MARKET SUMMARY
Latest Situation in Crypto Assets
| Assets | Last Price | 24h Change | Dominance | Market Cap. |
|---|---|---|---|---|
| BTC | 94,245.31 | 0.23% | 56.83% | 1,87 T |
| ETH | 3,275.13 | -1.13% | 12.02% | 394,89 B |
| XRP | 2.300 | -1.37% | 4.02% | 132,22 B |
| SOLANA | 191.12 | -1.23% | 2.81% | 92,37 B |
| DOGE | 0.3328 | -1.34% | 1.50% | 49,15 B |
| CARDANO | 0.9455 | 1.69% | 1.01% | 33,24 B |
| TRX | 0.2417 | -1.86% | 0.63% | 20,83 B |
| AVAX | 37.29 | 1.24% | 0.47% | 15,34 B |
| LINK | 20.14 | 0.30% | 0.39% | 12,86 B |
| SHIB | 0.00002151 | 1.53% | 0.39% | 12,68 B |
| DOT | 6.678 | -0.22% | 0.31% | 10,27 B |
*Prepared on 1.10.2025 at 07:00 (UTC)
WHAT’S LEFT BEHIND
Fed Member Bowman Supports December Rate Cut
Federal Reserve Member Michelle Bowman said she supports the Fed’s rate cut last month and sees it as the “final step” in the monetary policy adjustment. In a prepared speech for the California Bankers Association, Bowman emphasized the need to be cautious about rising inflation risks, saying, “We must avoid prejudicing future policies of the new administration.”
Cynthia Lummis Prepares to Lead the Digital Assets Subcommittee
The US Senate Banking Committee plans to appoint crypto-friendly Senator Cynthia Lummis to chair the Digital Assets Subcommittee. According to The Block, a vote is still needed to select the subcommittee’s leaders. Lummis is expected to support policies representing the crypto sector.
Heavy Interest from Crypto Companies Ahead of Trump’s Inauguration
Two weeks before Trump’s inauguration, many CEOs from the crypto sector are racing to establish close ties with the new administration, according to Bloomberg. Executives who want to be included in a planned cryptocurrency advisory committee aim to influence Trump’s digital asset policy. It is stated that about two dozen CEOs and founders may take part in this committee.
Cynthia Lummis Prepares to Lead the Senate Digital Assets Subcommittee
The US Senate Banking Committee plans to appoint crypto-friendly Senator Cynthia Lummis as the leader of the newly created Digital Assets Subcommittee. Lummis will lead the subcommittee’s task of creating regulatory frameworks on digital assets. This step shows that the Senate will focus more on digital assets and is an attempt to fulfill the promises made by the new administration in this area.
Google Donates $1 Million to Trump Inauguration Fund
Google donated $1 million to Trump’s inauguration fund. Karan Bhatia, Google’s head of public policy, announced that the inauguration will be livestreamed on YouTube and a link will be shared on the homepage, CNBC reported. It was also reported that OpenAI CEO Sam Altman, Meta, Amazon and Apple CEO Tim Cook made similar donations.
Circle Donates $1 Million USDC to Trump Presidential Inaugural Committee
Circle donated $1 million in USDC to President Trump’s inaugural committee, according to a tweet from Circle CEO Jeremy Allaire.
Grok iOS Version Launches on App
The iOS app for Grok, the artificial intelligence model developed by Elon Musk’s xAI company, is now available on the Apple App . The app is currently available for download for users in the US and the Philippines. The official announcement of the launch has not yet been made.
Standard Chartered Bank Obtains Luxembourg License
Standard Chartered Bank announced that it has received a license to offer digital asset custody services in Luxembourg. The company stated that Luxembourg’s balanced regulatory environment is in line with the needs of the EU market. The bank, which previously launched similar services in the United Arab Emirates, aims to reach EU customers with this license.
VanEck Executive: Block Could Be the First Company in the S&P 500 to Hold Bitcoin
Matthew Sigel, head of digital asset research at VanEck, said Block is expected to be the first company to be included in the S&P 500 index and hold Bitcoin. Sigel stated that the six criteria for inclusion in the index were met by Block.
HIGHLIGHTS OF THE DAY
Important Economic Calender Data
Time News Previous
Bitget Token (BGB) 5.38MM Token Unlock
13:30 US Average Hourly Earnings (MoM) (Dec) 0.3% 0.4%
13:30 US Nonfarm Payrolls (Dec) 164K 227K
13:30 US Unemployment Rate (Dec) 4.2% 4.2%
15:00 US Michigan Consumer Sentiment (Jan) 74.0 74.0
INFORMATION
*The calendar is based on UTC (Coordinated Universal Time) time zone.
