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Research perspective: Cow City is still in place, Agent is on the rise
en

Research perspective: Cow City is still in place, Agent is on the rise

THE MARKET HAS EXPERIENCED AN EXTRAORDINARY "SHOCKING MOMENT" IN THE PAST WEEK: THE NET-WIDE CLEARING SKYROCKETED TO $2.5 BILLION ON JANUARY 31ST AND FEBRUARY 1ST, AND THE TENTH LARGEST CLEARING EVENT IN THE HISTORY OF ENCRYPTION. WHILE THE MARKET IS FULL OF "ZERO THEORY" AND "DEEP BEAR THEORY" CALLED BY MANY BLOGGERS, MACROANALYTICALS AND TECHNOLOGY HAVE COME IN, IT IS NOT THE END OF THE COW MARKET, BUT RATHER A DEEP STRUCTURAL ADJUSTMENT TRIGGERED BY A RESONANCE BETWEEN INSTITUTIONAL LEVERAGE AND MACRO-PRISION。

2026/02/04
👤ODAILY
How much did you miss on February 3rd
en

How much did you miss on February 3rd

1. Financial resources on the chain: $52.9M to Arbitrum on this day; $36.1M to Etheum 2. Maximum drop: $ZIL, $ELON Top News: the volume of encrypted currency transactions fell to a low level in 2024, with weak spot demand

2026/02/04
👤BLOCKBEATS
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