Friday morning session, this wave of market movement still looks promising. Bitcoin has once again experienced a roller coaster in the past two days, with several fluctuations each week. Hopefully, today can be more stable. Ethereum has been quite accommodating, once again breaking above the $3000 mark along with the broader market. Their movements are basically synchronized, but such correlation is indeed a bit boring.

From a macro perspective, the probability of the Federal Reserve maintaining interest rates in January has reached 85.1%, indicating that market expectations for policy are relatively stable. Meanwhile, spot gold opened sharply higher at the first trading day of 2026, jumping to $4331.95 per ounce, with both risk assets and safe-haven assets showing signs of activity.

Institutional actions are also worth noting. Strategy recently increased its holdings by 10,600 BTC, investing $980 million. Such a level of buying volume can still reveal some insights. On the other hand, inflows of 24,500 ETH into a major exchange have reached a new high since July, possibly indicating some large investors are adjusting their positions.

From a technical perspective, Vitalik reaffirmed that Ethereum’s goal remains to build a world computer, and this core positioning has not changed. Overall, the market is still digesting various signals, and short-term fluctuations are inevitable.