoin 🤑

Crypto sell-off 📉

Many top 100 MC alts are down >25% in the last 7 days, billions of dollars in leveraged longs have been liquidated and Bitcoin dominance is on the rise again🔽

🤑 BTC is down 8.4%

🤑 ETH is down 16.00%

Tether, the company behind USDT stablecoin, has secured a Digital Asset Service Provider license in El Salvador and is relocating its headquarters there 🤑🇸🇻

💩 JPMorgan Chase CEO says Bitcoin is a Ponzi scheme that has no intrinsic value, added that it is “useless as a pet rock”.

🤥 As usual, Jamie Dimon says one thing, but his bank does another. JPMorgan has been involved in Bitcoin and crypto for many years.

On top of that, JPMorgan holds 387 shares in BlackRock's spot BTC ETF and 775 shares in Grayscale's Bitcoin Trust 🤭

Understanding Global Liquidity 📈

Global liquidity is the total money supplied by central banks around the world

When central banks add funds, it encourages more investment, boosting both traditional and crypto markets. When they pull back, investors have less money to spend.

🕯 Stock and crypto markets rely heavily on this liquidity. More cash usually lifts prices, while reduced liquidity can push them down as there's less money chasing the same amount of assets.

📉 Recently, global liquidity has decreased by $4.2 trillion, creating uncertainty for both markets. Less money available means slower price growth and makes it harder for asset prices to keep rising.

You can see a strong correlation in the chart above. When the money supply is rising, it's bullish. Fortunately, in the long run, it will rise insanely high because fiat money is worthless and can be created out of nothing 🤷‍♀️

#FAQ

It's so good to see a nice pump after yesterday's market drop 🔼

🤑 Bitcoin has bounced 8.15% off its local low and is heading towards $97,000.

Did you buy the dip?

Yes — 🔥

No — 🫡