"Instant Success" experienced a sudden drop of over 30%, leading some traders to switch to "Here I Come on a Horse" positions.

On January 9, the U.S. Dollar Index (DXY) climbed above 99 for the first time since December 10 of last year, posting an intraday gain of 0.14%, according to IG.

Bitcoin ETFs kicked off 2026 with a strong start, drawing over $1 billion in net inflows in their first two trading days, CoinDesk reported on January 9. Analysts noted this signals a rebound in investor risk appetite. However, the funds have since posted a cumulative net outflow of $1.128 billion over the past three trading days—nearly offsetting the $1.16 billion in net inflows from their first two sessions of the year. Put simply, Bitcoin ETFs’ net capital flows are nearly flat year-to-date, with initial optimism giving way to actual asset performance. This trend signals lukewarm confidence among institutional investors, dimming the bullish outlook tied to the early-month inflows. Upcoming U.S. employment data and a Supreme Court ruling could further sway market dynamics and investor sentiment, with volatility likely to pick up later Friday.

On January 9th, per LookOnChain monitoring, Metalpha withdrew another 6,000 ETH from Kraken 3 hours ago—valued at roughly $18.67 million.

On January 9th, the Bank of Japan (BOJ) is reportedly weighing an upward revision to its economic growth outlook, driven by government stimulus measures. Sources note that BOJ officials have no preset stance on the pace of interest rate hikes and are expected to hold rates steady at this month’s policy meeting. (Kinsen)

Jan. 9 – Per Deribit data, option expiry settlements will take place at 16:00 UTC today, covering: - BTC options: $1.87 billion nominal value, 1.07 put/call ratio, max pain at $90,000 - ETH options: $395 million nominal value, 0.88 put/call ratio, max pain at $3,100