GasFeeNightmare

By the end of 2025, the cryptocurrency market did not perform as expected, with investor funds flowing into AI-focused physical computing companies, indicating a decline in market confidence in Bitcoin. Industry optimism proved to be inaccurate. Due to the rise of AI technology and macroeconomic pressures, the crypto market is moving towards maturity. In the future, industry trends must be the focus, rather than traditional get-rich-quick fantasies.

The wave of RWA tokenization over the past six months has far exceeded market expectations. Institutional-grade assets on the chain have surpassed the $20 billion mark. This is not speculative hype, but real capital migration is happening. As traditional finance begins to consider deploying billions or hundreds of billions of dollars on the blockchain, the question is no longer "if" to put assets on the chain, but "which chain" to use.
The answer is: there is no single blockchain, only differentiated infrastructure. Rayls Labs, Ondo Finance, Centrifuge, Canton Network, and Polymesh are five protocols that are carving out their respective roles in this institutional capital migration. They are not competitors, but specialized solutions targeting different segments of the financial system.
The market ignored by institutions is accelerating in growth
Three years ago, RWA tokenization was almost nonexistent. By early January this year, this market had already

The crypto financing market is undergoing a dramatic transformation, and stories are no longer the key to attracting investments. Data and actual performance have become the new standards. Venture capital firms must adapt to new rules, focusing on hard data and sustainable business models. Market liquidity concentration has led to difficulties in early-stage funding, and projects must demonstrate their ability to generate revenue to survive. 2026 is a critical year, and high-quality projects will dominate the future.

Recently, the cryptocurrency market sentiment indicator suddenly shifted from neutral to greed, with the Fear & Greed Index soaring from 48 to 61, indicating a rebound in investor sentiment. Bitcoin's price also recovered, reaching a recent high of $97,704. Although there was a slight pullback, the overall upward trend remains steady. However, the market must remain vigilant against the potential risks brought by exuberant emotions, and future developments should be closely monitored.

This week's cryptocurrency market has been volatile, with Bitcoin price dropping to $89,940. A strong dollar and rising risk aversion have triggered liquidations, with over $860 million in forced liquidations in the past 24 hours, especially in long positions. The internal market structure remains fragile, and analytical institutions point out that the current trend resembles a bear market rebound rather than the start of a new bull run. Although long-term holders are reducing their sell-off speed, the market still needs to be cautious of potential volatility risks, especially as spot demand has not yet sustained a recovery.

When considering BTC dollar-cost averaging strategies, the risk-to-reward ratio of 3x leverage is not ideal. Backtesting shows that while 2x leverage can yield substantial profits in bullish markets, the marginal gains from 3x leverage are slim, and the high risk leading to drawdowns causes psychological pressure for investors. Spot dollar-cost averaging offers the best risk-to-reward ratio, and long-term holding is more logical.

Taiwan-based blockchain startup BSOS completed a million-dollar angel round of funding in 2020, with investment from the National Development Fund, demonstrating the government's emphasis on the blockchain industry. BSOS focuses on enterprise-level blockchain applications and has partnered with several financial institutions, planning to promote supply chain finance-related products. Additionally, BSOS continues to deepen technical collaboration with international partners such as Quorum, with the goal of unlocking the market potential of blockchain within the next 3-5 years.

Bitdeer has surpassed MARA Holdings in the Bitcoin mining industry to become the world's largest mining giant, with a total hash rate of 71 EH/s. The reason behind this is its self-developed SEALMINER chips that improve mining efficiency, and the company is actively expanding into AI computing. In contrast, MARA adopts a conservative strategy, focusing on holding Bitcoin. Bitdeer, on the other hand, employs a "mine and sell" model, demonstrating a more aggressive market strategy.

K33 Research analysis indicates that the Bitcoin halving effect is failing, and the market is increasingly influenced by institutional funds and macroeconomic factors. As Bitcoin shifts from a speculative asset to a mainstream store of value, investors need to rethink simplified predictive models to adapt to more complex market changes.

