ChainCatcher news, 10x Research analysis suggests that Bitcoin may face supply tightening, although the market still lacks key market structure data support. They point out that there are several positive signals in the current market, including on-chain data, seasonal trends, breakout indicators, the Chinese New Year effect, a neutral Federal Reserve policy, and a crypto-friendly president. However, these factors have not yet resonated with the market structure.Additionally, 10x Research also mentioned that it has become increasingly difficult to achieve stable returns through altcoins in the current bull market. Only during the period from the U.S. elections on November 5 to the employment report on December 6/9 did altcoins perform strongly, while the subsequent hawkish statements from the Federal Reserve in mid-December put pressure on the market.

ChainCatcher news, 10x Research Research Director Markus Thielen released the latest market report stating that the price of Bitcoin may rise by 15% in the coming days, followed by a consolidation phase. Analysis shows that Bitcoin rebounded from $98,937 to over $107,000 on January 21, successfully retesting the wedge breakout level. Since the U.S. approved the spot Bitcoin ETF, Bitcoin has shown a pattern of rising between $16,000 and $18,000 each time, which suggests it could reach $122,000 in February.Bitfinex analysts also held a similar view in their market report on January 21, emphasizing that Bitcoin has demonstrated "impressive relative strength" compared to the stock market. Material Indicators co-founder Keith Alan, based on the cup and handle breakout pattern on the Bitcoin weekly chart, also predicts that Bitcoin will reach $122,000.

ChainCatcher news, KOL 0xSun disclosed his holding data on the X platform before depositing the remaining TRUMP tokens into CEX, with profits exceeding 27.5 million USD.

ChainCatcher message, Smart Money, crypto KOL 0xsun.sol (@0xSunNFT) posted on social media: "Made 10 million dollars in 4 hours using a public wallet address on-chain. Welcome to the crypto world. Seize the opportunity."The attachment from 0xSun shows that he spent a total of about 3010 SOL to buy TRUMP, with an unrealized profit of about 45,700 SOL (approximately 10.5 million dollars).

ChainCatcher message, according to Whaler Talk monitoring, the address starting with 0x8b31 has transferred 40 million GMT to Binance again, worth 5.4 million USD. The wallet currently also holds 188.5 million GMT, worth 25.5 million USD.

ChainCatcher news, according to Cointelegraph, 10x Research's head of research Markus Thielen stated that Bitcoin's price is expected to break out before the Federal Reserve's Open Market Committee (FOMC) meeting at the end of January. The current Bitcoin price is at $96,794, and this breakout could be either upward or downward.In a market report on January 14, Thielen noted that Bitcoin is trading within a narrowing triangular range, indicating that a breakout is imminent, expected no later than the FOMC meeting on January 29. From a trading perspective, the best strategy is to follow the direction of the breakout.He added that due to weak market drivers, Bitcoin may remain in a range-bound oscillation until mid-March. According to the CME FedWatch Tool data, federal funds futures market traders expect a 38.3% probability that the Federal Reserve will not cut interest rates in the first half of 2025.

ChainCatcher news, according to Onchain Lens monitoring, in the past 24 hours, a giant whale opened a short position on ETH with 50x leverage on HyperLiquid, and the whale's floating profit is currently over 15 million dollars.

ChainCatcher news, 10x Research's market analysis indicates that since Trump's election in November last year, the U.S. stock market has erased all gains, despite initial expectations that the election would drive stronger growth and lower taxes. The anticipation of a rebound in the cryptocurrency market after the election quickly faded on December 6 last year, after which trading volume significantly declined, and funding rates peaked on that date, indicating its importance.Macroeconomic factors are the main drivers of the Bitcoin and cryptocurrency market cycles. The Federal Reserve cut interest rates by 50 basis points in September due to a weak labor market and recession expectations, but subsequent data showed a different trend.Although non-farm employment increased by only 12,000 in October, it rebounded to 227,000 in November, and the data released on January 10 again showed strong growth, with 256,000 new jobs added and the unemployment rate dropping to 4.1%. This data suggests that the Federal Reserve's rationale for cutting rates is flawed, undermining the basis for the rate-cutting cycle.

ChainCatcher news, 10x Research stated in its latest report that the cryptocurrency trading environment remains complex and volatile during the U.S. Federal Open Market Committee (FOMC) meeting in December 2024 and the subsequent holiday season. However, there are still profit opportunities in specific areas. Bitcoin is in a consolidation phase during this period, showing no signs of a sustained upward trend, but fluctuating within a tactical trading range, which provides opportunities for strategic positioning rather than a simple bullish trend. While some initial enthusiasm is expected at the beginning of the new year, it is not the time to recreate the bullish sentiment seen from late January to March or from late September to mid-December 2024. A positive performance is anticipated at the start of the year, followed by a slight pullback before the release of the Consumer Price Index (CPI) data on January 15. If the inflation data is favorable, it may reignite optimism and drive the market up before Trump's inauguration on January 20. However, this momentum may weaken, and the market could slightly retreat before the FOMC meeting on January 29.From January to mid-November 2024, Bitcoin's dominance surged from 50% to 60%, creating significant resistance for altcoin performance. Although the dominance metric briefly plummeted to 53% within three weeks, igniting hopes for an altcoin season, it quickly rebounded to nearly 58% and then consolidated around 55%. This consolidation highlights Bitcoin's enduring dominance as the main driving force in the cryptocurrency market while also indicating that altcoins may face potential challenges—unless Bitcoin's dominance metric declines again.

