Market Drivers

The current rally is mainly driven by the following factors:
Macro positive factors: The US December CPI data met expectations, with overall CPI up 2.7% year-on-year and core CPI up 2.6% year-on-year. Market expectations for Fed rate cuts have increased, and liquidity outlook has improved.
Regulatory certainty: The US Senate released a draft of the "Digital Asset Market Clarity Act," which began review on January 15. A White House advisor stated that there is an 82% chance of it passing by the end of the year, and the clear regulatory framework has boosted institutional confidence.
Capital inflows: MicroStrategy increased its Bitcoin holdings by over 13,000 BTC last week. Several companies have increased their Ethereum staking, Bitcoin whales continue to accumulate near $90,000, and circulating supply tightens, supporting prices. #我的2026第一条帖