The market rhythm has been quite interesting these past few days. BTC is trying to stay steady, letting the dead cat bounce complete its move and avoid another cramp, which would be awkward. ETH has rarely touched the 3300 level; although it didn't hold and dropped back down, honestly, this is mainly due to Bitcoin dragging it down, Ethereum itself has no major issues.

The precious metals market has also been quite hot these days, with spot silver soaring 5% in a single day, almost hitting new highs. It seems that the appeal of precious metals is still there, after all, they are old friends in traditional asset allocation.

There are also some new developments on the policy front. Federal Reserve Board member Mester said that interest rates should be cut by more than 100 basis points this year, signaling a clear dovish stance. On the other hand, a research team from a certain exchange has put forward an interesting view — the traditional four-year cycle might be failing, and they remain somewhat optimistic about the crypto market outlook in 2026.

In the tech world, Elon Musk's xAI is also active, having just completed a $20 billion Series E funding round, with chip giant NVIDIA participating as well. The size of this funding and the participants involved clearly indicate the current hotness of the AI field.