2026-01-09 03:34:15

Morning Market Observation

Yesterday's market showed a general pullback, and the first gap on CME futures contracts has been filled. Overall, there was indeed significant volatility yesterday. Despite the broad decline in US stocks, cryptocurrencies demonstrated resilience.

📊 Several noteworthy details:

Regarding Bitcoin, the price has already reached the first CME gap level and is currently in a rebound phase. Interestingly, there was also a CME gap last week, and how it will be filled depends on the market trend over the weekend. After all, it's already Friday, and short-term market adjustments may occur.

Ethereum's performance is more straightforward—whether it’s falling or rising, the trend is quite smooth. Essentially, it still follows Bitcoin's rhythm with fluctuations, with few independent trends.

Solana's performance is the most impressive. Key figures in the community have publicly expressed bullish sentiment near recent lows. In this cycle, SOL's rebound has been the strongest, with the smallest correction. More importantly, on-chain data has been quite good, and these indicators are worth continuous monitoring.

BTC0,13%

ETH0,44%

SOL0,39%

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GateUser-ccc36bc5

· 9h ago

SOL this wave is indeed fierce, and on-chain data is keeping up as well.

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rekt_but_resilient

· 01-09 04:04

This wave of SOL has really held strong, while Bitcoin is still filling the gap.

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ProofOfNothing

· 01-09 04:04

SOL this wave is indeed awesome, on-chain data is impressive.

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FallingLeaf

· 01-09 04:04

This round of SOL is indeed strong, and the on-chain data is solid. When the big players are bullish, it gives us confidence.

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LiquidityWhisperer

· 01-09 03:48

This wave of SOL is really topping out, Bitcoin is still filling the gap, and it has already taken off.

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TestnetFreeloader

· 01-09 03:38

This move by SOL is indeed quite aggressive, and the on-chain data support is also solid.

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SignatureLiquidator

· 01-09 03:38

Sol truly outperforms others this time; the data is right there.

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GasGuzzler

· 01-09 03:36

SOL this wave is really fierce, the big shots' bullishness is convincing --- Has the Bitcoin gap been filled? We need to watch the weekend closely, as we might be forced to hold the market --- Ethereum is still too trend-following; when will it have an independent trend --- Despite the sharp decline in US stocks, crypto remains resilient, I like this resilience --- CME gaps are really mysterious; they often seem like after-the-fact predictions --- I trust the on-chain data of Solana; the community's enthusiasm is definitely there --- The most feared thing on Friday night is being caught eating late-night snacks, waiting to be smashed --- Bitcoin's rebound phase... the real question is how high it can go --- Solana's correction is the smallest? Now that's truly impressive --- Ethereum is just swinging with Bitcoin, it's great

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