Patience Pays

DAILY MARKET OVERVIEW

Approaching The Value Zone?

👋 Hey, Crypto Enthusiasts! The dust is settling, but the real selling may not be over. Let's break it down.

Bitcoin bounced from $74.5K back toward $79K, landing right inside the buy zone that traders flagged months ago. The risk/reward is starting to look interesting for the first time this cycle.

Even ETF buyers spotted the opportunity, with over $500M in inflows marking the first green day in a while.

The metals crash tells a bigger story though.

Gold dropped 20% and silver fell 40% in just three candles. Hedge funds have tight risk limits, so when prices broke down, they all got stopped out at the same time. That's a big reason the selloff was so violent.

• The dust in precious metals is going to take a while to settle, and the aftereffects could spill into other risk assets, including crypto.

On top of that, the US dollar is showing renewed strength following the Kevin Warsh Fed chair appointment. That's another headwind for risk assets across the board.

⌛️ So for now, patience is the better play. Unless short term trading is your thing, it pays to wait for things to calm down before making big moves.

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SOCIAL SENTIMENT

Hyperliquid Is Quietly Becoming the Future of Finance

While crypto bleeds, Hyperliquid is up almost 2x in a week. Not because of hype. Because of real volume, real product, and a roadmap that could change how the world trades.

Gold and silver products on Hyperliquid crossed a billion dollars in combined volume. Commodities traders are getting addicted. The platform lets anyone from anywhere deposit and trade anything instantly. That's already happening.

The roadmap is where it gets serious. Outcome trading is coming through HIP-4. Fully collateralized contracts, no leverage, no liquidations. Prediction markets, bounded options, instruments people haven't even imagined yet. After that: spot and perpetual RWAs, crypto and equity options, sports betting, native borrowing and lending on HyperCore.

• Stack all of that together and Hyperliquid isn't just a crypto exchange. It's the deepest liquidity venue for tradeable assets in the world, traditional or crypto.

The founder is the real edge. Jeff Yan left Hudson River Trading, one of the top quant firms on the planet, to build this. Self-funded. No VC money. Already made it in crypto and came back to build something bigger.

Crypto users switch to better products instantly. Binance did it in 2017 with no backing. Hyperliquid is doing it now. Unlike FTX, everything is on chain. Buybacks are happening. Volume keeps growing.

In a bear market where almost nothing works, Hyperliquid is proving its thesis in real time. Pay attention to this one.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Tether Launches Open-Source Bitcoin Mining OS
Tether released MiningOS, an open-source system for managing bitcoin mining operations, expanding its push into mining infrastructure beyond stablecoins.

ING Opens Retail Crypto ETP Access in Germany
ING Deutschland now lets retail clients invest in bitcoin, Ethereum, and Solana ETPs, while warning that crypto assets remain speculative and high risk.

Nansen and OpenDelta Launch Solana-Based L1 Index
Nansen and OpenDelta introduced NX8, a Solana-issued index tracking leading Layer 1 blockchains as onchain infrastructure consolidation accelerates.

Trump Denies Knowledge of $500M UAE Crypto Investment
President Trump said he was unaware of a $500 million UAE-backed investment in World Liberty Financial, adding tension to stalled US crypto legislation.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Benjamin Cowen – Bitcoin: The Beauty of Mathematics (03.02.2026 Summary)

In this video, Benjamin Cowen explains why the investigation involving Federal Reserve Chair Jerome Powell marks a serious shift, not just politically, but for how markets may interpret future monetary policy.

What he’s saying

• A criminal investigation tied to Jerome Powell is unprecedented and signals that political pressure on the Federal Reserve has escalated

• Cowen believes the official renovation explanation is secondary, the real issue is disagreement over interest rate policy

• He argues this challenges the long-standing perception of Fed independence, even if the Fed has always faced political influence

• The administration wants rates lowered faster as unemployment rises, while Powell remains cautious due to inflation risks

• Markets still expect no near-term rate cuts, suggesting investors believe the Fed will resist pressure for now

• Cowen thinks this situation may actually make the Fed less likely to cut rates, as doing so now could appear politically motivated

Takeaway

Cowen’s view is that a clear line has been crossed. Even if rates eventually fall, the growing conflict introduces uncertainty, and markets tend to react poorly when confidence in central bank independence starts to erode.

Paul Barron – Crypto Market Crash Reaching Peak FEAR? (03.02.2026 Summary)

In this video, Paul Barron argues that the crypto market may be approaching peak fear, driven by a mix of political uncertainty, macro stress, and heavy liquidations, while warning that the next few weeks are critical.

Key points

• Crypto has seen one of its sharpest selloffs in years, with around $5 billion in liquidations in just four days, rivaling past panic events.

• A potential US government shutdown is adding pressure, similar to past shutdowns where markets dropped sharply and then moved sideways for weeks.

• The selloff has not been isolated to crypto. Stocks, metals, and risk assets have all fallen in sequence, suggesting a broader risk-off environment.

• Gold and silver have also crashed, wiping out trillions in value, which Barron sees as retail-driven panic spilling across markets.

• Uncertainty around the Federal Reserve’s leadership and future rate cuts is increasing volatility, with markets unsure whether policy will turn more supportive soon.

• Barron highlights warnings from macro voices like Raoul Pal that without more liquidity, markets could stay ugly in the short term.

• Some analysts, including Tom Lee’s team, believe Bitcoin near $77,000 and Ethereum near $2,400 could mark a local bottom, but this depends heavily on political clarity.

• Ongoing regulatory uncertainty in Washington, especially around crypto legislation, is seen as the biggest risk to any sustained recovery.

Takeaway
Barron sees the market deep in fear mode, with a possible bottom forming, but stresses that without political and regulatory clarity, crypto could either stabilize soon or slide into a deeper bear phase. The next policy decisions may decide which path wins.

CRYPTO MEMES

2010 vs 2026

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