【Market Dynamics】A leading exchange officially launched precious metals perpetual contracts on January 8, with initial offerings of gold and silver products. Subsequently announced the launch of the DeepNode project on January 9. These initiatives further enrich the platform's trading categories and attract attention from traditional finance asset participants.

【Derivatives Sentiment】Options market data shows sustained bullish positioning. An OTC trading head believes Q1 could see a relief rally, indicating market participants maintain optimistic expectations for short-term price action.

【On-chain Performance】A certain public blockchain's blockchain fees ranked first over the past 24 hours, reflecting rising ecosystem activity. Meanwhile, ETH staking scale continues to expand—a certain staking platform has accumulated 936 million ETH staked, with total value reaching 2.87 billion dollars, hitting an all-time high.

【Policy】The U.S. Treasury Department stated the government has begun systematically adding enforcement-seized Bitcoin to strategic reserves, a move with significant signaling implications. Domestically, Shanghai Intermediate People's Court clarified that personal coin holding and trading generally are not recognized as illegal business operations, providing legal clarity for crypto asset holders.

【Technical Perspective】Ethereum's founder emphasized that Ethereum, like Linux, provides a home for users seeking autonomy while serving the masses and enterprises, reflecting its open and inclusive design philosophy.