【January 30th Market News and Data Analysis】

1. The geopolitical war situation is heating up, with the U.S. military sending additional warships to the Middle East. Global assets such as U.S. stocks, #GOLD , precious metals, and cryptocurrencies are declining;

2. #TRUMP Trump states that the Federal Reserve chair candidate has been shortlisted twice, and Waller's nomination is now almost certain;

3. #crypto The liquidation amount in the cryptocurrency market over the past 24 hours has risen to 1.681 billion USD, with long positions liquidating at 1.574 billion USD;

4. A surge of funds into Asian gold ETFs raises alarms, as the market worries that gold prices are nearing a short-term peak.

Latest news indicates that the U.S. Navy has deployed additional destroyers to the Middle East, further escalating tensions in the region. As a result, major global risk assets have generally faced sell-offs, with U.S. stock indices and traditional assets like precious metals experiencing significant corrections. The cryptocurrency market has also not been spared, with #BTC Bitcoin's price quickly dropping from around $88,000 to $81,000, while the total liquidation amount across the network has sharply increased, particularly affecting long positions.

This market response indicates that in the face of sudden geopolitical risks, cryptocurrencies are still seen as high-risk assets, with their prices showing a high positive correlation with traditional risk assets like U.S. stocks. Severe price fluctuations have triggered mass forced liquidations of high-leverage long positions, creating a typical negative feedback loop of "decline - liquidation - further decline." For Bitcoin, its price movements in the short term will continue to be constrained by global macro risk sentiment, with volatility likely remaining high. In the long term, if geopolitical tensions become normalized, it may prompt some funds to reassess their hedging properties as alternative assets, but this process will be accompanied by severe market pain.