📊 Cryptocurrency Market · Today’s Observation (January 8)

I. Market Structure

BTC: Entering a correction phase

Altcoins: Generally retreating, risk appetite declining

US Stocks: Maintaining volatility, no clear direction given

Macro Supplement

The People's Bank of China continues to increase gold holdings

Current gold reserves account for about 9.5%

International mainstream central banks’ reference range is about 15%
➡️ Medium to long-term still reflects a preference for safe-haven assets

II. Market Hotspot Tracking

1️⃣ Binance Launchpad｜Chinese Meme: Life (RenSheng)

Binance’s first Chinese Meme

Market expectations align with early Giggle sentiment trajectory

Pattern observation:

When SOL / other public chains are active

Binance often adopts a defensive token listing strategy

⚠️ If the feedback on this listing is poor

The probability of listing a second Chinese Meme in the short term is low

2️⃣ Binance Launchpad｜ZKP (zkPass)

Project positioning: Privacy-oriented oracle

Circulating market cap: about $30 million (relatively small)

Background:

Invested by Binance Labs

VC cost approximately 0.08

Current features:

High shorting fee rate

Intense long-short game, short-term volatility risk is high

3️⃣ SOL Chain Meme｜WhiteWhale

Market cap surpassing $100 million

Obvious strong whale-controlled structure

Already listed on Bybit

Becomes one of the current sentiment benchmarks among SOL Meme projects

III. In summary

The current market is in a phase of declining risk appetite + accelerated thematic rotation,
The focus is not on “chasing hot topics,” but on recognizing the rhythm and capital defense logic.