On February 1, 2026, mainstream assets such as BTC and ETH experienced a sharp crash during the trading session in the East Eight Zone, plummeting from high levels: Bitcoin reached the $70,000 range again after 296 days but quickly fell back, while Ethereum recorded a dramatic drop of approximately **11.8%** within 24 hours. As prices plummeted, a chain reaction of liquidations occurred in the derivatives market, with Coinglass data showing that the total liquidation scale across the network reached as high as **16.

On February 1, 2026, **the price of Bitcoin briefly broke through the support level of $81,000, dipping to around $80,500**. During the major trading hours in the East Eight Zone, it recorded a **daily decline of 3.87% (Bitget data)**, and on a 24-hour basis, it fell by about **1.8% (HTX data)**, marking a new low in nearly 10 months. Over the past period, the price has been fluctuating around the **$80,000 to $82,000 range**, which is both a densely traded area in terms of technical patterns and a stronghold for bulls.

Traders are watching $1.74 as near-term support, with $1.79–$1.82 now the key resistance zone.

On January 31, Eastern Standard Time, **BTC, ETH, and SOL** simultaneously fell from their highs, triggering a wave of concentrated deleveraging across the entire market. The prices of the three major cryptocurrencies broke through key support levels: **BTC fell below $82,000, ETH fell below $2,600, and SOL fell below $110**, leading to a large-scale liquidation of positions across the entire network. According to statistics, the total liquidation amount within 24 hours reached **$713 million**, with ETH-related liquidations accounting for approximately **$495 million**.

On January 31, 2026, **Step Finance**, an important aggregator in the Solana ecosystem, was reported to have suffered a serious security incident involving its treasury and fee wallet, with approximately **261,854 SOL** being unstaked and transferred to an unknown address, valued at nearly **30 million dollars** at the time. This project, which has long played the role of "asset dashboard and yield aggregation entry" for Solana DeFi, suddenly exposed a fatal gap on the treasury side, making the entire ecosystem aware of

Months after Oct. 10’s flash crash and liquidation cascade, a fresh spat has opened between exchange executives and market watchers over whether a leveraged yield loop, thin liquidity, or busted market plumbing did the real damage.

Author: JW, Techub News The non-ferrous metal market shows initial signs of strength in 2025; the beginning of 2026 has entered a "boiling moment" without any warm-up. The prices of the three major precious metals—gold, silver, and platinum—are leading the charge, while heavy metals like copper and aluminum are steadily following suit, and rare metals such as lithium and tungsten are blooming in multiple areas, creating a spectacular market feast. However, Bitcoin is quite the opposite; since October 2025, after experiencing a rapid surge, Bitcoin has stalled around $90,000, entering a prolonged period of fluctuation. Whether in terms of sentiment, trading volume, or flow

This week, in the East 8 Time Zone, the price of Bitcoin briefly fell below **$83,000** (according to a single source), triggering a chain liquidation of leveraged long positions due to a short-term pullback, with approximately **$1.7 billion** in passive liquidations across the entire market within 24 hours (according to a single source), marking a key turning point in this round of market activity. At the same time, **BTC, ETH, SOL**, and several other assets, including **tokenized silver futures**, faced pressure simultaneously, leading to a concentrated clearing of leveraged positions in the futures and options markets.

Privacy tokens often become a hot topic for speculation at the end of a bull market, such as ZEC and XMR, but lack actual demand support. After multiple cycles, they still struggle to take off, so be cautious of becoming a bag holder in the sector rotation.

The market has fluctuated sharply due to the possibility of Kevin Warsh taking the helm of the Federal Reserve. His contradictory stance of supporting interest rate cuts while insisting on balance sheet reduction has led to a plunge in gold and silver prices and a strengthening of the dollar. Investors are concerned about tightening liquidity, and there are significant differences on Wall Street regarding his independence and policy impact.

This report takes a wallet perspective, reviewing key changes closely related to daily finance in the on-chain ecosystem of 2025, and based on this, explores the evolution direction of on-chain finance in 2026.

Faced with unprecedented political pressure and threats of criminal investigation, Federal Reserve Chairman Powell, with only a few months left in his term, chose to publicly advise the next chairman to "stay away from politics." A battle to defend the independence of the U.S. central bank has entered a heated stage. On January 28, local time, Federal Reserve Chairman Powell clearly stated at a press conference that he advises the next Federal Reserve chairman to "draw a clear line" with American politics. Just the day before, former U.S. President Trump once again

From the entry of giants to the transformation of banks, an analysis of the license landscape and regional differentiation in the fourth quarter.