A major DeFi security incident has been detected by a security monitoring agency. The MakinaFi platform was hacked, and over 1,299 ETH were successfully stolen, worth approximately $4.13 million at current prices. More troubling is that some of the stolen transactions were front-run by MEV builders' addresses (0xa6c2…), which means the hacker's subsequent operations will face competition from miners for extractable value. According to on-chain tracking data, the stolen funds have been dispersed and transferred to two main addresses for concealment. One address, 0xbed2…dE25, holds assets worth about $3.3 million, while the other, 0x573d…910e, holds approximately $880,000. This kind of fund dispersion strategy is usually used to evade tracking and freezing risks. This incident once again reminds users to pay attention to smart contract risks, even on mainstream DeFi platforms, which require multiple layers of protection.

#美国核心物价涨幅不及市场预估 January 20 midday market quick read **Bitcoin Trend Observation** Bitcoin is still moving within that narrow range, repeatedly testing between 92156 and 93287. The short-term direction has not been fully confirmed yet. At such times, patience is key; wait until the trend truly breaks before taking action. Reviewing yesterday’s market, after a dip there was a rebound, and it temporarily broke through the resistance level at 92812, seeming to want to punch through. However, it failed to stabilize and even more so, didn’t reach the critical resistance line at 93605. Afterwards, it repeatedly tested around 92812 three times, and finally broke below. Currently, the price is hovering near the previous low, which has not been broken yet. Whether a double bottom pattern can form here is crucial; if it stabilizes, that’s a good sign of a rebound. Conversely, if the previous low is lost, the next support is at 90068, and it could continue downward. In the short term, can 92812 hold? That’s the foundation for a rebound. To open up upside space, it must break through 93605 and create a new high for the stage. If it just consolidates sideways, then be prepared for oscillation within the very narrow range of 91821 to 92812. **Practical Trading Ideas** A volume breakout above 92812 signals a long entry, targeting 93605 to 94530. Conversely, a volume breakdown below 91821 with a failed rebound indicates a short position, targeting 90775 to 89230. Reminder: the previous low is a key support line. If it truly breaks below 90068, the downtrend is confirmed. Resistance levels: 92812, 93605, 94530 Support levels: 91788, 90976, 90066 **Ethereum Analysis** After the flag pattern break of ETH, it did not continue to fall sharply. Instead, it formed four consecutive doji candles, indicating a tug-of-war between bulls and bears, and it looks like a direction will be chosen soon. The current critical level is clear: if it recovers above 3219, it may stop the decline and rebound; if it falls below 3170, it will return to the previous consolidation zone and continue bottoming out. **Trading Suggestions** A volume breakout above 3200 can be entered on the long side, targeting 3222 to 3263. If it stabilizes above 3263, hold the position; if not, try a light short at 3263 with a stop-loss at 3300. A volume breakdown below 3175 signals a short entry, with a tight stop-loss. If it retraces to 3129 and confirms support is effective, go long with a stop-loss at 3089. For those looking to position early, place a long order at 3066 with a stop-loss at 3020. Resistance levels: 3200, 3222, 3263 Support levels: 3177, 3131, 3085 On the 4-hour chart, if it breaks below 3176, expect a move down to 3133–3089. **Summary in one sentence**: Currently, observing the market is more valuable than rushing in blindly. Wait until the trend truly breaks before acting; the clearer the signal, the better the move.

#Strategy加仓BTC $ETH Global Bond Market Turmoil: US and Japan Government Bonds Soar 4%, What’s Next for the Crypto Market Recently, US Treasuries have been heavily sold off. Trump’s tariff threats triggered market panic, causing US long-term Treasury yields to rise rapidly. Meanwhile, Japan’s bond market also experienced unusual movements—40-year government bond yields broke through 4%, reaching a 17-year high. What is driving this behind the scenes? The Japanese government plans to implement significant food tax cuts, and fiscal outlook remains uncertain, prompting investors to start withdrawing. What’s more troubling is that the two markets are resonating with each other. US bonds are under pressure, Japanese bonds weaken, and global borrowing costs are climbing steadily. If Europe follows suit and sells US Treasuries, and Japanese hot money flows back to the domestic market in large scale, the "domino effect" on the global financial markets could be intense—no one can predict how severe it might be. Bond market volatility is fierce, and risk assets in the crypto market are the first to bear the brunt. In this macro environment, how should investors adjust their strategies? Perhaps it’s time to test the effectiveness of their tactics.