February 1st Morning Report:
The monthly chart closed with a large bearish candle. I thought I misread it when I woke up, but the decline was so smooth. All I can say is, I'm ultimately bearing the brunt of the losses.
1. $BTC broke below the previous low of $80,600, hitting a new low since April 11, 2025. It seems the weekend liquidity not only failed to push the price up but also intended to continue the downward trend.
2. $ETH has essentially returned to the lows it was at when DAT first started its upward move. If it goes any lower, it will reach the levels it was at when DAT was first introduced.
3. $SOL seems to be just around the corner from breaking below $100.
4.
5. The "1011 insider whale" has already closed its positions.
6. Trend Research, owned by Yi Lihua, has an ETH position liquidation price of approximately $1558, with a borrowing position health score of 1.34.
Is everyone watching @Jackyi_ld?
7. CZ unfollowed Solana co-founder Toly, sparking community discussion about the neutrality of the Binance ecosystem;
Just follow your own Twitter account, don't overthink it?
8. According to CoinDesk, on-chain data analytics platform Santiment revealed that the proportion of panic discussions about Bitcoin on social media has risen to its highest level since 2026;
Meanwhile, market sentiment indicators have fallen to their lowest point since November last year, with the overall atmosphere shifting from cautious to clearly panicked;
9. JustLend DAO launched WBTC market supply mining activities;
10. @clanker_world, as the terminal for @base's @bankrbot token issuance in recent days, did not fall with the market but instead rebounded to a recent high;
$CLANKER and $BNKR are among the best performing tokens recently;
11. Step Finance was hacked, with approximately $30 million in SOL stolen;
12. Neo founder Da Hongfei: The dispute with Zhang Zhengwen has ended, and a preview of the financial report will be released before February 15th;
13. The head of X product responded to the increase in creator reward revenue sharing: due to a strong crackdown on matrix and "water army" accounts;
14. Bybit CEO Ben Zhou addressed global employees, announcing a full-scale effort to break down financial barriers by 2026;
15. US SEC: Currently operating according to the plan in place during the shutdown;
----------- Exchange owners are arguing, and every time, it's us who foot the bill. We didn't participate in the fight, we didn't even want to watch, yet we're the ones paying the price. It's really unbearable.
Brothers, let's all jump into the sea of exchange money; there's nowhere left to go.
#Bitcoin #Ethereum #Solana #Crypto
