[Fidelity's Global Macro Director Believes Bitcoin's Four-Year Cycle Is Not Over and 2026 Market Will Be Weak]
Fidelity's Global Macro Research Director Jurrien Timmer believes there are no signs in the charts indicating that Bitcoin's four-year cycle has ended. After 145 weeks of growth, it is expected to reach a peak of $125,000 in October, aligning with the anticipated bull market trend. He pointed out that the current 'bear market' is expected to last until 2026, with support levels between $65,000 and $75,000.
[CryptoQuant: Bitcoin demand shrinks and falls below key moving average, entering a bear market cycle]
CryptoQuant monitoring shows that Bitcoin demand growth has significantly slowed since October 2025, indicating that Bitcoin has entered a new bear market cycle. Analysts pointed out that the demand driven by spot ETF approvals, the 2024 U.S. presidential election, and corporate financial asset allocation bubbles has already been released. In the fourth quarter, ETF holdings decreased by approximately 24,000 BTC, and perpetual contract funding rates dropped to their lowest level since December 2023. Bitcoin's price fell below the 365-day moving average of approximately $98,172. The market is currently in a state of fear, with only 22.1% of investors expecting the January FOMC meeting to lower interest rates.
[Arthur Hayes: Altcoin Season Is Always Happening, Misjudged by Investors Not Holding Rising Assets]
Arthur Hayes stated that altcoin season is always occurring, and investors believe it hasn't arrived simply because they do not hold the rising assets. Arthur Hayes pointed out that many traders still expect a repeat of past patterns and advised paying attention to new developments in the market. Arthur Hayes cited Hyperliquid as the best example of this cycle so far, with the token HYPE rising from $2–$3 to $60, and also mentioned Solana's increase from $7 to nearly $300. Arthur Hayes emphasized that altcoin season has already happened, but some investors have not participated.
[Vitalik Buterin Sells UNI, BNB, and Other Tokens Within Two Days and Transfers Funds via RAILGUN]
Vitalik Buterin sold UNI, ZORA, BNB, KNC, OMG, and other meme tokens over the past two days, and after completing the sales, transferred approximately $564,672 USDC and 27 ETH (around $80,364) via RAILGUN.