Cryptocurrency Market Today Brief: Bloodbath in the market surprises today as the crypto world feels like it has been bombarded by Trump's tariff cannon — a global flight from risk assets, the escalation of the US-EU trade war, and the Greenland farce becoming the fuse. The total market value shrinks by 2.1% to 3 trillion dollars, with BTC leading the decline, but meme coins have unexpected surges. Don't panic, here are the key points.
Trade War Escalation: On the eve of Trump's Davos speech, the tariff threats against eight EU countries (due to the Greenland dispute) spark panic, wiping out billions in market value. Analysts warn: this could be the beginning of 'Crypto Winter 2026', with risk assets across the board collapsing, including the S&P 500's gains for the year being erased.
Solana Ecosystem Booms: Solana Mobile airdropped SKR tokens to Seeker phone users and developers, igniting community enthusiasm. ZAMA token Coinlist sale + auction occurring simultaneously, and the HBAR mainnet upgrade adds fuel to the fire.
Bear Market Warning: Institutions predict that Dogecoin, Shiba Inu, Cardano, and Litecoin will at least halve by 50% this year. Reasons? Meme veterans are fatigued, a new generation of Ethereum killers is emerging, and Litecoin has fallen over 20% for 90 consecutive days.
Meme Coin Battlefield: Bursts of excitement emerge amid sluggishness, with the overall meme market value dropping by 5-11%, halving from the peak at the end of 2024 by 69%, but the hotspots remain:
Dark Horse Comeback: $MEMES (BNB chain) surged 23x within 3 hours, skyrocketing to a market value of $26 million, boosted by narratives from Elon and CZ, with the community shouting 'the next alpha to be listed on Binance.' $USOR surged 150% due to news about U.S. Venezuelan oil, while $SOLANACAT (Solana) skyrocketed 300% in 24 hours.
Veterans Struggle: Dogecoin and Shiba Inu barely rose by 1-2%, but are down 80% from their historical highs, with analysts bluntly stating 'dead dog rebound'—lacking freshness and squeezed in a crowded track waiting for explosions.
Trend of Heat: Trading volume briefly surged by 106%, with traders primarily cashing out, but Solana meme like PONKE holds the support at $0.045, while PIPPIN and PUMP are gathering strength in a tug-of-war. Highlights? These 'fool's gold mines' always manage to create FOMO in a bear market, and don't miss out on short-term potential stocks over $10M.
Bitcoin Trend Analysis: Short-term pain, long-term sweetness. BTC broke below the $90,000 mark this morning, currently reported at $89,200, evaporating 2-5% in 24 hours, with this year's increase only remaining at 3% (starting from $90,000 at the beginning of the year). The high of $97,500 has become a memory, with the low approaching the $85k support.
Why the Collapse? Leveraged liquidations + geopolitical risks strike double blows, with ETF outflows intensifying selling pressure. In the short term, the bear market accelerates, with the next stop at $85-88k; if it breaks, it may explore deeper.
Rebound Signal: Analysts say this is a 'temporary de-risking', and after cleaning up leverage, the bull market will restart. Michael Saylor boldly calls for a $1 million target (with a potential 55% increase this year), and the 2% rebound in gold prices also hints at Bitcoin's return to safe-haven status. Highlight: Historical data shows that after such trade war pullbacks, there is often a V-shaped reversal—don't rush to sell, be patient for the dust to settle with Trump, and you can catch a big opportunity.
$SOL $MEMES
