Tron founder Justin Sun has praised his company’s strategy of accumulating TRX as a core treasury asset. The comment comes as TRX shows resilience compared to the broader crypto market amid the ongoing downturn.   On February 5, Tron Inc. acquired 175,507 TRX tokens at an average price of $0.28. The purchase brings the company’s total TRX holdings to more than 679.9 million tokens, worth around $540 million at current market prices. Tron aims to continue expanding its digital asset treasury (DAT) to s ...

Core Viewpoint - Shopify Inc (NASDAQ:SHOP) stock experienced a pullback in January, reaching a nearly six-month low, but has recently shown signs of a potential short-term rebound with shares up 1.8% to $133.59 [1] Group 1: Stock Performance and Indicators - The stock is currently within 0.75 of its 260-day moving average, with shares remaining above this level 80% of the time over the past two weeks and 80% of the last 42 trading sessions [2] - Historical data indicates that similar conditions have led to a 100% success rate of the stock being higher one month later, with an average gain of 12.1%, suggesting a potential target price of $149.75 [2] - The 14-day relative strength index (RSI) for Shopify is at 16.4, indicating it is in "oversold" territory, which often precedes a short-term bounce [4]

Apple (AAPL) will release its first-quarter fiscal 2026 financial results on Thursday, Jan. 29. Shares of the iPhone maker have retreated from recent highs heading into the earnings report, largely reflecting investor unease about profitability. Apple’s underlying business momentum appears strong. Management has guided for a record quarter, supported by robust performance across both hardware and services. iPhone sales are expected to be a key driver, with revenue projected to remain solid. The primary ov ...

Core Viewpoint - Mosaic Co (NYSE:MOS) has seen an 18% increase in stock price since the beginning of the year, but may face a short-term pullback due to a historically bearish trendline [1] Group 1: Stock Performance and Trends - The stock is currently within 0.75 of the 126-day moving average's 20-day average true range (ATR), having remained below this level 80% of the time over the past two weeks and 80% of the last 42 trading sessions [2] - Historical data shows that similar signals have occurred 17 times in the past decade, with the stock declining one month later 76% of the time, averaging a 5.7% loss [2] - A potential decline from the current price of $28.47 could bring the stock down to approximately $26.84 [2] Group 2: Technical Indicators - The 14-day Relative Strength Index (RSI) for Mosaic stock is at 75.1, indicating it is in "overbought" territory [4] - Options for the stock appear affordable, with a Schaeffer's Volatility Index (SVI) of 39% ranking in the 23rd percentile of its annual range [4] - The Schaeffer's Volatility Scorecard (SVS) for MOS is high at 91 out of 100, suggesting that the stock has exceeded option traders' volatility expectations over the past year [4]

For traders who study charts, there’s one “golden” pattern they love to see—and Bitcoin just flashed it, suggesting a recovery could be on the way. The rest of the crypto market, though, didn't get the memo. Over 95% of the top 100 cryptocurrencies by market cap have posted losses in the past 24 hours, and the total crypto market has slipped to $3.23 trillion. Even Bitcoin today is down roughly 1.3%, despite the bullish “golden cross” formation being painted on the charts. Traditional markets, meanwhil ...

Market Overview - The crypto market is experiencing a positive sentiment with Bitcoin (BTC) reaching $93,350, its highest level since December 11, before retracting some gains [1] - The significant price movement occurred at midnight UTC coinciding with the opening of Bitcoin futures trading on the CME exchange, creating a price gap between $90,500 and $91,550, which is expected to be filled in the coming days [1] Trading Focus - Traders are primarily concentrating on Bitcoin, which has increased by 1.33% since midnight, while altcoins such as CoinDesk Meme (CDMEME) and Metaverse (MTVS) indexes have declined by 6.4% and 2.3% respectively [2] - The rise in equities and precious metals indicates a risk-on sentiment following recent U.S. actions in Venezuela [2] Derivatives Positioning - In the last 24 hours, exchanges have liquidated leveraged crypto futures bets worth $260 million, predominantly from short positions, indicating a bearish leverage that was caught off guard by the price increase [5] - Open interest (OI) in Bitcoin (BTC), Bitcoin Cash (BCH), XRP, and BNB has risen between 2% to 5%, while OI for ETH, SOL, DOGE, and ZEC has remained flat to negative, suggesting improved risk appetite for select coins [5] - BTC's annualized perpetual funding rates have exceeded 10%, reflecting growing demand for bullish exposure, while rates for several altcoins remain below zero [5] Token Performance - Despite the focus on Bitcoin, some tokens have outperformed the broader market, including LIT, which has risen by 3.9%, and FET, which has increased by 7.4% since midnight [5] - However, some tokens like Zcash (ZEC) have declined by 2.5%, and memecoins such as DOGE and PEPE have lost 1.4% and 4.5% respectively, indicating a fractured performance across the altcoin market [5] - The average crypto relative strength index (RSI) is at 58/100, entering "overbought" territory, suggesting a potential short-term price drop as profit-taking may occur [5]

