The market stabilized and rebounded after a nearly 30% correction by the end of 2025, but a new round of offensive and defensive battles has quietly begun near the 365-day moving average. Bitcoin has risen 21% since November 21, but has not yet successfully reclaimed the key 365-day moving average. This is strikingly similar to its performance during the 2022 bear market—when Bitcoin also rebounded after breaking below that average, only to be blocked and restart its downward trend as it approached. The narrative of Bitcoin's "four-year halving cycle" is facing widespread scrutiny from institutional researchers.

TRON Industry Weekly Report

Is it really "cooling down," or is it deliberately "playing dead," holding back a big move? Come, let's dig into Hyperliquid's "counterintuitive operations," and you might regret not going all in earlier after reading this~

On January 19, 2026, at 8 AM UTC+8, Ethereum co-founder **Vitalik Buterin** posted continuously on X, systematically criticizing the current mainstream DAO governance model and providing several improvement directions that he believes have been long overlooked. On the surface, this appears to be a technical review of the "token holder voting + treasury management" model, but what it reflects is another direct clash between the ideals of decentralized governance and the reality of its implementation: DAOs should be about open collaboration and collective

1.19 Tariff news struck suddenly, and the morning market plummeted unexpectedly.

As the Iranian public frantically transfers Bitcoin into personal wallets due to the currency collapse, Wall Street is preparing for a surge of over 100 cryptocurrency ETFs by 2026. These two seemingly unrelated phenomena are together illustrating a watershed moment in Bitcoin's evolution from an underground financial tool to a mainstream safe-haven asset. "The surge in Bitcoin withdrawals from local exchanges in Iran to unassigned personal wallets indicates that during the protests, Iranians are acquiring and controlling Bitcoin at a pace far exceeding previous times." Blockchain

The xMGBX points system launched by the platform incorporates user behaviors such as registration, KYC verification, trading, and task completion into a long-term incentive structure.

Ambush long position

In mid-January, Eastern Standard Time, Bitcoin once again received significant buying support and stabilized around **$92,000**, with prices fluctuating between the **$92,000-$95,000 support zone** and the **$96,000-$100,000 resistance zone**. Meanwhile, the open interest in futures contracts has increased by about **13%** since the beginning of the year, reaching approximately **$66 billion** on **January 15**, marking a nearly **8-week high**, as leveraged funds re-enter the market. In stark contrast,

Crypto Zhongliang: 1.19 BTC/ETH market outlook

Establishing order in chaos, moving from rebellious compliance to systemic monopoly.

On January 19, in the UTC+8 time zone, the Bitcoin network's hash rate fell about 15% from its previous high, with its 7-day moving average dropping to approximately **993 EH/s**. This change has brought the competition for electricity, which was originally buried deep in the data center, to the forefront. As the load on the same campus and the same power line begins to swing between Bitcoin mining and AI training and inference, miners, hash rate service providers, and funders are all reassessing who should receive every kilowatt-hour of electricity they have. This round of hash rate adjustment

The inevitability of financial evolution and the bridge between the old and new worlds