According to Lookonchain, the market downturn has led to significant liquidations for trader 0xEc0B, who reportedly faced 21 liquidations on long positions across BTC, ETH, ENA, WIF, NEAR, CRV, and DOGE. These losses, amounting to over $19.7 million, highlight the risks of leveraging in highly volatile cryptocurrency markets.

According to @CryptoMichNL, he added $10,000 to his personal altcoin portfolio, splitting the allocation across OP, TAO, SEI, and W as part of an ongoing DCA plan. According to @CryptoMichNL, the plan is to keep adding roughly $10,000 monthly over the next 2–3 months depending on strength or further drawdowns, while acknowledging the personal portfolio is down about 75–80%. According to @CryptoMichNL, the rationale includes signals that Bitcoin priced in gold is at historically low levels, weekly and biweekly RSI nearing prior bear-market lows, the production cost sitting above price, and a shifting macro backdrop with a progressive Fed chair, a turning business cycle, potential avoidance of shutdowns, and the Clarity Act coming into play. According to @CryptoMichNL, the near-term game plan is to hold rather than actively trade, adjusting only if one position materially outruns the others. According to @CryptoMichNL, this higher-risk personal approach differs from the @MNFund_ and VC portfolios, with the fund said to have outperformed Bitcoin by about 35% since its July 1, 2025 inception. According to @CryptoMichNL, this is not financial advice and DCA is his preferred strategy for those with suitable risk tolerance.

According to @KobeissiLetter, the total crypto market cap fell from a record $4.3 trillion on October 6 to $2.3 trillion over four months, a $2 trillion decline equating to roughly a 46% wipeout. According to @KobeissiLetter, this magnitude of drawdown highlights severe pressure across digital assets and underscores elevated volatility that traders must account for in positioning and liquidity planning. According to @KobeissiLetter, the data frames current conditions for tighter risk controls and cautious short term trading strategies.

According to @KobeissiLetter, crypto markets have erased about 1 trillion dollars in market capitalization since January 14, averaging roughly 45 billion dollars per day over 22 days (source: @KobeissiLetter). The source describes current capital markets as unusually noisy and urges traders to focus on signal over noise to navigate volatility (source: @KobeissiLetter). Given the magnitude and speed of the drawdown cited by @KobeissiLetter, traders may prioritize liquidity checks, tighter position sizing, and disciplined risk limits when trading cryptocurrencies and altcoins to manage downside exposure (source: @KobeissiLetter).

According to @LexSokolin, venture capital attention has rotated from blockchain toward AI and robotics, reframing many crypto projects as exit-liquidity driven rather than utility-focused (source: @LexSokolin on X). According to @LexSokolin, crypto VC fundraising and LP commitments remain weak with some firms pivoting away, implying reduced funding support for token-led experiments (source: @LexSokolin on X). According to @LexSokolin, traders should anticipate thinner venture-backed narratives, slower token launch pipelines, and pressure on illiquid altcoins until projects show real-world adoption (source: @LexSokolin on X). According to @LexSokolin, recovery paths favor valuable tokens tied to practical web2 businesses over repetitive DeFi or perps DEX clones (source: @LexSokolin on X).

According to @ai_9684xtpa, wallet 0x8d0...59244 accumulated about 7 million USD worth of HYPE within 12 hours at an average cost near 34.9 and is currently showing an unrealized loss around 272,000 based on the cited Hyperbot tracker. According to the same source, HYPE has retraced about 11.4 percent from a short term peak near 37.87 to roughly 33.54, and the activity is framed by the source as a rebound bet, with a reference link to Hyperbot for ongoing flow verification.

According to @MI_Algos, Bitcoin (BTC) has broken the yearly open near 87.5k and the prior local low at 74,420, reflecting sustained bearish momentum. The analysis maps potential support where technical levels align with stacked order book liquidity to identify areas of interest for traders (source: @MI_Algos). It also reviews altcoin structures for resilience and potential opportunities while monitoring any relief rally and prospective bottom formation (source: @MI_Algos).

According to @GracyBitget, BTC fell from about 110K on 10/23 to below 77K on 02/03 and the post October 11 black swan fallout cut weekly CEX volumes by 20 to 40 percent with some market makers liquidated, signaling fragile liquidity and higher risk for momentum entries (source: @GracyBitget). According to @GracyBitget, altcoins are fading and the DAT bubble is deflating as real demand is weak and many recent deals are in kind token for equity swaps, leaving retail and many private participants with poor risk reward (source: @GracyBitget). According to @GracyBitget, a defensive playbook is preferred: cash allocators may consider a 5 to 20 percent BTC allocation given a relatively low BTC to gold ratio, leveraged traders should de risk, partial positions should stay patient, and heavier positions can wait for a 70K support test before adding (source: @GracyBitget).

According to @EmberCN, HYPE surged to around $38 while whale Laurent Zeimes, who began building a long near $22 about a week ago, now shows roughly $20.21 million in unrealized profit. According to @EmberCN, the address holds a 1.478 million HYPE long valued about $56.24 million with an average entry price of $24.36. Based on @EmberCN’s reported position metrics, the concentrated long exposure could heighten near-term volatility around the whale’s average cost and current valuation, which traders may monitor for liquidity reactions.

