火星财经消息，1 月 27 日，渣打银行分析师 Geoffrey Kendrick 建议在比特币下跌时买入，因为该加密货币正面临与纳斯达克日益增长的相关性压力。 「比特币与纳斯达克的相关性仍然非常强，比起与黄金的相关性要高得多，」渣打银行外汇和数字资产研究负责人 Kendrick 表示。Kendrick 指出，纳斯达克期货下跌了 3%，受到与 DeepSeek 相关的新闻影响，这触发了加密货币的重大隔夜清算，进一步强化了加密货币和美股科技股板块之间的联系。 Kendrick 表示：「现在的风险是，如果纳斯达克的清算在美国交易时段继续（并且本周三微软、Meta 和特斯拉的财报发布，以及可能令人失望的 FOMC 会议），那么我们可能接近比特币的其他关键水平。」他补充说：「具体来说，自美国大选以来，比特币 ETF 的平均购买水平现在为 96,400 美元。」 Kendrick 还谈到了特朗普政府上周发布的加密货币行政命令，命令要求一个工作组评估国家数字资产储备。他指出，这一宣布给市场带来了不确定性。 Kendrick 表示：「我对这件事的失望有两个方面：1. 『储备』一词听起来更像是没收的资产，而不是购买的资产。2. 行政命令已经发布，任何进一步的澄清或行动都需要经过国会，这可能需要一些时间。」 Kendrick 表示：「失望/困惑阶段以及『希望』阶段已经结束，降低了比特币市场的风险。」他认为，下一阶段将是「买入下跌」。 上周，Kendrick 概述了三个阶段：「希望消失时」、「买入下跌」和「山寨币 alpha」。在第二阶段，他预测机构资金将主导市场，并重申渣打银行对比特币的价格目标为 20 万美元，对以太坊的目标为 1 万美元，预计将在今年年底前实现。（The Block）

<div>火星财经消息，1 月 27 日，渣打银行分析师 Geoffrey Kendrick 建议在比特币下跌时买入，因为该加密货币正面临与纳斯达克日益增长的相关性压力。 「比特币与纳斯达克的相关性仍然非常强，比起与黄金的相关性要高得多，」渣打银行外汇和数字资产研究负责人 Kendrick 表示。Kendrick 指出，纳斯达克期货下跌了 3%，受到与 DeepSeek 相关的新闻影响，这触发了加密货币的重大隔夜清算，进一步强化了加密货币和美股科技股板块之间的联系。 Kendrick 表示：「现在的风险是，如果纳斯达克的清算在美国交易时段继续（并且本周三微软、Meta 和特斯拉的财报发布，以及可能令人失望的 FOMC 会议），那么我们可能接近比特币的其他关键水平。」他补充说：「具体来说，自美国大选以来，比特币 ETF 的平均购买水平现在为 96,400 美元。」 Kendrick 还谈到了特朗普政府上周发布的加密货币行政命令，命令要求一个工作组评估国家数字资产储备。他指出，这一宣布给市场带来了不确定性。 Kendrick 表示：「我对这件事的失望有两个方面：1. 『储备』一词听起来更像是没收的资产，而不是购买的资产。2. 行政命令已经发布，任何进一步的澄清或行动都需要经过国会，这可能需要一些时间。」 Kendrick 表示：「失望/困惑阶段以及『希望』阶段已经结束，降低了比特币市场的风险。」他认为，下一阶段将是「买入下跌」。 上周，Kendrick 概述了三个阶段：「希望消失时」、「买入下跌」和「山寨币 alpha」。在第二阶段，他预测机构资金将主导市场，并重申渣打银行对比特币的价格目标为 20 万美元，对以太坊的目标为 1 万美元，预计将在今年年底前实现。（The Block）</div>

渣打银行分析师：仍预计比特币价格在年底前可能达到20万美元

Here is the English translation:

According to Mars Finance news, on January 27, Standard Chartered Bank analyst Geoffrey Kendrick suggested buying Bitcoin when it dips, as the cryptocurrency is facing increasing correlation pressure with the Nasdaq. "Bitcoin's correlation with the Nasdaq is still very strong, much higher than its correlation with gold," said Kendrick, head of foreign exchange and digital assets research at Standard Chartered Bank. Kendrick pointed out that Nasdaq futures fell 3%, affected by news related to DeepSeek, which triggered a major overnight liquidation of <Altcoins>, further strengthening the link between <Altcoins> and the US tech stock sector. Kendrick said: "The risk now is that if the Nasdaq liquidation continues during US trading hours (and with Microsoft, Meta and Tesla earnings releases this Wednesday, as well as a potentially disappointing FOMC meeting), we may be approaching other key levels for Bitcoin." He added: "Specifically, the average purchase level of Bitcoin ETFs since the US election is now $96,400." Kendrick also discussed the crypto executive order issued by the Trump administration last week, which ordered a working group to assess the national digital asset reserve. He pointed out that this announcement has brought uncertainty to the market. Kendrick said: "I am disappointed in two aspects of this: 1. The term 'reserve' sounds more like confiscated assets than purchased assets. 2. The executive order has been issued, and any further clarification or action will require going through Congress, which may take some time." Kendrick said: "The 'despair/confusion' phase and the 'hope' phase have ended, reducing the risk in the Bitcoin market." He believes the next phase will be "buy the dip". Last week, Kendrick outlined three phases: "when hope disappears", "buy the dip", and "<Altcoin> alpha". In the second phase, he predicted that institutional capital will dominate the market, and reiterated Standard Chartered Bank's price target of $200,000 for Bitcoin and $10,000 for Ethereum, which are expected to be achieved by the end of this year.

