ChainCatcher news, according to Cointelegraph, crypto analyst Matthew Hyland stated that the crypto market may not recover to December levels until April. He pointed out that on February 3, the "largest liquidation event in crypto history" occurred, with over $2.24 billion liquidated in 24 hours.Bybit co-founder and CEO Ben Zhou estimated that the actual total liquidation could be as high as $8-10 billion. Hyland noted that based on experiences from similar market turmoil events in 2020 and 2022, a full market recovery typically takes more than 2 months.

ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to pull back, with the DeFAI and AI Agents sectors experiencing the largest declines. Bitcoin (BTC) and Ethereum (ETH) have both fallen below the monthly line. The DeFAI sector has seen a 24-hour decline of 10.32%, with GRIFFAIN, ORBIT (GRIFT), and Hive AI (BUZZ) dropping 7.73%, 22.44%, and 20.26% respectively.The AI Agents sector has a 24-hour decline of 8.69%, with Virtuals Protocol (VIRTUAL) down 6.80%, Fartcoin (FARTCOIN) down 16.01%, and mainstream AI tokens ai16z (AI16Z), AIXBT, and ACT down 15.42%, 6.30%, and 3.74% respectively.In other sectors, the CeFi sector has a 24-hour decline of 5.09%, the Layer1 sector is down 5.55%, with Solana (SOL) down 5.09% and Cardano (ADA) down 6.86%. The DeFi sector is down 5.66%, the Layer2 sector is down 5.89%, and the Meme sector continues to decline, with Dogecoin (DOGE) down 7.25%, Pepe (PEPE) down 5.69%, and OFFICIAL TRUMP (TRUMP) down 8.14%, but Pudgy Penguins (PENGU) performed strongly, rising 4.87%.Additionally, the PayFi sector has a 24-hour decline of 9.48%, with the leading project XRP down 7.73% and Stellar (XLM) down 6%.

ChainCatcher news, Bybit co-founder and CEO Ben Zhou posted on X: "Today's actual liquidation total is far more than $2 billion; I estimate it should be at least around $8-10 billion. Bybit's 24-hour liquidation amount alone reached $2.1 billion, while Coinglass recorded Bybit's 24-hour liquidation amount at about $333 million, but this is not all the liquidation amount. Our API limits the push volume per second. Based on my observations, other exchanges also have similar practices of limiting liquidation data. In the future, Bybit will start pushing all liquidation data. We believe in transparency."

ChainCatcher news, according to an analysis by Santiment, due to a significant drop in global stock markets this week, the cryptocurrency market has also seen a decline. Public opinion seems to attribute the crash to "Trump's trade war." Whether this is the main reason or if there are other factors, the reaction from traders in the cryptocurrency community has been very negative.Currently, BTC has rebounded to the $96,000 range, and it may not be over yet. However, is this surge intended to prompt "aggressive" retail traders to sell when the local bottom is reached? Historically, the market almost always moves in the opposite direction of public expectations, and there may be buying opportunities when most traders are skeptical about cryptocurrencies.

According to Bloomberg, the cryptocurrency market has been severely impacted following Trump's announcement of new tariffs. Specifically, BTC fell by 4.3% in trading last Sunday, ETH dropped by 8%, and the sell-off of altcoins was even more intense, with DOGE declining by around 14%, while altcoins like XRP, ADA, AVAX, and LINK all fell by more than 10%.Caroline Bowler, CEO of BTC Markets, stated: Trump's tariff policy is affecting the entire market, and concerns about a recession triggered by the trade war and stagflation are spreading to the altcoin and Bitcoin markets.According to a U.S. official, Trump is imposing a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese goods, which will trigger a new round of trade wars.

