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BlockBeats News, January 30, trader Eugene Ng Ah Sio posted on his personal channel, stating, "This morning, I have redeployed a reasonably sized position. The market's recent consecutive blows seem to have washed out even the most steadfast bulls, and there is a clear sense of frustration and capitulation in sentiment (with many also calling for even lower prices). In my view, the risk-reward ratio for going long here is quite attractive, and the stop-loss level is also very clear, set below $80,000. I don't believe that crypto assets will underperform all risk assets in the long run; most likely, we are now at the tail end of this relatively weak phase. It's time to fire again."

According to CoinWorld, affected by the overall downturn in the cryptocurrency market, the stock price of a certain exchange fell by 8% on Thursday, bitcoin price dropped below $85,000, and spot trading volume also declined. Analysts pointed out that as large institutions such as JPMorgan and Fidelity plan to launch their own stablecoins, market competition is becoming increasingly fierce. Despite the decline in stock price, Wall Street's general rating for CRCL remains "Buy," with a 12-month average target price of $135-138, indicating a potential upside of more than 85%.

CoinWorld reported: According to CoinWorld, the DePIN sector has shifted from relying on subsidies to being driven by real income, with a market capitalization reaching $10 billion. Leading projects are trading at 10 to 25 times revenue valuations, and their revenue growth has shown greater resilience than DeFi and public chains during the bear market.