<div>According to Mars Finance news, on January 27, Standard Chartered Bank analyst Geoffrey Kendrick suggested buying Bitcoin when it dips, as the cryptocurrency is facing increasing correlation pressure with the Nasdaq. "Bitcoin's correlation with the Nasdaq is still very strong, much higher than its correlation with gold," said Kendrick, head of foreign exchange and digital assets research at Standard Chartered Bank. Kendrick pointed out that Nasdaq futures fell 3%, affected by news related to DeepSeek, triggering a major overnight liquidation of cryptocurrencies, further strengthening the link between cryptocurrencies and the US tech stock sector. Kendrick said: "The risk now is that if the Nasdaq liquidation continues during US trading hours (and with Microsoft, Meta and Tesla earnings reports this Wednesday, as well as potentially disappointing FOMC meeting), we may be approaching other key levels for Bitcoin." He added: "Specifically, since the US election, the average purchase level of Bitcoin ETFs is now $96,400." Kendrick also discussed the crypto executive order issued by the Trump administration last week, which ordered a working group to assess the national digital asset reserve. He pointed out that this announcement has brought uncertainty to the market. Kendrick said: "I am disappointed in two aspects of this: 1. The term 'reserve' sounds more like confiscated assets than purchased assets. 2. The executive order has been issued, and any further clarification or action will require going through Congress, which may take some time." Kendrick said: "The 'despair/confusion' phase and the 'hope' phase have ended, reducing the risk in the Bitcoin market." He believes the next phase will be "buy the dip". Last week, Kendrick outlined three phases: "when hope disappears", "buy the dip", and "Altcoin alpha". In the second phase, he predicted that institutional capital will dominate the market, and reiterated Standard Chartered Bank's price target of $200,000 for Bitcoin and $10,000 for Ethereum, which are expected to be achieved by the end of this year. (The Block)</div>

Standard Chartered Bank analyst: Still expects Bitcoin price to reach $200,000 by the end of the year

BitMEX co-founder Arthur Hayes tweeted a prediction that Bit could experience a significant correction in the short term, with the price potentially dropping from the current level to $70,000 to $75,000, which could trigger a mini-financial crisis. As global central banks resume quantitative easing policies, market liquidity will be re-injected, and Bit is expected to restart its upward trend and soar to $250,000 before the end of the year.

Arthur Hayes: Bitcoin is expected to fall back to $70,000 to $75,000 and rise to $250,000 by the end of the year

Here is the English translation:

- Liquidation of $450 million in the past 24 hours
- Where is the key short-term support level for BTC?
- Analysis: Big money is aggressively accumulating Bitcoin, market polarization intensifies
Bitcoin fluctuated around the $105,000 area on Sunday, but a wave of selling pressure emerged after 2 AM this morning (27th), with the lowest point plummeting to $100,853, a drop of over 4.1% during that period. As of the time of writing, it is temporarily reported at $101,128, with a drop of over 3.3% in the past 24 hours.
[101-128-1-BTC-USDT-Spot-Trad...

Bitcoin fell below 101,000 magnesium, "190,000 people liquidated their positions to 520 million", experts: market differentiation intensified, retail funds are selling

Here is the English translation, with <> content retained as is:

The Mars Finance news reported that on January 27, QCP released its daily market observation, stating that one week after President Trump took office, BTC fell back below $100,000, and other risky assets also fell accordingly. At the same time, news about China's "Deepseek" has been continuously fermented since the weekend. This large language model (LLM) developed in China, with its high cost-effectiveness and breakthrough open-source technology, poses a potential threat to the United States' dominance in the field of artificial intelligence, and may also impact the US stock market. As for BTC, it is not believed that its price will rise significantly before the "Strategic BTC Reserve" plan is confirmed. The evaluation plan for the "National Digital Asset Reserve" proposed by the Trump administration is not sufficient to support the market's bullish sentiment in the short term. From the perspective of risk reversal, only call options from March onwards have the advantage, indicating that the market does not expect much substantial progress before the end of this quarter. However, with the threat of China's "Deepseek" to the US market, the possibility of Trump trying to intervene and play the "hero" cannot be ruled out. The volatility and VIX index remained high this Friday, and the market remained highly cautious before the FOMC meeting on Thursday (January 30). Although the market fluctuated today, regardless of the outcome of the Thursday meeting, BTC should be able to maintain relative resilience and continue to fluctuate within the familiar range.