The CME gap phenomenon is attracting increasing attention from professional traders in cryptocurrency trading, as it hides important market mechanisms and trading opportunities behind it. CME gaps are mainly formed due to the price difference between Bitcoin's Friday close and Monday open, reflecting institutional fund flows. Gaps serve as support and resistance levels and are usually filled quickly, helping traders determine short-term trends. The spellcaster emphasizes that accurately identifying gaps, judging their direction, and effective risk management are key to successful trading, while also paying attention to factors such as gap size, trading volume, and market environment.

Entering 2026, the investment market becomes clearer, and the improvement in U.S. fiscal policy lays the foundation for risk appetite strategies. Gold prices are supported by central bank demand and remain bullish in the long term. AI and cryptocurrencies face valuation adjustments, and investors should seek allocation opportunities. Market policy stability increases, with BDCs and emerging markets like India offering attractive investment options. The gold trend will become a key reference.

Last week, the cryptocurrency market experienced abnormal large-scale capital flows, with institutional whales adjusting their position strategies, triggering changes in market structure. Trader liquidation was evident, with open interest decreasing and selling pressure intensifying, indicating a dominant bearish sentiment. At the same time, Binance saw increased large capital inflows, suggesting possible capital consolidation. The market remains polarized between bulls and bears, with risks and opportunities coexisting. Investors should closely monitor whale capital movements and future market trends.

PANews analyzed 295,000 markets on the Polymarket platform and found that liquidity is unevenly distributed, mainly concentrated in a few super events. Short-term markets (less than 1 day) have poor liquidity, with 63.16% of contracts having zero trading volume, while long-term markets (more than 30 days) have strong liquidity, with institutional funds favoring these stable predictions. Sports prediction markets are highly polarized, and real estate predictions face cold start challenges. The liquidity truth shows that successful markets require high feedback or deep betting; otherwise, survival is difficult.

Taishin Bank has partnered with the virtual asset exchange HOYA BIT to launch New Taiwan Dollar trust services, solving the difficulties cryptocurrency investors face when depositing and withdrawing funds. Users can enjoy instant deposits and withdrawals within 24 hours, enhancing liquidity and helping Taiwan become an asset management hub in Asia. This collaboration combines financial technology to strengthen digital financial innovation, marking Taiwan's progress in the global fintech market.

Under the background of global de-dollarization and interest rate cuts, gold asset allocation has become a focus for investors. In 2025, gold ETF capital inflows reached a new high, and gold prices are bullish, influenced by geopolitical factors and US policies. Tether's gold token XAUT offers a low-threshold allocation option, utilizing blockchain technology to enhance liquidity, making it an ideal choice for ordinary investors.

Currently, market sentiment is subdued, and digital assets like Bitcoin are facing sideways consolidation, with a potential trend reversal just around the corner. Investors are advised to remain patient and prepare for the opportunity to buy the dip at future lows. As inflation pressures emerge, investment opportunities in 2026 will be worth looking forward to.

At the financial trading conference in Las Vegas, asset management experts pointed out that the investment value of Bitcoin is rising because its mining costs are approaching market prices, which may indicate that the price has bottomed out. Experts recommend viewing Bitcoin as a commodity asset and mentioned the rise of digital payments and blockchain technology, noting that this is a long-term investment opportunity worth paying attention to.

Investor Dan Tapiero predicts 2026 will be a crucial turning point for the cryptocurrency market, recommending idle funds be allocated to Bitcoin, Ethereum, and Solana. The focus is on stablecoins becoming the core of payments, with Bitcoin's target price potentially reaching $180,000. Global interest rate cuts and AI investments are driving currency devaluation, benefiting Bitcoin as a hedge. While the prospects for tokenization applications are promising, caution is advised for digital asset reserve companies, ultimately emphasizing that application scenarios will dominate market development.

In 2025, the crypto market experienced intense volatility and mature development, with perpetual contract trading volume reaching $340 billion. The forecasted market also showed significant growth. Investors began to focus on fundamentals, the rise of ownership tokens, the launch of security tokenization pilots, and consumer-grade products becoming market focal points. As narrators take on a rising role, competitive advantages come from clear thinking and the creation of high-quality products. In the future, the focus should be on value accumulation and market trends.