Odaily Planet Daily - Jurrien Timmer, Global Macro Director at Fidelity, published an article stating that Bitcoin's current trend is now closer to the S-curve of the internet rather than a power law curve. If Bitcoin enters a consolidation phase within the next year, the power law trend line could be closer to $65,000 and may become a make-or-break level for Bitcoin. However, this may or may not happen in the future (or within the next year). Many Bitcoin supporters claim that the four-year cycle has ended and a new structural uptrend wave is coming.

Odaily Planet Daily News Annex Chief Economic Strategist Brian Jacobson commented on US non-farm payrolls: Apart from the healthcare industry, the types of newly created jobs are diverse. However, the shortened average work week in manufacturing is a "warning signal," which typically serves as a leading indicator. Overall, December may mark a turning point in the labor market, with some signs of improvement beginning to emerge, but this judgment remains highly uncertain. (Golden Ten)

BlockBeats News: On January 9th, after experiencing significant deleveraging at year-end and concentrated options expiration, Bitcoin entered 2026 with a cleaner structure. On-chain data shows that profit-taking pressure has been significantly relieved, ETF capital has resumed net inflows, and futures open interest has stopped declining and rebounded. Institutional participation is gradually recovering. The options market has become a key indicator: Among contracts expiring in Q1, traders have concentrated buying calls in the 95,000-100,000 USD range, while market makers have turned net short in this range, and their hedging behavior may provide support during rallies. Implied volatility is in an early recovery phase from low levels, and skew continues to shift toward bullish recovery. BiyaPay analysts believe the current stage is more like an "early phase of structural improvement rather than sentiment euphoria." If the price can stabilize above the cost basis of short-term holders, upside elasticity is expected to be released. BiyaPay

Odaily Planetary Daily News: JPMorgan Chase's latest report indicates that the recent sell-off in the cryptocurrency market may be nearing its end. Analyst Nikolaos Panigirtzoglou stated that the fund outflows from Bitcoin and Ethereum ETFs began stabilizing in January, and future market positioning indicators also show that investor deleveraging behavior by the end of 2025 has been essentially completed. The bank believes that market liquidity remains robust, with this round of adjustments primarily driven by de-risking resulting from MSCI's October announcement regarding a possible exclusion of cryptocurrency-related companies, rather than market stress. MSCI recently decided not to exclude cryptocurrency-related companies from its global equity index review scheduled for February 2026, which provides short-term relief for the market and reduces forced selling risks related to index changes. (CoinDesk)

ChainCatcher 消息，据金十报道，标普 500 指数 1 月 8 日（周四）开盘下跌 10.55 点，跌幅 0.15%，报 6,910.4 点；纳斯达克综合指数开盘下跌 75.26 点，跌幅 0.32%，报 23,509.02 点；道琼斯指数开盘下跌 45.59 点，跌幅 0.09%，报 48,950.49 点。 Note: This text is already in Chinese (Simplified) and the target language requested is French (fr-FR). However, as this appears to be financial news that may be primarily distributed in Chinese markets, here is the French translation: ChainCatcher info, selon les rapports de Jin Shi, l'indice S&P 500 a ouvert en baisse de 10,55 points le 8 janvier (jeudi), en baisse de 0,15%, à 6 910,4 points ; l'indice composite Nasdaq a ouvert en baisse de 75,26 points, en baisse de 0,32%, à 23 509,02 points ; l'indice Dow Jones a ouvert en baisse de 45,59 points, en baisse de 0,09%, à 48 950,49 points.

ChainCatcher 报道，据金十报道，三菱日联银行的分析师指出，由于美联储的降息幅度可能超过市场预期，美元今年将面临进一步下跌。美联储主席鲍威尔表示，自 4 月以来，每月新增就业人数可能被高估了 6,000 人。分析师称，美国实际上正在流失就业岗位，货币政策依然偏紧的情况下，形势好转将非常罕见。三菱日联预计，到 2026 年第四季度，欧元兑美元汇率将从目前的 1.169 升至 1.24。 ChainCatcher message, according to Golden Ten reports, analysts at Bank of Tokyo-Mitsubishi UFJ point out that due to the Federal Reserve's rate cuts likely exceeding market expectations, the US dollar will face further decline this year. Federal Reserve Chairman Powell stated that since April, monthly new job additions may have been overestimated by 6,000. Analysts say the United States is actually losing employment, and with monetary policy remaining tight, improvement in conditions will be extremely rare. Bank of Tokyo-Mitsubishi UFJ predicts that by Q4 2026, the EUR/USD exchange rate will rise from the current 1.169 to 1.24.

BlockBeats News, January 6: Research institutions point out that the structural cooling trend in the U.S. labor market is deepening, with unemployment rates, quit rates, and wage growth all weakening simultaneously, indicating demand-side slowdown rather than short-term fluctuations. This means that even without economic recession, the Federal Reserve may be forced to adopt a more aggressive rate-cutting path than currently priced by the market over the next one to two years to avoid "excessive tightening" of policy. At the macroeconomic level, if real interest rates decline faster than expected, medium-term pressure on the U.S. dollar is almost inevitable, and capital will seek out assets with inflation protection and hedging against currency credit risk. Gold has therefore regained structural support, and this logic is gradually spilling over into the crypto market. Bitunix analyst perspective: Against the dual macroeconomic backdrop of employment slowing and weak PMI data, the market has already begun to price in the risk premium for monetary easing ahead of time. Gold's bull market structure is solidified by expectations of rate cuts, while crypto

Actualités Odaily XTB analyst Hani Abuagla stated in a report that if the U.S. third-quarter economic growth data falls short of expectations, the dollar will be very weak. Any signs of economic cooling could strengthen expectations for further rate cuts by La Réserve fédérale (FED) next year, thereby lowering yields and further weakening the dollar. The decrease in liquidity at the end of the year and recent changes in global politique monétaire may exacerbate this sensitivity. In particular, the recent rate hike by the Banque centrale of Japan may encourage capital inflows into the yen, which will further suppress the dollar if U.S. economic data disappoints. (Jin10)

Actualités Odaily CoinDesk analyst Omkar Godbole points out that hedging activities around Bitcoin's 80,000 USD options de vente have surged, and the trading environment may be challenging in the short term. From a macro perspective, the excellent performance of the 10-year Treasury bonds, as a traditional asset refuge, has sounded the alarm for other risk assets including stocks. However, the situation may change before the end of the year, especially if La Réserve fédérale (FED) lowers rates by 25 points de base as expected early next month, signaling a clear dovish stance. (CoinDesk)

Bot d'actualités Gate, selon l'annonce de la plateforme Gate du 1er juillet 2025 : Gate a terminé la migration des jetons Neopin (NPT) vers Mayflower (MAY). La nouvelle adresse de contrat sur la chaîne Solana pour le jeton MAY est FJz7ptUR1FwxSHbb8Sfd5Cn6Zt4TqucJZKLqU4n66gdq. La plateforme ouvrira la paire de trading MAY/USDT le 2 juillet 2025 à 14:00 (UTC+8). Gate prendra en charge les services de dépôt et de retrait pour MAY, tout en ne soutenant plus l'ancien jeton NPT.