The economic calendar content on the relevant page is obtained from reliable news and data providers. The news in the economic calendar content, the date and time of the announcement of the news, possible changes in the previous, expectations and announced figures are made by the data provider institutions. Darkex cannot be held responsible for possible changes that may arise from similar situations.
MARKET COMPASS
Ahead of the highly anticipated US employment data, Asian stock markets and Wall Street futures have a generally negative outlook. While the People’s Bank of China (PBOC) announced that it will suspend bond purchases, it is rumored that the Bank of Japan (BoJ) may raise interest rates at its January meeting.
Beyond this agenda in Asia-Pacific, investors will primarily be watching critical employment data, where they will hope to get clues for the next steps of the US Federal Reserve (FED). Risks related to Trump’s tariffs and expectations of the Fed’s rate cut path have pushed bond yields higher, leading to gains in the dollar. We watched that this also put pressure on digital assets. US 10-year yields, which showed some signs of stabilization yesterday, seem to be on the rise again and seem to be putting pressure on stock market indices. However, after their recent losses, digital assets found the opportunity to hold on to important support levels to recover. Today’s US data should be watched closely as it could be decisive for direction.
Please click here to review the assessments we made in our weekly strategy report on the subject.
From the short term to the big picture.
The victory of former President Trump on November 5, which was one of the main pillars of our bullish expectation for the long-term outlook in digital assets, produced a result in line with our predictions. Afterwards, the appointments made by the president-elect and the increasing regulatory expectations for the crypto ecosystem in the US and the emergence of BTC as a reserve continued to take place in our equation as positive variables. Although it is expected to continue at a slower pace, the preservation of expectations that the FED will continue its interest rate cut cycle and the volume in crypto asset-based ETFs indicating an increase in institutional investor interest support our upward forecast for the big picture for now. In the short term, given the nature of the market and pricing behavior, we think it would not be surprising to see occasional pauses or pullbacks in digital assets. However, at this point, it is worth emphasizing again that we think the fundamental dynamics continue to be bullish.
TECHNICAL ANALYSIS
BTC/USDT
As US President Donald Trump’s inauguration approaches, cryptocurrency executives are in a fierce race to shape digital asset policies through a planned advisory committee. Cynthia Lummis, who is expected to lead the committee, is evaluating potential memberships with names such as Trump and his team, artificial intelligence and crypto expert David Sacks. Leading US-based crypto companies have pledged to donate to this committee, while tech giants such as Circle, Google, OpenAI CEO Sam Altman, Meta, Amazon and Apple CEO Tim Cook have donated millions of dollars to this committee fund.
When we look at the technical outlook with the latest developments, volatility increased in BTC, while the price, which fell to 91,200, once again turned its direction upwards with support from this region. Breaking the downtrend structure with closures above the 92,800 level, the price is currently trading at 94,000. When we look at the technical oscillators, while giving a buy signal, the momentum indicator is recovering its strength by confirming this. In the continuation of the rise, closures above the 95,000 level, which is major resistance, will be followed, and short transactions at 96,000 and 98,000 levels accumulated in the liquidation heat map can be targeted. In a possible new wave of selling, 92,800 can be seen as the threshold point above the red zone. Eyes will be on the US markets, which were closed yesterday due to the national day, and the non-farm payrolls data to be announced may create volatility in traditional markets.
Supports 91,700 – 90,000 – 88,500
Resistances 92,800 – 95,000 – 97,200
ETH/USDT
ETH, which started with the loss of the 3,293 level yesterday evening, is trying to rise above the 3,293 level again, showing a limited recovery after retreating to 3,131 support.
When technical indicators are analyzed in this process, the regain of the tenkan level in the Ichimoku indicator can be considered as a positive signal. However, the Relative Strength Index (RSI) indicator has turned upwards, breaking out of the oversold zone. Although this movement seems to be a short-term recovery signal for the price, the negative divergence observed in the RSI draws attention. In order to eliminate the negative divergence and make the rise sustainable, it is critical for the price to exceed the 3,330 level. On the other hand, the Chaikin Money Flow (CMF) indicator has remained flat in the negative territory, indicating that the market has yet to generate strong demand from buyers. This indicates that the current bullish efforts are limited by weak buying appetite and the pressure on the price continues.
