Weekly market recap (from Jan. 11th to Jan. 18th)

BTC

BTC(1D)

ETH

BTC(1D)

SOL

SOL(1D)

Addition

In the first half of Jan, the market experienced processes of policy crash and recovery. As we mentioned in the TA, ETH and SOL were significantly weaker than BTC in the first seven days of Jan, but as shown in the rebound, they performed better. This phenomenon reflects the market’s recovery after the overreaction of the hike. It can also be proved by the market reaction when the US CPI is announced on Jan.12. Worse inflation indicator has not brought panic again. Both BTC&Gold remain the rising trend when the indicator was released.

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Sypool Protocol

Sypool Protocol

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Sypool is a synthetic asset management protocol.This is another innovation that we have migrated finance from off-chain to on-chain.