2026-01-08 08:30:33

The recent crypto market has staged a magical drama: the Fear and Greed Index is only 26, retail investors are scared and cutting their losses overnight, but whales are疯狂ly accumulating at the bottom.

BTC is currently hovering around $91,070, down 1.9% in 24 hours. Just a few days ago, it surged to $94,000, but then it suddenly crashed, and the $90,000 level is about to break. A total of $440 million in positions were liquidated across the network, and those chasing the high long positions were directly harvested. Under extreme fear market sentiment, small retail investors feel like the sky is falling, but this is precisely the time for big funds to deploy.

What’s even more heartbreaking is the divergence of MEME coins. Trading activity for FLOKI and PEPE has surged in the past two days—FLOKI’s large transactions over $10,000 increased by 950% week-over-week, and PEPE also jumped 620%, indicating that big players are疯狂ly sweeping up. But ironically, PEPE itself has fallen 6.09% in 24 hours. Retail investors who bought in chasing the gains are now trapped, crying that whales have玩坏了 them.

Institutions are not idle either. Bitwise, a major asset management firm, has submitted 11 crypto ETF applications covering major sectors like DeFi, L2, privacy coins, AI tokens, and even niche assets like Zcash and TAO. The competition for capital deployment is more intense than抢票 during Spring Festival travel. Although BlackRock’s IBIT has recently experienced some outflows, overall institutional holdings have not decreased but increased, clearly playing the "buy the dip" strategy.

There are also new developments on the technical side. Ethereum’s Dencun upgrade is in the sprint stage, with the Goerli testnet scheduled to launch on January 17. After the upgrade, transaction fees on L2s will drop significantly. Ecosystems like Arbitrum and Optimism are likely to躺赢.

Additionally, the global CARF tax framework is being rolled out in 75 countries. Exchanges are now basically acting as "tax outsourcing agents," reporting every on-chain transaction. The era of anonymous tax avoidance is over; friends holding coins should prepare their tax planning in advance.

BTC-1,9%

FLOKI0,45%

PEPE-0,81%

ZEC-4,59%

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StableCoinKaren

· 01-10 11:38

Another round of this trick to cut leeks, whales absorbing positions and retail investors getting liquidated, is it just cycling like this? When the index hit 26, I knew I had to sell, but I still got caught. PEPE dropped 6 points, and some people are still chasing? Truly impressive, the fate of chasing highs and selling lows is unavoidable. Bitwise applied for 11 ETFs all at once, this is a big move, and we retail investors can only wait to be harvested. L2 fees have come down, but Ethereum transactions are still not cheap, so it's better to just hold coins directly. The most concerning part is taxes; there's nowhere to hide in the future. Better to get compliant early, everyone. Whales are frantically accumulating at the bottom, we need to learn to buy the dip during extreme fear instead of cutting losses. This wave of decline is just big funds clearing out retail investors; once institutions finish their layout, there will definitely be another rally.

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AirdropF5Bro

· 01-08 08:55

Here comes the retail investors again, falling when the price drops, chasing high when it rises and getting caught, retail investors will always be the last to take the fall.

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DarkPoolWatcher

· 01-08 08:55

Once again, the same operation—retail investors getting caught, whales holding the chips, a classic script for cutting leeks. Index 26 still dares to chase PEPE? Serves them right for being trapped. Institutions are playing a big game, while we’re just paddling along; the gap is this big. Dencun upgrade is really coming, finally breaking free from the high Gas fee hell. The tax framework is something to take seriously; in the future, on-chain data will be evidence, and there's no way to hide. BTC has dropped quite sharply this time, let’s see if it can hold 90,000. Large whale buy orders are appearing frequently, the bottom signal is quite obvious. FLOKI’s trading activity surged by 950%, someone is definitely manipulating behind the scenes. Seeing BlackRock’s IBIT outflow, but overall institutions are still increasing their positions, which is quite telling. A flash crash from 94,000 to 91,070, those who chased the high are probably reflecting on their lives now.

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SilentObserver

· 01-08 08:38

It's the same old story of cutting losses and bottom fishing; retail investors should be used to being harvested. --- The index started shouting "the sky is falling" at 26, really, if it happens every time, you’d think we’d learn. --- PEPE drops 6 points, and people are still chasing; this must be what it feels like to be taught a lesson by whales. --- Institutions are accumulating while we’re cutting losses; this game rule is written so clearly. --- Tax implementation is more heartbreaking than the decline itself; those holding coins should really do some serious accounting. --- Can the Dencun upgrade save the market, or is this just a routine of good news being directly realized? --- 11 ETF applications submitted at once—are they genuinely planning to deploy or just trying to confuse the market? --- It surged to 94,000 then suddenly crashed; is it really that hard to hold the 90,000 level? --- Large transactions increased by 950% but the price is still falling; this is becoming more and more incomprehensible.

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AirdropATM

· 01-08 08:31

Whales are accumulating at the bottom, while retail investors are still cutting losses at the top. The gap... Another wave of retail investors being harvested. PEPE is still crashing wildly, this tactic is really clever. The fear index at 26, I think this is the best time to get in. Redemptions from BlackRock, but institutions are actually accumulating. Who has a more stable mindset? The Dencun upgrade is really coming, is the Ethereum ecosystem about to take off? The tax framework is being implemented, from now on on-chain transactions will need to be reported for taxes. Privacy coins are about to explode. Whales play retail investors like a game, always using the same tricks. Watching the large transactions of FLOKI grow, it feels like institutions are really preparing for a big move. Retail investors are frozen in losses, but institutions are aggressively adding positions at the bottom. The disparity is huge.

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