Merkle3s Weekly Update 📊 02/04 1️⃣ Macroeconomics and Risk Appetite ➡️ From the risk of a government shutdown to the nomination of a Fed candidate, #BTC has suffered two consecutive shocks: first, the release of panic, then the amplification of the Fed nomination leading to a second round of suppression. ➡️ Precious metals also experienced rare two-way fluctuations: first rising due to panic, then quickly retreating under the narrative of a stronger dollar. ➡️ The rebound in inflation data has become a potential time bomb; some believe the market may still face a deeper decline or a longer period of sideways consolidation. 2️⃣ Fund Flows and ETF Direction ➡️ After the release of panic, $BTC saw a round of fund inflows, but $ETH continued to see outflows. ➡️ The fund structure shows a "safe haven before selection" characteristic, with a short-term bias towards defense rather than a full return to risk. 3️⃣ On-Chain Hot Topics and Narrative Shift ➡️ On-chain funds have shown a clear migration: after the controversy between CZ and OKX, #BNB and Chinese #Memes... Collective Cooling Down ➡️ #Base absorbed some of the #BNB spillover funds, mainly flowing into #ClawdBot/#MoltBot/#OpenClaw related #AI narratives, and driving up the AI-related coin $CLANKER, thus reaping a wave of AI hype. 4️⃣ OpenClaw Ecosystem Short-Term Explosion and Pullback ➡️ The OpenClaw Agent-dedicated forum #Moltbook experienced a surge in popularity, pushing $MOLT's market capitalization past $100 million. ➡️ Subsequently, a market crash led to a "rapid pullback in the hype," while Moltbook's outage and exposure of spam messages exacerbated negative sentiment and a loss of trust.

Seeing that Sun Ge's ex-girlfriend was attacking him, her writing was full of resentment, it's clear that both of them are masters of generating online buzz.

I've added to my Bitcoin position these past couple of days. To be honest, I don't know when the bottom will be, but it's already pulled back 40% from its high. Based on experience from so many cycles, if I hold on to Bitcoin, it will eventually come back. The value of the US dollar will only continue to erode, and 2028 is another halving cycle, so the network effect will only get stronger. The premise for adding to my position is to act within my means.

The investment logic for AI is currently focused on cash flow and the entry points for individuals and businesses, such as the mouse.

Give me the money, not the roadmap! — Artificial intelligence investment theme…

SanDisk is a powerhouse… a rising star in the AI world.

The federal shutdown is basically over, but the situation with Iran is still dragging on. Walsh's low interest rate and deflation plan have already been voted on by everyone. A lot of people are discussing the bottom of Bitcoin, with some saying it's at 50,000, some at 60,000, and some at 75,000. But we've also seen many institutions buying in with "real money."

Tencent is giving away money...

Taxes and death are realities that no one can escape. Render unto Caesar the things that are Caesar's, and unto God the things that are God's!

Algorithms are now being shaped by the wisdom of the Arabs. At the Arab Youth Hackathon held during the World Government Summit, participant Hamdan Ali showcased a digital game called "Simulation." Inspired by Arab cultural heritage, the game reflects the region's growing influence on the global digital game development industry. Join the discussion. 🗓️ February 3-5, 2026 Dubai, UAE