Delta 32

Recently, there have been macro views mentioning that the global landscape is entering a new adjustment phase.
Trade frictions, technological competition, and capital flow reconfiguration will all become long-term variables.
For the market, the biggest keywords are actually only two:
Uncertainty and Differentiation
In this environment, the logic of asset allocation is also changing:
1. The discussion of decentralized assets is increasing
2. The global liquidity cycle is becoming more critical
3. Risk management is more important than forecasting
The reason why crypto assets are repeatedly discussed lies in:
They are globally liquid
They do not rely on a single national system
They have high volatility but also high elasticity characteristics
In the phase of structural change,
Instead of guessing the direction, it is better to improve cognitive and position management abilities.
Cycles always exist,
Opportunities always exist.

Bingwu Red Horse, good fortune is upon you.
May you ride your dreams and not waste your youth;
Success arrives swiftly, and all goes well!🧨

Happy New Year! I've arranged a little red envelope for everyone. For those who haven't filled in the Binance wallet invitation code, using my invitation code gives you a minimum rebate of 30% and a maximum rebate of 80%. Even if you only trade once, you will still receive an automatic rebate, even if it's just a small amount. This is set by the program. Thank you all for your support. Binance wallet invitation code: WC123

Continue to hedge, during the volatile market in the evening, there's no need to watch the market closely. Isn't it nice to sleep well during the New Year? I have a good grasp on this part of the position, let's see how I handle the liquidation when I wake up tomorrow.

Chinese New Year.
Many speak of luck.
In the markets, luck lasts little.
What remains is character.
May this Year of the Horse not find you running without direction,
but advancing with intention.
Good start for everyone 🐎

Key Updates
- Sanctions Allegations Disputed
Binance has formally challenged a Fortune investigation that claimed the exchange breached Iranian sanctions and wrongfully terminated compliance staff. After an internal review, Binance stated it found no evidence of sanctions violations and emphasized its expanded compliance infrastructure since 2023.

- Co-CEO Richard Teng’s Market Outlook
At Consensus Hong Kong 2026, Richard Teng highlighted that “smart money is deploying” despite recent crypto market volatility. He stressed institutional confidence in digital assets, noting that while $2 trillion in value has been erased since October 2025, the downturn is part of crypto’s cyclical nature.

- $1 Billion Iran-Linked Transaction Claims
Former CEO Changpeng Zhao (CZ) denied reports that over $1 billion in crypto flowed to Iran-linked entities. He stated all trades were processed through third-party AML (anti-money laundering) systems, rejecting allegations of compliance failures.

- Liquidity Stress Test Passed
Binance recently addressed rumors of a “bank run” attempt. CZ and Yi He confirmed that Binance passed a liquidity stress test and maintains 1:1 backing of user assets.

- Platform Updates
Binance continues to roll out new coin listings, trading pairs, fiat integrations, and community events. For example, a WLFI token distribution campaign is scheduled for February 20, 2026.

Brothers, recently in the cryptocurrency market, to be honest: it's not bad, but it's definitely not easy❗❗❗
Overall, the market is still in a stage of high-level fluctuations + structural differentiation. BTC, as a barometer, has not shown a clear trend, more like being pulled back and forth within a range, lacking sustained volume upwards, while there is continuous support from funds downwards, a typical bull-bear game period. 📊
ETH's performance is relatively weaker, lacking new stimuli in on-chain narratives, with funds more inclined to wait and see, resulting in a trend that clearly follows the broader market rather than leading it. This has also caused the overall market sentiment to be cautious, with everyone preferring to wait for "certainty" rather than betting early.
On the altcoin side, differentiation is very serious. Projects with narratives, funds, and consensus can still remain active, while most coins without fundamental support basically experience rebounds and then fade away, with no one to take over. Pumping is no longer reliant on emotions, but more on real money. 💰
From a trading perspective, there have been quite a few liquidations recently, indicating that many people are still accustomed to heavy positions and leveraging to bet on direction. However, the current market resembles a stage of cultivating patience and rhythm, rather than an environment for an all-in bet.
🧠 In summary:
The current cryptocurrency market lacks opportunities, but what it lacks is respect for rhythm. The market hasn't gone bad, but it's far from a stage for blind buying. Whether you can survive often depends on whether you are willing to go a bit slower and steadier.
#加密市场观察 #比特币2026年价格预测