Bitcoin may be clear to attack resistance higher up, but the odds of sweeping recent lows later on remain convincing among BTC price pundits.

BTC has briefly surpassed 42200 USDT and is now reporting 42191.4 USDT, with a 24-hour increase of 0.74%.

Bitcoin DeFi dApp Sovryn announced the launch of BitcoinOS, which is a Bitcoin rollup "super chain" designed to address any limitations brought by Rootstock sidechain technology, enabling developers to develop on Bitcoin, achieve sustainability, drive adoption, and cultivate network effects.

The US government has filed a notice to sell almost $130 million worth of Bitcoins seized from the Silk Road darknet marketplace. The sale will be in two lots, with one lot consisting of 2874 BTC valued at $129 million and the other lot consisting of 58 BTC worth $3.3 million. Individuals, excluding defendants, have 60 days from January 10 to assert an interest in the forfeited property via an ancillary petition. The US government's sale of these Bitcoins could create further selling pressure on the BTC price.

According to Coinglass data, the total open position of BTC futures contracts on the network is 427,590 BTC (approximately $17.12 billion). Among them, the open position of CME BTC contracts is 110,520 BTC (approximately $4.42 billion), ranking first; the open position of Binance BTC contracts is 104,560 BTC (approximately $4.19 billion), ranking second.

Former Ark Invest cryptocurrency head and current Placeholder VC partner Chris Burniske stated on social media that he believes Bitcoin may fall to a range of $30,000 to $36,000 or test the range of $20,000 to $30,000. He reminds the market of volatility and false breakouts. Currently, there seem to be many uncertain factors at the macro level. New product innovations are coming, but they are not yet fully in place. Chris Burniske suggests patience and still holds cryptocurrency assets.

SHANGHAI/HONG KONG, Jan 25 (Reuters) - Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets were going downhill.

Kaiko stated in a post on X platform that the 60-day correlation between BTC and the Nasdaq 100 index has approached 0.

According to IntoTheBlock data, the drop in Bitcoin price to $39,000 has had a significant impact on investor sentiment. Currently, about 23% of Bitcoin addresses are in a loss position, a significant increase from 13% a week ago.

Market data shows that BTC has surpassed $41,000 and is currently trading at $41,005.7, with a daily decline of 1.88%. The market is volatile, so please manage your risks accordingly.