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- 💎👐🏼 Bitcoin’s holding $96,500 like it knows something we don’t—how long can it keep up the act?
💎👐🏼 Bitcoin’s holding $96,500 like it knows something we don’t—how long can it keep up the act?
Market Mood: Holding Strong, but on thin ice 🫥

LATEST GAINERS 📈
STOCKS

MICRO VOLUME CRYPTO

CRYPTO

LATEST LOSERS 📉
STOCKS

MICRO CRYPTO

CRYPTO

🚀 Dogecoin (DOGE): +5% (Twitter hype strikes again)
📉 Ethereum (ETH): -2.3% (Gas fees creeping up again)
📉 Solana (SOL): -4% (After weeks of strength, traders are taking profits)
📉 XRP: -3.5% (SEC case still a dark cloud over its price)
Market Overview
Bitcoin has been in a groove, hovering around $96,500 despite all the market chaos around it. Meanwhile, stocks are split with S&P 500’s up (+0.3%) and Nasdaq’s down (-0.2%), as investors try to make sense of Big Tech earnings and the latest dose of economic drama.
👉 Key level to watch: BTC must hold $95K to avoid a breakdown. A push above $98K-$100K could open the floodgates for the next leg up.

News That Caught Our Attention
📌 Trade Wars 2.0?
The U.S. just slapped Mexico, Canada, and China with fresh tariffs like a boomer blaming 'kids these days' for everything.
Stocks? Nervous.
Bitcoin? Unfazed.
Sitting at $96,500, BTC is acting like it’s above all this geopolitical drama—because maybe, just maybe, it is.
👉 Here’s a great breakdown of what’s next: Trump’s New Tariffs: What It Means for Markets
📌 CPI Data Incoming (Feb 10):
Inflation numbers are about to drop, and the market is bracing for impact. If CPI runs hot, expect Jerome Powell to give risk assets the cold shoulder (again). But if inflation cools? Bulls might finally get their long-awaited rocket fuel to send BTC past $100K.
Here’s a great breakdown of what to expect: How CPI Data Could Shake Up Markets
📌 MicroStrategy Hits Pause on BTC Buying
MicroStrategy (now just "Strategy"—guess they’re done going “Micro” on anything) posted Q4 losses and is taking a break from their BTC shopping spree. With 190,000+ BTC on their books, if they start selling, the market might need a seatbelt.
For a more in-depth analysis: MicroStrategy Hits the Brakes on Bitcoin Buying—Why Now? | CCN.com
📌 Ethereum Fees Are Rising Again
ETH gas fees are climbing faster than Uber prices on New Year’s Eve. Transactions now cost $15-$25, which is great if you enjoy spending more on fees than the actual transaction. L2s like Arbitrum and Optimism are gaining users fast, while Ethereum devs scramble to make sure the network doesn’t turn into a blockchain for whales only.
📌 Netflix vs. Arizona Iced Tea: The Price War No One Saw Coming
One keeps raising prices, the other hasn’t changed in 30 years. What can traders learn? [Read More]

🔥 Featured: The Meme Coin Circus Is Back in Town

Everyone’s Talking About Meme Coins This Week
Meme coins are back in the spotlight, with Dogecoin leading the charge (+5%). But why?
Twitter hype: Every time Elon Musk so much as breathes near the word "DOGE," traders pile in like it’s a Black Friday sale. No roadmap? No problem. If the memes are strong, the price follows.
Whale activity:
When whales start accumulating meme coins, you know something’s brewing, and right now? They’re going in hard:
Wallet 0xf37 just bagged 375.35 billion PEPE ($3.73M) straight from Binance.
Wallet 4x3M8 secured 9 million WIF ($7.42M)
Dormant whale A3kTT woke up after two years just to drop $5.19M on WIF.
Wallet 0xe7d... loaded up 280.85 billion PEPE ($2.62M) and now sits on 1.4 trillion PEPE ($13.2M), up 328%.
SlumDOGE Millionaire ditched all his ETH and went “all in” on PEPE, grabbing nearly 1 billion tokens.
Speculation cycles: Historically, when meme coins start running, it means traders are feeling risky. If history repeats, this could be the warm-up act for a full-blown altcoin season.
💡 Takeaway for Traders: Meme coins don’t just move—they teleport. The pumps are fun, but the dumps are brutal. If you’re trading them, take profits, set stop-losses, and don’t get stuck holding the bag.
Here’s a great article on how to trade meme coins with a sharp mindset: How to Trade Meme Coins Like a Pro. It breaks down key strategies, risk management, and insider tips to help you navigate the madness.

Resources We Liked This Week
Holiday Trading Schedule: U.S. stock markets will close early on Feb 14 for Valentine’s Day—so traders can finally show some love to something other than their portfolios.
Translation: If you’re planning big trades, do it before lunch.Economic Data Releases: The inflation report is dropping, and markets are watching like it’s a Fed reality show. If prices are still running hot, expect some panic. If inflation cools, we might just see stocks and crypto make a run for it.
Nasdaq-100 Index Changes: Palantir, MicroStrategy, and Axon are in. Moderna, Illumina, and Supermicro are out. Why does this matter? Big funds tracking the Nasdaq-100 will be forced to rebalance, which means these stocks could see some serious action.

🤣 The Memeing of Life







Day Trading on X This Week:
Most Anticipated Earnings Reports This Week 📈
$PLTR, $SPOT, & $SNAP big winners so far.
— Day Trading News (@dayxtrading)
1:50 AM • Feb 5, 2025
BREAKING NEWS: President Trump signs executive order to create a sovereign wealth fund.
One thing is for sure, the next 4 years aren’t going to be boring…
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5:55 PM • Feb 3, 2025
The Canadian dollar has declined to its lowest level since 2003…
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The last thing ya see before your countries entire economy gets sent into the dark ages
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7:03 PM • Feb 3, 2025
Everyone on crypto twitter today
— Day Trading News (@dayxtrading)
3:44 PM • Feb 3, 2025

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