If the price exceeds the 3,293-3,330 band, it may be possible to say that the recovery process has begun. However, the loss of the 3,131 level may bring up a scenario where the price may experience deeper declines.
Supports 3,131 – 3,033 – 2,901
Resistances 3,293 – 3,382 – 3,510
XRP/USDT
XRP recovered quickly after yesterday’s decline and regained support at 2.25 and is currently holding at 2.30.
Looking at the technical indicators, the positive divergence in the Relative Strength Index (RSI) indicator worked effectively, causing the RSI to rise along with the price. This synchronized movement paints a positive picture for the price and indicates that buyers are starting to show interest in the market again. Looking at the Ichimoku indicator, it seems that the moves under the kumo cloud during yesterday’s decline remained just a pinprick. This suggests that the downside pressure is limited. Moreover, the tenkan and kijun lines are in close proximity, supporting a mildly positive outlook. This structure provides a technical backdrop for the price to initiate an upside move. The Chaikin Money Flow (CMF) indicator is rising towards the zero line, indicating that money inflows have started and buyers’ interest has increased. This is another positive signal that the current recovery may continue.
To summarize, XRP is likely to continue its upward movements if it does not lose the 2.25 support level. However, a break below the 2.25 level could eliminate the positive outlook and expose the price to steeper declines. Therefore, the 2.25 level should be carefully monitored as a critical support point in the short term.
Supports 2.2525 – 2.1800 – 2.0201
Resistances 2.3236 – 2.4702 – 2.6180
SOL/USDT
Jason Li, co-founder of Solayer Labs, joined the Cryptonews Spotlight podcast to discuss the company’s innovative solutions for restructuring, Solana’s scalability, tokenized real-world assets (RWAs), and pushing the boundaries of blockchain hardware. On the other hand, Sol Strategies CEO said that Canada is more likely to approve the Solana ETF before the US due to legal challenges.
Solana price has broken below the support levels and is unable to recover the lost levels. Increased selling pressure may drag the asset down in the coming days. On the 4-hour timeframe, the 50 EMA (Blue Line) broke the 200 EMA (Black Line) to the downside. This may increase the pullback. The November 23 downtrend support is now acting as resistance. On the other hand, it has also broken the bearish crossover that has been in place since January 6. This could be a bullish start. When we examine the Chaikin Money Flow (CMF)20 indicator, it is in the negative zone, but money inflows have started to increase. However, the Relative Strength Index (RSI)14 indicator reached the oversold level. The 222.61 level appears as a very strong resistance level in the rises due to today’s non-farm employment data and the news in the Solana ecosystem. If it breaks here, the rise may continue. In case of retracements for the opposite reasons or due to profit sales, the 181.75 support level may be triggered. If the price reaches these support levels, a potential bullish opportunity may arise if momentum increases.
Supports 189.54 – 181.75 – 163.80
Resistances 200.00 – 209.93 – 222.61
DOGE/USDT
Dogecoin (DOGE) whales have greatly increased their transactions. According to IntoTheBlock data, more than 60 billion DOGE transactions have taken place as whales actively participate in trading.
Looking at the chart, the asset moved horizontally, breaking the downtrend that has been going on since January 7. On the 4-hour timeframe, the 50 EMA (Blue Line) is below the 200 EMA (Black Line). This could be a bearish signal. The Chaikin Money Flow (CMF)20 indicator is in negative territory and money inflows and outflows seem to have stabilized. However, the Relative Strength Index (RSI)14 is in the oversold zone. The price continues to be below both the 50 EMA and the 200 EMA. This may increase the selling pressure. The 0.42456 level is a very strong resistance point in case of a rise due to political reasons or today’s non-farm payrolls and the innovations in the DOGE coin. In case of possible pullbacks due to macroeconomic reasons or negativities in the ecosystem, the 0.28164 level, which is the base level of the trend, is an important support. If the price reaches these support levels, a potential bullish opportunity may arise if momentum increases.
Supports 0.28164 – 0.25025 – 0.21154
Resistances 0.33668 – 0.36600 – 0.42456
LEGAL NOTICE
The investment information, comments and recommendations contained herein do not constitute investment advice. Investment advisory services are provided individually by authorized institutions taking into account the risk and return preferences of individuals. The comments and recommendations contained herein are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.
