Group 1 - The digital asset market experienced significant volatility as the first complete trading week of 2026 began, with Bitcoin dropping approximately 3% to around $92,500, erasing some recent gains and triggering about $680 million in liquidations, predominantly from long positions totaling $600 million [1][4][5] - The current upward momentum in Bitcoin is viewed as fragile, primarily driven by short squeezes rather than healthy inflows of spot capital, with on-chain data indicating a slowdown in selling by long-term holders [1][4][5] - The altcoin market, including assets like SOL and SUI, saw declines ranging from 6.7% to 10%, reinforcing the notion that leveraged-driven rallies are often unsustainable without substantial improvements in spot demand [5] Group 2 - A subtle shift in capital flows is occurring, with risk assets being sold off while safe-haven assets like gold are being favored, as international gold prices surged to $4,600 due to macroeconomic headlines such as tariff policies [2][5] - The current market consolidation is perceived as a continuation of a bear market rebound rather than a confirmation of a reversal, with Bitcoin remaining highly sensitive to liquidity until it can effectively break through the critical resistance level of $101,000 [2][5] - Investors are advised to monitor whether spot buying can stabilize around the support level of $90,000 to mitigate potential market volatility caused by high leverage [2][5]