Core Insights - MYX Finance experienced a significant price surge of nearly 87% within 24 hours, driven by anticipation surrounding the upcoming MYX Finance V2 upgrade [1][8] - The rally appears to be supported by genuine demand, as indicated by the On-Balance Volume (OBV) which showed a sharp increase alongside the price, reflecting sustained accumulation prior to the breakout [2][4] Price Movement - The price of MYX reached approximately $6.12, briefly surpassing the $7.00 mark, a level not seen in about three months, indicating renewed market interest [8] - The breakout from an ascending channel pattern that had persisted for over two months suggests a significant shift in market dynamics for MYX [8] Market Sentiment and Indicators - The alignment between MYX price and OBV signals a healthier rally, with capital inflows supporting the price movement rather than leading to abrupt reversals [3] - Despite the Relative Strength Index (RSI) indicating overbought conditions (above 70.0), historical data shows that MYX has previously sustained strong rallies even while overbought, suggesting that current momentum may continue [5][6][7] Volume and Engagement - Sustained volume expansion indicates a lower likelihood of immediate exhaustion, with buyers showing willingness to transact at higher price levels, reinforcing confidence in MYX Finance's growth narrative [4] - The gradual buildup of demand reflects increasing conviction among buyers, which is crucial for the continuation of the rally [2]

February Comex gold (GCG26) futures Friday hit another record high of $4,584.00 an ounce. March Comex silver (SIH26) prices today hit a new record high of $82.67 an ounce. The price moves in silver over the past few sessions are stunning. Friday’s daily price gains in silver (up over $7.00 on the day) are more than what the price of the silver market traded at in the mid-1980s, when I started covering the metals. Following are some observations from this 40-plus years participating in the metals market. w ...

Core Insights - The precious metals sector has shown strong performance in 2025, significantly outperforming mainstream risk assets, with silver being the standout performer [1] - Silver demand remains robust, particularly in the rapidly expanding photovoltaic industry, medical applications, and modern electronics, bolstered by the recent AI-driven market surge [1] - As of the end of December, spot silver has seen a nearly 150% increase year-to-date, leading the asset performance rankings for 2025 [1] Price Movement Analysis - Silver prices broke through key resistance levels in August, marking a pivotal point for bullish momentum, with momentum indicators reaching levels not seen since 2011 [3][5] - The relative strength index (RSI) for silver entered the overbought territory in August, coinciding with a breakout above significant resistance levels, leading to an eight-week rally [5][6] - The price trajectory for silver throughout 2025 has been characterized by a strong upward trend, with key technical resistance levels identified between $34.86 and $35.58 per ounce [3][6] Technical Indicators - The RSI's entry into the overbought zone often signals the onset of the fastest and most vigorous phases of a price rally, which is a hallmark of a healthy bull market [6] - The RSI can remain in the overbought territory for extended periods, indicating that the current bullish momentum may persist despite high price levels [6] - Historical data shows that silver's RSI has consistently remained above 40 since October 2022, reflecting a sustained positive momentum [6] Future Outlook - The current bullish trend in silver is expected to continue, driven by ongoing demand from the electronic sector, particularly influenced by the AI boom [8] - However, there are potential short-term pressures on silver prices as they approach resistance around $65.88 per ounce, where a price correction may occur [8] - Key resistance targets for future price movements include $73.43 per ounce and $88 per ounce, based on historical price extensions [8]

Group 1 - Ollie's Bargain Outlet Holdings Inc shares increased by 2% to $110.11 following an upgrade from Loop Capital to "buy" and a price target increase to $135 from $130, citing underestimated sales potential and strategic advantages for the discount retailer [1] - The stock has been on a downward trend since mid-September, recently falling below its 200-day moving average and experiencing five consecutive weeks of negative performance, currently hovering around breakeven for 2025 [2] - Short interest represents 7.5% of the stock's available float, indicating over four days' worth of pent-up buying power, which could lead to a potential lift in shares, alongside an oversold relative strength index (RSI) of 25 suggesting a short-term bounce [3] Group 2 - The options market for Ollie's Bargain Outlet is showing reasonably priced premiums, with a Schaeffer's Volatility Index (SVI) of 32% ranking in the low 6th percentile of its annual range, indicating low volatility expectations among options traders [4]