January 11th, the crypto market is a bit interesting today. Bitcoin is repeatedly testing around $150,000, supported by ongoing institutional fund inflows. There is resilience below this level, but no obvious momentum above it, and the overall situation is a narrow-range consolidation.
What’s worth noting is the DeFi side, where cross-chain protocol upgrades have boosted enthusiasm. Especially in the Solana ecosystem, NFT trading volume has surged by 40% in a single day, indicating that on-chain activity is indeed picking up. In contrast, the Ethereum sector appears somewhat subdued.
Tonight, the US CPI data will be released, and the market is now waiting for this key figure. The volatility index has already fallen to a three-month low, showing that investors are clearly cautious and hesitant to make early bets. In the short term, this wait-and-see sentiment may continue.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
UncleLiquidation
· 10h ago
Sovereign funds are stepping in, but this 150,000 position feels like it's just like that, with no desire for breakthroughs.
SOL's NFT is taking off, ETH is really being neglected, it's hilarious.
Waiting for CPI data, this is the real exam time.
View OriginalReply0
GateUser-ccc36bc5
· 10h ago
$150,000 is really a stubborn position, sovereign funds have been holding it up
Is SOL's NFT wave coming? Keep an eye on it, Ethereum really hasn't moved
Everyone has to hold back before the CPI is released; no one wants to get hit
It's mainly waiting for the data; such low volatility indicates everyone is uncertain
Right now, it's just a gamble on the CPI trend, so boring to death
View OriginalReply0
DeFi_Dad_Jokes
· 11h ago
Sovereign funds are playing chess, while we're watching the show. The 150,000 level is a tug-of-war scene.
Seyer's recent NFT trading volume surge is quite intense. Why is Ethereum so neglected? I really can't hold it anymore.
Let's wait for the CPI. Anyway, volatility has dropped to this level, and the cautious camp has already won big.
View OriginalReply0
MidnightGenesis
· 11h ago
On-chain data shows that NFT transactions in the Sol ecosystem are indeed experiencing unusual activity, but such a 40% single-day increase is often inflated... Contract changes deployed late at night are worth monitoring.
View OriginalReply0
DaoDeveloper
· 11h ago
sovereign fund entry thesis checks out – $150k's holding better than expected. but ngl, that narrow range feels like everyone's just waiting for cpi to break something. watching to see if this actually catalyzes or just another fake pump. sol's nft volume spike is interesting tho – composability patterns across chains really starting to matter here.
January 11th, the crypto market is a bit interesting today. Bitcoin is repeatedly testing around $150,000, supported by ongoing institutional fund inflows. There is resilience below this level, but no obvious momentum above it, and the overall situation is a narrow-range consolidation.
What’s worth noting is the DeFi side, where cross-chain protocol upgrades have boosted enthusiasm. Especially in the Solana ecosystem, NFT trading volume has surged by 40% in a single day, indicating that on-chain activity is indeed picking up. In contrast, the Ethereum sector appears somewhat subdued.
Tonight, the US CPI data will be released, and the market is now waiting for this key figure. The volatility index has already fallen to a three-month low, showing that investors are clearly cautious and hesitant to make early bets. In the short term, this wait-and-see sentiment may continue.