According to @OnchainLens, as HYPE trades above $36, @loraclexyz increased his HYPE long to 1,478,841 HYPE valued around $53M, with an unrealized profit exceeding $17M. According to @OnchainLens, he also holds a small 3x short in LIT, bringing total profit across positions to above $27.5M. According to @OnchainLens, these figures come from on chain wallet tracking for the cited address.

According to @BullTheoryio, the ISM manufacturing PMI printed 52.6, the highest in roughly 40 months, signaling U.S. manufacturing expansion. The author notes that in prior crypto cycles the strongest altcoin rallies began only after the ISM trended higher, citing 2017 and 2021 as examples. They frame the rising PMI as a macro trigger traders can monitor for potential altcoin rotation, emphasizing that altseason strength historically followed sustained uptrends in this indicator.

According to @CryptoMichNL, the ISM reading moved above 50 to 52.6, its highest in more than three years, which he notes has historically coincided with Bitcoin (BTC) and crypto bull phases when the index holds above 50 (source: @CryptoMichNL). He adds that the economy just experienced the longest sub-50 stretch without a recession, framing recent weakness in gold and silver as evidence of shifting macro dynamics favoring risk assets (source: @CryptoMichNL). Based on this, he argues Bitcoin is nearing the end of its bear market and could outperform as the macro backdrop improves (source: @CryptoMichNL).

According to @CryptoMichNL, the late 2024 peak has rolled into a 2025 bear phase with most altcoins down around 80%, and prior bear market bottoms coincided with the BTC versus Gold RSI falling below 30, which he says is occurring again (source: @CryptoMichNL). According to @CryptoMichNL, the sharp gold selloff triggered risk-off portfolio rebalancing that led managers to exit Bitcoin, driving the initial crypto drawdown (source: @CryptoMichNL). According to @MNFund_, recent commodity shocks included a near 10% drop in gold and a 30% slide in silver, and when commodity volatility subsides, flows historically rotate back into Bitcoin and crypto and they outperform gold (source: @MNFund_). According to @CryptoMichNL, MN Fund mitigated risk and finished 2025 positive versus the euro with notable outperformance versus Bitcoin (source: @CryptoMichNL). According to @CryptoMichNL and @MNFund_, traders should monitor the BTC versus Gold RSI and commodity volatility as rotation signals (sources: @CryptoMichNL, @MNFund_).

According to @CryptoCoinCoach, IOTA is testing a long term support zone at the lower boundary of a descending channel that has historically attracted demand. According to @CryptoCoinCoach, the recent selloff appears to be slowing and price is attempting to stabilize at this area, keeping a relief move toward the channel mid range in play if buyers continue to defend the level. According to @CryptoCoinCoach, a sustained hold could set up a subsequent retest of the upper descending resistance, while a failure to hold this zone could trigger a deeper downside before any meaningful recovery. According to @CryptoCoinCoach, traders should stay patient and wait for confirmation before positioning around this key decision region.

According to @GracyBitget, top VC and market making partners report losses on DAT exposure, altcoins remain structurally weak after the 10/11 shock, and exchange volumes have declined while some MMs faced liquidations, indicating fragile risk appetite, source: @GracyBitget on X. For trading, she advises cutting leverage, staying defensive, and for underexposed investors considering a staged BTC allocation while focusing on real infrastructure themes such as stablecoins, RWA, and payments that may not issue tokens, adding that this is neither a blind-buy opportunity nor a bull-market top, source: @GracyBitget on X.

According to Santiment, ongoing debates about profits rotating from precious metals into cryptocurrencies were met with an unusual split: gold fell more than 8 percent and silver more than 25 percent, while Bitcoin (BTC) and altcoins remained flat, indicating limited cross asset spillover on the day (source: Santiment).

According to @EmberCN, a single address bought 1.243 million HYPE with 41.32 million USDC at an average entry of 33.2 and has begun selling around 28.8 as HYPE retraced with the broader market; if fully exited near this level, the estimated loss would be about 5.5 million, per the same source.

According to @CryptoKing_2020, Bitget launched a 48-hour PRAI-focused trading event with a 13,600 BGB prize pool and up to 800 BGB for the top trader, source: @CryptoKing_2020; event page: bitget.com/launchhub/trading-club/233021. The window runs from Jan 28 00:00 UTC+8 to Jan 29 23:59 UTC+8, and participation is open to all regions with no restrictions, source: @CryptoKing_2020. Rankings are determined solely by trading volume during the event, with no minimum volume requirement and 590 total winners, source: @CryptoKing_2020.

According to @CryptoKing_2020, Bitget has launched a 48-hour PRAI-focused trading event with a 13,600 BGB prize pool and up to 800 BGB for the top trader. According to the same source, the event runs from Jan 28 00:00 to Jan 29 23:59 (UTC+8), is open to all regions with no restrictions, and has no minimum trading volume requirement. According to @CryptoKing_2020, rankings are determined solely by trading volume during the event window, with 590 total winners.

According to @EmberCN, HYPE jumped from around 22 to 33 in roughly a day, while whale Laurent Zeimes reportedly opened a 5x leveraged long of about 1.227 million HYPE at an average near 22.37, for a notional size around 27.46 million; as price rebounded to 33, the position shows about 13.03 million in unrealized profit. Source: @EmberCN on X.