Optimism priceOP

$OP - Mcap 570.39M$ - 83%/ 42.8K votes Bullish SC02 H1 - pending Short order. Entry lies within HVN + meets positive simplification with a Short order that had profit previously, estimated stop-loss around 2.79%. The downtrend is in the 132nd cycle, amplitude -13.66%. #TradingSetup #CryptoInsights

Daily Crypto Industry Update for bitget Streamers! 01.27 1️⃣ Macro: Yen stabilizes, panic cools, risk assets bounce USD/JPY stabilized around 153, easing the FX-driven panic from earlier in the week. At the same time, U.S. durable goods orders jumped 5.3% MoM (biggest rise in ~6 months), confirming resilient economic momentum. U.S. equities responded with a broad rebound as all three major indices closed higher. Commodities stayed hot: gold briefly broke above $5,000/oz, silver spiked up to +14% intraday, and copper rallied for a second day toward record levels, before some gains were given back as sentiment normalized. 2️⃣ BTC & sentiment: Range-bound rebound, still in “Fear” Bitcoin traded almost tick-for-tick with U.S. index futures, bouncing back above $88,000 but still stuck inside a choppy range rather than starting a new trend. BTC dominance was steady, and alts were flat to slightly positive, with no obvious “beta rotation” yet. The Fear & Greed Index recovered from 20 → 29 (Extreme Fear → Fear), showing stress is easing but the market is still defensive. A key overhang: the U.S. Senate Agriculture Committee pushed its crypto market structure hearing to Jan 29 (weather delay), effectively extending the “wait-and-see” consolidation window for crypto. 3️⃣ Sectors & tokens to watch Hot list: WHITEWHALE, RIVER, AXS RIVER: On-chain data shows a single entity controlling ~2,418 addresses and a highly concentrated holder base. Average funding again tagged around -1.8%, hinting at deliberate squeeze/liquidation games rather than purely organic price discovery. High-risk, high-gamma name for traders, but worth flagging manipulation risk if you mention it on stream. HYPER (Hyperliquid): HIP-3 open interest climbed to ~$790M, a new ATH, making it an important reference when discussing perps/liquidity concentration in the perp ecosystem. Gold proxies: With spot pushing through $5k intraday, tokenized gold pairs (XAUT/PAXG) remain a clean way to talk about “flight to safety on-chain” for viewers. 4️⃣ Builders, DeFi flows & institutional positioning Bitwise x Morpho: Bitwise launched its first on-chain vault strategy via Morpho, another datapoint in the “TradFi yield strategies moving fully on-chain” narrative. Good angle for explaining structured DeFi products to more advanced viewers. Strategy (BTC) & BitMine (ETH): Strategy spent ~$264.1M last week to buy 2,932 BTC at an average of ~$90,061, signaling continued high-conviction dip-buying by large players. BitMine added ~40,300 ETH, bringing total holdings above 4.24M ETH, with staked ETH now >2M. This reinforces the “institutional ETH is sticky & yield-focused” story even during volatility. Korea: Coinone, Korea’s third-largest exchange, is exploring a partial equity sale, another sign that regional exchange competition + upcoming regulation are reshaping market structure. 5️⃣ This week’s focus for streams: Jan 27: SEC–CFTC joint event; prep for Thursday’s crypto bill hearing (29th). Jan 28: FOMC meeting + Powell presser, Google delisting unregistered overseas crypto apps from the Korean store, OP buyback vote deadline, SIGN & JUP unlocks. Jan 29–31: Core PCE, PPI, mega-cap tech earnings (MSFT, TSLA, META, AAPL), Truther USDT Visa card (El Salvador), Pendle sPENDLE snapshot, Coinbase exits local Argentina, and renewed U.S. shutdown risk at month-end — all of which can feed into volatility and talking points for your next bitget Live session $BTC $ETH $XRP

UPDATE: Token unlocks are set to release $142.98M worth of supply this week, with $SUI leading by a wide margin. Sui alone accounts for $80.38M in unlocked tokens, making it the most significant event to watch. While the unlock represents a relatively small percentage of SUI’s total supply, the dollar value is large enough to influence short-term price action, especially if sell pressure increases. Other notable unlocks this week include EIGEN, KITE, UDS, OP, TREE, and SIGN, each releasing smaller amounts but still meaningful relative to their market caps. Tokens like TREE and SIGN stand out because the unlocked amounts represent a higher percentage of their circulating supply, which can amplify volatility. Overall, this week’s unlocks are more concentrated than usual, with SUI dominating the headline figure. Traders will likely be watching liquidity, volume, and holder behavior closely as these tokens enter circulation.

$OP is moving clean inside an ascending channel on the 4H chart. Price just tapped the lower channel near 0.30, a zone where buyers have defended structure before. As long as this level holds, momentum stays bullish and a push toward mid channel strength, then upper resistance around 0.34 to 0.36, stays on the table. This is the moment where structure matters. Hold the channel, and continuation plays out. Lose it, and the bullish idea breaks fast. Pressure is building. I’m watching this closely. 🔥