@Everyone

Today’s Crypto Intelligence
Date: February 7, 2026 (Singapore Time)

1) China’s Eight Departments Jointly Announce Complete Ban on Virtual Currency-Related Business Activities (Long-term Impact)
· My interpretation: The People’s Bank of China and seven other departments clarify that virtual currency businesses are illegal financial activities and fully prohibit related activities within the country.
· My reminder: Once the policy is implemented, participating in any virtual currency trading or issuance activities domestically will face legal risks.
· What you should do: Domestic users should carefully assess legal risks and avoid promoting or operating related services within the country.

2) Bitcoin Experiences Extreme Volatility, First Dropping Then Strongly Rebounding to Reclaim $70,000 (Short-term Impact)
· My interpretation: Bitcoin quickly rebounded after a sharp decline, indicating intense market sentiment fluctuations.
· My reminder: This rebound does not necessarily signal a trend reversal but may be just technical correction.
· What you should do: Wait for clear trend confirmation and avoid short-term trading in choppy ranges.

3) Overall Market Fear Index Remains at Extremely Low Levels (Short-term Impact)
· My interpretation: The Fear and Greed Index shows the market is extremely pessimistic, with significant selling pressure.
· My reminder: Extreme panic often accompanies high volatility, making short-term trading very risky.
· What you should do: Reduce impulsive trades, consider low positions or a wait-and-see approach.

4) Major Crypto Exchange Accidentally Distributes Over $44 Billion Worth of Bitcoin to Users (Short-term Impact)
· My interpretation: A South Korean exchange mistakenly released a large amount of Bitcoin, causing brief market disturbance, which was quickly corrected.
· My reminder: Systemic errors can trigger sharp price swings, difficult for ordinary traders to grasp.
· What you should do: Avoid chasing or panic-selling during abnormal events, keep risk positions manageable.

5) Severe Market Volatility Causes Liquidations and Forced Closures to Accelerate (Short-term Impact)
· My interpretation: Bitcoin’s sharp decline triggered massive forced liquidations, with over $1 billion in positions liquidated within 24 hours.
· My reminder: High leverage trading is prone to rapid liquidation during extreme volatility.
· What you should do: Reduce leverage and reinforce stop-loss discipline.

6) Small Altcoin Decred Significantly Rises Over 32% Against the Trend (Short-term Impact)
· My interpretation: Amid overall market weakness, some small coins show strong rebounds.
· My reminder: Small coins are highly volatile and illiquid, prices can be easily influenced by local capital movements.
· What you should do: Carefully evaluate trading volume and project fundamentals, avoid blindly chasing rallies.

7) Global Risk Assets Rebound Overall, Supporting Short-term Stability in Crypto Markets
· My interpretation: The rebound in US stocks boosts risk appetite, uplifting crypto sentiment.
· My reminder: Traditional market trends often precede crypto market movements.
· What you should do: Adjust crypto holdings based on traditional market trends.

8) XRP Price Under Pressure at Support Levels, Market Sentiment in Panic
· My interpretation: XRP is under pressure below key support levels, with panic spreading to mainstream coins.
· My reminder: Weakness in a single coin may trigger more panic selling.
· What you should do: Monitor support and resistance levels, set stop-losses, avoid bottom-fishing blindly.

9) Global Crypto Market Cap Fluctuates Significantly in Short Term
· My interpretation: The total market capitalization of cryptocurrencies shrank noticeably within 24 hours, indicating tense market sentiment and liquidity issues.
· My reminder: Market sentiment dominates short-term price movements, not necessarily fundamental changes.
· What you should do: Be cautious of short-term volatility, prioritize monitoring capital flow indicators.

10) On-chain Activity (e.g., Large Transfers, Fund Inflows) Significantly Increases
· My interpretation: Large inflows to exchanges or increased on-chain activity for certain tokens suggest potential trading opportunities.
· My reminder: On-chain data should be interpreted in conjunction with market sentiment and price trends.
· What you should do: Use on-chain inflow/outflow as auxiliary indicators, not as sole trading signals.

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