由Omkar Godbole（除非另有说明），加密市场（Crypto Market）希望在昨天的摔倒后与链链指标跌落后，希望重新获得一些镇定，显示了比特币屈服的迹象。

加密市场（Crypto Market）希望在昨天的链链指标的投掷后重新获得一些平衡，显示了比特币屈服的迹象。有些令牌，例如Makerdao的MKR

The crypto market is showing signs of resilience today after yesterday's rout, with on-chain indicators suggesting capitulation in bitcoin.

加密货币市场今天在昨天的溃败之后显示出弹性的迹象，链上指标表明比特币进行了投降。

Some tokens, like MakerDAO's MKR, are seeing triple-digit gains, with a 20% surge in 24 hours, driven by the DAO's buyback and burn process.

有些令牌，例如Makerdao的MKR，在DAO的回购和燃烧过程的驱动下，看到了三位数的增长，在24小时内激增了20％。

IP, the native token of decentralized intellectual property-focused blockchain Story Protocol, is also in the green, having risen nearly 40%. The token's price has doubled in two weeks after being listed on South Korean exchanges.

IP是权力下放的以知识产权的区块链故事协议的本地标记，也处于绿色状态，已上涨了近40％。在韩国交易所上市后的两周内，代币的价格增加了一倍。

Other notable outperformers include Celestia's TIA along with XDC, QNT and HYPE. Data tracked by blockchain sleuth Lookonchain shows whales have been buying the dip in the HYPE token. XRP, meanwhile, is hanging on to a key Fibonacci level, keeping bulls' hope for bigger gains alive.

其他值得注意的优于表现包括Celestia的TIA以及XDC，QNT和HYPE。由区块链侦探Lookonchain跟踪的数据显示，鲸鱼一直在购买炒作令牌中的倾角。与此同时，XRP正在悬而未决的斐波那契级别，使公牛队对更大的收益保持活力。

According to Matthew Hougan, chief investment officer of Bitwise Asset Management, the crypto market is digesting the end of the recent memecoin frenzy, which could be replaced by productive sectors such as stablecoins, real-world assets and DeFi. "But until they start making their presence felt, the loss of energy will create a drag on the market," Hougan said on X.

Bitwise Management的首席投资官Matthew Hougan表示，加密市场正在消化最近的Memecoin Frenzy的终结，该公司可以被稳定的领域，例如Stablecoins，Real-World Assets和Defi所取代。霍根在X上说：“但是，直到他们开始感受到自己的存在，能量损失将在市场上引起阻碍。”

On the macroeconomic front, the optimism seen after the Nov. 4 election is being replaced by caution, as evidenced by Tuesday's release of the U.S. consumer confidence. The gauge dropped to an eight-month low, and the one-year inflation expectations were highest for 1.5 years, with President Donald Trump's tariffs singled out as the primary concern in almost every household and business survey.

在宏观经济方面，11月4日大选后看到的乐观情绪被谨慎取代，这证明了周二发布美国消费者信心的乐观。量规降至八个月的低点，一年的通货膨胀期望在1。5年中最高，唐纳德·特朗普总统的关税几乎是每项家庭和商业调查中的主要关注点。

The dour sentiment and a strengthening yen might keep the upside in risk assets restricted for some time. Earlier this week, Belgium's central bank's head, Pierre Wunsch, warned that the ECB risks sleep-walking into too many rate cuts. The Fed, for its part, is unlikely to do QE anytime soon. (Sure, the January meeting minutes discussed an end of quantitive tightening, but that does not mean quantitative easing.)

杜尔的情绪和加强日元可能会限制风险资产的上升空间一段时间。本周早些时候，比利时中央银行的负责人皮埃尔·旺斯（Pierre Wunsch）警告说，欧洲央行有可能降低速度太多。美联储不太可能很快就会做QE。 （当然，一月份的会议记录讨论了定量收紧的结束，但这并不意味着定量宽松。）

Speaking of key events to watch out for, the Senate Banking Committee, led by Senator Cynthia Lummis, is set to revisit crypto regulations during Wednesday's scheduled hearing titled “Exploring Bipartisan Legislative Frameworks for Digital Assets.”

说到要注意的关键事件，参议员辛西娅·卢米斯（Cynthia Lummis）领导的参议院银行委员会将在周三的预定听证会上重新审视加密法规，标题为“探索数字资产的两党立法框架”。

What to Watch

看什么

Token Events

令牌事件

Conferences

会议

Token Talk

代币谈话

By Francisco Rodrigues

弗朗西斯科·罗德里格斯（Francisco Rodrigues）

Derivatives Positioning

衍生物定位

Market Movements:

市场变动：

Bitcoin Stats:

比特币统计：

Technical Analysis

技术分析

Crypto Equities

加密股票

ETF Flows

ETF流

Spot BTC ETFs:

SPOT BTC ETF：

Spot ETH ETFs

点ETH ETF

Source: Farside Investors

资料来源：Farside Investors

Overnight Flows

隔夜流动

Chart of the Day

日图

While You Were Sleeping

当你睡觉的时候

In the Ether

在以太