ChainCatcher news, DWF Ventures stated on platform X that the market capitalization of the TRUMP token soared over $70 billion within less than 48 hours of its launch, driving significant capital inflow into the Solana ecosystem and a surge in the number of active addresses on-chain, which also led to an exponential increase in demand for platforms like DEX on the Solana chain. It is certain that under the leadership of the Trump administration, the favorable factors for the development of cryptocurrency outweigh the negative ones. Many will ask, what will be the next direction of the market? Will attention shift back to AI? Or will it turn towards DeFi and SocialFi?Cryptocurrency is essentially a social movement driven by emotions and collective beliefs towards a certain goal. The success of TRUMP showcases the power of collective strength, and we will see more such phenomena in the future as communities promote their own narratives. The flow of this "hot money" will continuously revolve around different narratives, and the speed of this rotation is faster than ever before. Amidst the noise, a few projects will stand out and maintain relevance across multiple cycles, which is where the greatest returns come from. In the coming months, we may see more volatility rather than a one-sided rise. However, the future of cryptocurrency remains very positive.

ChainCatcher message, according to SoSoValue data, the entire crypto market sector has retraced, with the DeFAI and AI Agents sectors experiencing the largest declines. The DeFAI sector saw a 24-hour drop of 28.73%, with all four tokens in the sector falling over 20%. GRIFFAIN, ORBIT (GRIFT), Hive AI (BUZZ), and neur.sh (NEUR) dropped by 25.97%, 22.52%, 35.61%, and 22.14%, respectively. The AI Agents sector had a 24-hour decline of 16.91%, with the leading project Virtuals Protocol (VIRTUAL) down 12.74%, Fartcoin (FARTCOIN) down 22.11%, and mainstream AI tokens ai16z (AI16Z), AIXBT, and AI Rig Complex (ARC) dropping by 13.70%, 13.22%, and 27.61%, respectively, while ACT rose against the trend by 2.42%.The Meme sector continued to decline, with a 24-hour drop of 8.27%. Among them, traditional Memes saw the largest drop, with Pepe (PEPE) down 11.33%, having already halved from its previous high. Notably, Pudgy Penguins (PENGU) rose against the trend by 3.64%.In other sectors, Layer1 had a 24-hour decline of 5.79%, the PayFi sector dropped by 4.80%, the CeFi sector fell by 4.34%, and the DeFi sector decreased by 5.10%, with Jupiter (JUP) and Onyxcoin (XCN) rising against the trend by 8.70% and 11.48%, respectively. The Layer2 sector declined by 5.72%.

ChainCatcher message, Shenfish shares the main opportunities and challenges in the crypto market for the next 18 months on social media:Bitcoin (BTC) Key Drivers:MSTRs are making significant entries, with continuous inflow of BTC funds;The implementation of U.S. national reserve policy, with other countries likely to follow suit.Ethereum (ETH) Important Turning Points:Approval of Staking ETFs;RWA accelerating on-chain, traditional financial assets embracing blockchain;AI technology driving ecological innovation.Solana (SOL) Breakthrough Opportunities:Approval of ETFs;Significant improvement in network scalability;Further expansion of AI application scenarios.

ChainCatcher news, according to SoSoValue data, the encrypted market sector has seen a slight pullback, with AI Agents leading the decline at 8.42%, while Layer2 and DeFi sectors performed strongly. Within the AI Agents sector, mainstream tokens such as Ava (AVA), ai16z (AI16Z), and AI Rig Complex (ARC) fell by 16.42%, 12.71%, and 9.76% respectively, while the leading project Virtuals Protocol (VIRTUAL) dropped by 5.46%, and AIXBT fell by 7.82%. The Layer2 sector remained relatively strong, with a 24H increase of 1.23%, among which, Mantle (MNT) rose by 10.07%. The DeFi sector had a 24H increase of 0.89%, with Chainlink (LINK) rising by 3.13%, Ondo Finance (ONDO) increasing by 4.18%, and Raydium (RAY) up by 5.43%.In other sectors, Layer1 saw a 24H decline of 0.36%, CeFi dropped by 0.64%, the PayFi sector fell by 1.27%, and the Meme sector continued to decline, with a 24H drop of 3.06%, among which, OFFICIAL TRUMP (TRUMP) fell by 13.86%, and Pudgy Penguins (PENGU) decreased by 7.05%.