2026-01-07 07:29:26

On January 7th, the global financial markets sent clear positive signals. In the US stock market, the Dow Jones Industrial Average hit a record high, and the S&P 500 also rose accordingly. Technology and energy stocks led the gains, and market appetite for risk assets has noticeably recovered.

At the macroeconomic level, policy actions are worth noting. The central bank conducted 28.6 billion yuan of 7-day reverse repurchase operations, resulting in a net withdrawal of 500.2 billion yuan on the same day; Federal Reserve officials are also warming up for a possible rate cut in 2026, mentioning a reduction of over 100 basis points in their statements, which signals a dovish expectation to the market. However, manufacturing remains challenging, with the December ISM Manufacturing PMI falling to 47.9, remaining in contraction for ten consecutive months.

Geopolitically, there have been changes in Venezuela's political situation, and the UK and France plan to deploy troops to Ukraine after a ceasefire in the Russia-Ukraine conflict. These uncertainties have increased the appeal of safe-haven assets. Gold spot prices rose over 2.6%, while copper prices, due to supply concerns, broke through the $13,000 per ton mark for the first time. Meanwhile, international oil prices declined.

In the cryptocurrency market, these global sentiment shifts are clearly reflected. Bitcoin once surged above $94,000, with an intraday increase of over 2.8%; Ethereum also performed strongly, rising 2.9% to a price of $3,237.8. From a driving force perspective, the new highs in US stocks ignited investor enthusiasm for risk assets, and this momentum naturally extended into the cryptocurrency space. Additionally, the strengthening of expectations for Federal Reserve rate cuts further reinforced market expectations for liquidity easing, providing strong support for risk assets led by Bitcoin. In short, the global risk sentiment recovery, combined with expectations of loose monetary policy, is creating a favorable environment for the upward movement of the cryptocurrency market.

BTC0,24%

ETH-0,77%

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FOMOmonster

· 13h ago

US stocks hit new highs, BTC heading straight for 94,000, this pace is pretty good --- Once the expectation of rate cuts emerged, liquidity loosened, and BTC received a confidence boost --- Manufacturing is still contracting, but it seems no one cares, everyone is busy chasing risk assets --- Gold and copper prices are rising, BTC is also up, with such strong risk aversion sentiment, what's the next move? --- Bitcoin at 94,000 USD, I watched it go up, but the question is, dare to buy the dip? --- The Fed's recent actions are really just a form of QE, the crypto market is benefiting --- ETH is also riding the 2.9% wave, it feels like everything is heading in a good direction --- With such chaotic geopolitical tensions, funds are actually flowing into crypto, interesting --- Loose monetary policy expectations + new highs in US stocks, this combo is making the crypto market feel so comfortable --- PMI has been below 47 for 10 months, the real economy is really starting to struggle

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DegenWhisperer

· 01-07 07:58

The US stock market hits new highs again, and the crypto circle is following suit. Is this wave of liquidity easing really reliable? --- $94,000 is all? I thought it could directly hit $100,000, but it feels a bit lacking in momentum. --- As soon as the rate cut expectations emerged, everything rose. Is this the magic of easing? Haha. --- Manufacturing PMI is a mess, but cryptocurrencies are rising... this contrast is a bit ironic. --- Gold and copper prices are both avoiding risk, anyone with a bit of brains should be optimistic about BTC. --- This wave of market movement is really supported by the Federal Reserve. Once they change their stance, it’s all over. --- With so many geopolitical uncertainties, no wonder safe-haven assets are all rushing to grab money.

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ConfusedWhale

· 01-07 07:58

The US stock market hits new highs again, and BTC is riding the hype. Can this rally really sustain? --- Once the expectation of rate cuts is announced, liquidity floods in. Are funds really that sensitive? --- Manufacturing is still contracting. Is this rally sustainable... or just a bubble? --- Gold and copper are both rising, safe-haven assets are booming, indicating the market is still timid. --- BTC at $94,000 feels like it's about to crash down. Such hype is too short-lived. --- Geopolitical tensions are causing panic, but ironically pushing up gold prices. --- Ethereum is riding along with BTC, but it has no technological breakthroughs of its own, just following the trend. --- The central bank has withdrawn over 500 billion yuan, while the Federal Reserve is still promising rate cuts. Who believes it? --- Risk assets are celebrating wildly, manufacturing is struggling on the brink of bankruptcy. The market is too divided.

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CryptoHistoryClass

· 01-07 07:57

statistically speaking, we've seen this exact playbook before... check the charts from 2021. that "risk appetite recovery" always ends the same way lol

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ETH_Maxi_Taxi

· 01-07 07:56

US stocks hit new highs, Bitcoin at 94,000, this wave really has something --- With the expectation of interest rate cuts, liquidity will be loosened, is the crypto market about to take off again? --- Manufacturing sector is falling apart but still daring to rise? That's a bit strange --- Gold and copper have both risen, only oil prices are falling, the market really knows how to play --- Ethereum up 2.9%, not enough to watch, waiting for the 2026 rate cut to really come --- Shrinking for 10 consecutive months, the underlying economy is rotten, yet they keep talking about risk appetite, laughable --- The chaos in Venezuela, Ukraine, and other places has actually pushed up safe-haven assets, the market is really sick --- Bitcoin at 94,000 USD, do you really dare to chase? --- The central bank has net withdrawn 500 billion yuan, is this tightening or loosening? I find it a bit confusing --- Copper breaks through 13,000 USD, supply chain is about to have issues

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