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BlockBeats News, January 30th, U.S. President Trump stated that any candidate serving as Fed Chair would do a fantastic job. Powell has done a very good job, I personally think he’s amazing and I don't want to remove Powell from his position. (Xinhua News Agency)

BlockBeats News, January 30th, CryptoQuant analyst MorenoDV discussed the post-halving analysis of Bitcoin around the aSOPR (Adjusted Spent Output Profit Ratio) indicator. Since early 2024, despite Bitcoin's price hitting new all-time highs above $100,000 from around $40,000, the adjusted SOPR indicator has shown a completely different picture: a clear pattern of lower highs and lower lows. This divergence reveals key information about investor behavior. Every time Bitcoin hits a new price peak, holders are taking profits earlier and earlier, indicating a gradual weakening of faith in each bull run. MorenoDV stated that the market is currently at a crucial turning point. The aSOPR consistently respects a descending channel. Each touch of the channel's upper bound corresponds to a local price top, while a touch of the lower bound corresponds to a local bottom. Currently, Bitcoin is testing the lower boundary of this descending channel in extreme fear, with approximately 1/3 of the total supply in unrealized losses. Historically, this condition (aSOPR below 1.0 + a large amount of unrealized losses) typically sets up a tactical buying opportunity before a short-term rebound. However, the market is now at a crossroads. If the current support level is breached, and other technical indicators confirm bearish momentum, the market will enter a capitulation phase.

ChainCatcher News, according to Golden Ten Data, Investec Chief Economist Philip Shaw stated that there were strong overnight rumors that Walsh would take over, and related transactions were basically completed last night. Next, Walsh's stance on key issues such as interest rates and the balance sheet will be assessed. He pointed out that the U.S. fiscal situation is on an unsustainable path, and Walsh's appointment does not mean that Trump will not intervene in the Federal Reserve or other areas of government operations. Although the risk of a weaker dollar has decreased after today's announcement, risks still remain.