ChainCatcher message, on-chain analyst Yu Jin monitored the 50x short position of 30,000 ETH (110 million USD) from the address 0x20c...4f5 on Hyperliquid, which should be a delta neutral strategy short hedge position of Resolv Labs, rather than that of a whale.The address 0x20c...4f5 has multiple transfers with Resolv's contract address 0xacB...b8e and shares the same Binance deposit address. Additionally, according to Resolv's documentation, they short ETH through perpetual contracts to achieve a delta neutral strategy.Therefore, the address 0x20c...4f5 should be the address used by Resolv to execute short hedges, rather than that of a whale.

ChainCatcher news, Web3 knowledge graph protocol 0xScope founder @0xOar announced on the X platform that the X account has been recovered early this morning. He apologized for the inconvenience caused and stated that there has been no financial loss. They will strengthen relevant security management in the future.Previously, the official X account of 0xScope disclosed that it had been compromised. Subsequently, SlowMist founder Yu Xian stated that SlowMist has intervened in this incident and has connected with relevant solutions.

ChainCatcher news, Slow Mist founder Yu Xian posted on the X platform stating that Slow Mist has intervened in the incident of the official X account of 0xScope being compromised, and has connected with relevant solutions, waiting for smooth progress.ChainCatcher previously reported that lmk.fun (formerly Scopescan) issued a reminder on the X platform stating that the X account of the Web3 knowledge graph protocol 0xScope (@ScopeProtocol) has been compromised. Please do not click on any links or trust the content they publish. An investigation and recovery are underway.

ChainCatcher message, lmk.fun (formerly Scopescan) has released a reminder on the X platform stating that the X account of the Web3 knowledge graph protocol 0xScope (@ScopeProtocol) has been compromised. Please do not click on any links or trust the content they post. Investigation and recovery are underway.

ChainCatcher news, Markus Thielen, the research director of 10x Research, stated, "Ethereum may not be the smartest investment choice in the 2025 bull market, as the returns on this asset may be disappointing compared to Bitcoin."Other analysts indicated that the price trend could develop in two directions, and they are waiting for more confirmation from the price charts to determine the price movement.Markus Thielen, the research director of 10x Research, mentioned in the market report on December 30, "While the possibility of new catalysts cannot be ruled out, we would not be surprised if Ethereum struggles to achieve a meaningful rebound next year."

ChainCatcher message, Doubler posted on X that the snapshot for the DBR-10x option token has been completed, and the $DBR airdrop data has been updated at a ratio of 1:10. Users can check the details on the airdrop page and can claim the tokens starting from 7:00 (UTC).DBR/BNB trading will start at 7:00 (UTC), and TWO/DBR trading will start at 14:00 (UTC).In addition, the activity of locking TWO tokens to qualify for the airdrop will end on December 30 at 12:00 (UTC), and any transfers made after that will be considered invalid.

ChainCatcher news, 10x Research released a report stating that not every dip presents a buying opportunity.It indicated that while we expect Federal Reserve Chairman Powell's tone to be slightly hawkish, the Fed's updated median interest rate forecast has unsettled the market, predicting rate hikes not only in 2025 but also in 2026 and 2027. Powell hinted that it may take 1-2 years to return to the 2% inflation target, further reinforcing the hawkish sentiment. The forecasts for the following years are shocking, suggesting that interest rates may remain elevated for an extended period.Stocks fell by 3%, and Bitcoin dropped by 4%. Due to a lack of retail trading activity, altcoins have struggled, suffering even greater losses, with many altcoins plummeting by 10% or more. While the impact of Trump's policies remains speculative, weak demand from European economies and China may suppress global growth (and inflation). Meanwhile, a stronger dollar could put pressure on corporate earnings for U.S. companies.

ChainCatcher news, the 10x Research report indicates that Bitcoin's upward trend has resumed after a brief consolidation. Cryptocurrency exchanges are experiencing massive capital outflows, significantly reducing the availability of Bitcoin on trading platforms. At the same time, OTC inventories are also insufficient. These factors collectively suggest that Bitcoin's price may be boosted. Furthermore, based on its trading model indicators, it is predicted that by January 20, 2025, during Trump's inauguration, Bitcoin could rise to $120,000.It is worth noting that MicroStrategy is not included in the S&P 500 index but is included in the Nasdaq 100 index, which may drive increased buying activity this week. Additionally, the company may issue more convertible bonds to expand its Bitcoin holdings, making a significant rise in Bitcoin this week highly likely.