Patience Season

DAILY MARKET OVERVIEW

Crypto Stalls While Metals Lead

👋 Hey, Crypto Enthusiasts! Crypto keeps grinding lower while metals are ripping. If you are feeling the itch to quit or the urge to FOMO into gold and silver, you are not alone.

Bitcoin has gone basically nowhere since mid November 2024. Over a year of sideways action is wearing people down, especially newer traders who expected fast upside, not a slow grind.

📉 Rallies in crypto keep failing for the same reason: supply. A lot of long-term holders are finally selling. When price comes back to levels where many people originally bought, they often sell just to get out flat. That creates heavy resistance and short-lived bounces.

Altcoins look worse. Many popped briefly at the start of the year when tax selling ended, then rolled over and dropped hard. Most are now down 40% or more from those early January highs.

↪️ Meanwhile, capital is flowing into metals.

Gold, silver, palladium, uranium and related assets are benefiting from global uncertainty and big money looking for places outside US equities. Normally, that kind of environment should also help Bitcoin, but for now, selling pressure is overpowering that narrative.

For traders, the message is clear: this is not a momentum market. Chasing breakouts has not worked. Waiting for clearer structure and better prices has worked better than forcing trades.

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SOCIAL SENTIMENT

Frustration, Burnout, and a Quieter Crypto Crowd

Sentiment is getting worse mainly because nothing exciting is happening. Long sideways markets feel worse than fast crashes because they slowly drain motivation.

Newer traders are frustrated because they took big risk and got small or negative returns. Older holders are frustrated because they are sitting on huge unrealized gains but see fewer reasons to stay excited.

Another factor is social. X used to be where crypto trends were born. Now, the algorithm pushes mostly big general posts, bot content, rage content, and viral topics. Crypto-specific content is harder to find unless you search for it. That means:

• fewer ideas spreading quickly

• fewer new people getting pulled in

• more talk moving to private group chats

So even if the market is just “boring,” it feels worse because the conversation around it is quieter and more negative.

Right now, patience is the real edge. The market is slowly shaking out people who need excitement. What is left will be people who can wait.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Dogecoin Foundation Plans Payments App for 2026
A Dogecoin-backed team is building a self-custodial payments and commerce app aimed at helping users and small businesses spend and accept DOGE more easily.

Prediction Markets Near Monthly Volume Record
Prediction markets hit an $814 million trading day and are on pace to break monthly volume records as fees surge and competition between platforms intensifies.

Chainlink Brings 24/5 Data for Tokenized US Stocks
Chainlink launched extended-hours onchain data streams for US stocks and ETFs, supporting after-hours trading across decentralized and centralized platforms.

Hong Kong to Issue First Stablecoin Licenses in Q1
Hong Kong plans to approve its first stablecoin issuers this quarter, pushing ahead with strict licensing rules as part of its broader crypto hub strategy.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Benjamin Cowen – A Deeply Concerning Chart for Stocks (21.01.2026 Summary)

Benjamin Cowen highlights a long-term chart that compares the S&P 500 to gold. Historically, this ratio has been an early warning signal for major market shifts, and it’s now sitting at a level that deserves close attention.

Key Points

• The chart tracks how expensive stocks are relative to gold

• Historically, breakdowns in this ratio often happened before recessions

• Similar levels preceded downturns in the 1970s, 2008, and 2020

• The ratio is currently near 1.44–1.45, a critical support zone

• A sustained drop below ~1.4 would significantly raise recession odds

• This doesn’t mean stocks must crash, sometimes stocks move sideways while gold rises

• Stocks have already underperformed gold by roughly 45% since 2021

• Strong stock prices today are supported by pockets of economic strength, not broad hiring

• Youth unemployment is rising, while companies slow new hiring

• As long as some areas stay strong, markets can “climb the wall of worry”

• If stocks fall while gold keeps rising, layoffs could follow, increasing recession risk

• Cowen stays cautious, noting central banks could still intervene with liquidity

Takeaway

Cowen’s message isn’t panic, it’s awareness. If stocks break down against gold, history suggests rising recession risk and continued strength in hard assets. This chart doesn’t predict exact outcomes, but it’s a key signal for navigating the months ahead.

CoinBureau – Crypto BETRAYAL!! Coinbase KILLS The CLARITY Act!! (21.01.2026 Summary)

Coin Bureau breaks down how the long-awaited US crypto market structure bill collapsed at the last moment, not because of politicians, but because the crypto industry itself refused to accept what was inside it.

Key Points

• The Clarity Act was meant to end the SEC vs CFTC turf war and unlock institutional capital

• It introduced the idea of a “mature blockchain”, allowing decentralized networks to be treated as commodities

• Just days before the vote, a massive last-minute amendment rewrote the bill

• Lawyers found several “poison pills” buried in the new text

• The bill would have effectively banned tokenized stocks, killing a major 2026 crypto narrative

• It expanded the stablecoin yield ban, protecting banks and blocking crypto platforms from competing

• New rules would have forced DeFi frontends to collect personal data, destroying privacy and permissionless access

• Brian Armstrong publicly withdrew Coinbase’s support, saying no bill was better than a bad one

• The industry split, with some firms preferring flawed clarity over ongoing legal chaos

• Without unified industry backing, political support collapsed

• Republicans pulled back, Democrats opposed it for opposite reasons, and the vote was postponed

• With midterms approaching, the bill is likely dead until at least 2027

Takeaway

Coin Bureau’s conclusion is blunt: Washington almost locked in bad rules that would have crippled crypto innovation. By walking away, parts of the industry showed maturity and leverage, even if it means living with uncertainty longer. Bad clarity is worse than no clarity at all.

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