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With XRP holding the $2 level, continued inflows from institutional investors are heightening market interest in the potential for medium- to long-term gains. According to Cointelegraph on the 14th (local time), XRP has recently maintained prices above $2, but some analysts say a clear technical trend reversal has not yet been confirmed. XRP is currently trading around $2.15. Earlier this year, XRP reclaimed its 50-day simple moving average (SMA, a moving average used to gauge the medium-term trend) and entered a retest zone of its downtrend. This is considered a typical technical setup that can lead to further upside if buying interest holds, but the prevailing view is that the current price action is closer to a stabilization phase than a sharp rally. What stands out is the institutional flow of funds. CoinShares data show that while the broader digital-asset market saw about $454 million in outflows last week, XRP-related investment products recorded net inflows of $45 million. The figure was up more than 400% from the prior week, a stark contrast to the overall market. Such institutional demand is cited as a factor helping XRP hold the $2 level even in a liquidity-constrained environment. The move is seen as meaningful in that the price rise is not relying solely on short-term sentiment but is being supported by underlying demand. On-chain data also suggest limited signs of overheating. According to CryptoQuant, XRP’s trading-volume Z-score on Binance (an indicator showing how overheated recent volume is versus its average) stood at about 0.44, only slightly above the 30-day average. This is interpreted as a signal closer to an accumulation phase with relatively balanced buying and selling, rather than a spike in speculative trading. In the market, both the possibility of a near-term pullback and further upside are being discussed. Analyst Credible Crypto said three instances of resistance were confirmed near recent highs, pointing to the possibility of a correction toward $1.77, while also suggesting room for a further move into the $3 range if support holds near $2. Well-known futures trader Dom offered a more conservative view. He noted that the $2.10 area has held for months, but argued that a meaningful trend reversal on the daily chart would only be possible if price establishes itself above $2.40. In fact, XRP previously faced resistance around $2.40 on Jan. 6 and pulled back. At the time, whale addresses saw net selling of more than $100 million from Jan. 4 to 7. If XRP tests $2.40 again, changes in whale flows are expected to be a key variable.

The influence of North America—led by the United States—over Bitcoin mining is waning as investment pours into artificial intelligence (AI) infrastructure and profitability deteriorates, reshaping the global mining map. According to Decrypt on the 15th (local time), BlocksBridge Consulting analyzed that the block share generated by North America-based Bitcoin mining pools declined steadily throughout 2025. As of last December, the combined share of Foundry USA, MARA Pool, and Luxor Technologies was tallied at about 35%, down from levels above 40% in January 2025. The trend contrasts with U.S. President Donald Trump’s campaign message emphasizing securing leadership in Bitcoin mining. While American Bitcoin—a mining company co-founded by the Trump family—has also been expanding its business, analysts say that across the North American mining industry, capital and electricity are shifting toward AI data-center investment. Hut 8, in particular, is accelerating a pivot away from a Bitcoin mining-focused strategy toward becoming an energy and AI infrastructure company. Hut 8 said last December that it would work with AI company Anthropic to build large-scale data-center infrastructure in the United States. Deteriorating mining profitability is also cited as a driver of structural change. According to JPMorgan, the average daily revenue of Bitcoin miners in December last year was $38,700 per EH/s, down 32% year over year. With rising power costs and intensifying competition squeezing mining margins, many operators are said to be turning their focus to high-performance computing (HPC) and AI demand. Meanwhile, there are also signs that regions such as China, the Middle East, and Russia are again expanding their share of Bitcoin hashrate. BlocksBridge Consulting said that upgrades to China’s power infrastructure are another factor behind North America’s declining share. China banned Bitcoin mining in 2021, but unofficial mining activity is reportedly continuing, centered on the Xinjiang region. The mining hardware market is also entering a period of change. Bitmain, which holds roughly 80% of the global mining equipment market, is said to be increasing the share of its own in-house mining as equipment demand cools. Some also speculate that if oversupply of equipment persists, it could weigh on semiconductor foundry capacity allocations as well.

IP coin’s one-day trading value on the 14th nears ‘1 trillion won’ Tailwinds from the ‘AI theme’ and impact of a ‘network upgrade’ A string of positives including token buybacks and U.S. institutional demand Rumors also swirl of a partnership deal with Tesla Story (IP), the native token of blockchain-based intellectual property (IP) infrastructure project Story Protocol, is soaring as tailwinds for AI-themed coins and expectations for a mainnet update converge. As of the 14th (local time), IP was up 33.6% day on day to $4.02 on CoinMarketCap, while it was trading at 5,820 won on Upbit’s KRW market. It has posted gains of roughly 100% over the three days since the 12th. IP’s global trading value reached $662.19 million (about 977 billion won) on the day. This follows a similar-scale rally earlier this year by AI-related tokens such as Render and Virtual in the crypto market, and is seen as speculative demand rotating into Story, an AI-related coin. Story Protocol is a Layer 1 blockchain designed to handle everything from registering IP on-chain to licensing and revenue distribution. It has been cited as a candidate for core infrastructure in the AI era, as it can manage creative works and AI training data as smart-contract-based assets. More recently, plans for mainnet-related updates and ecosystem expansion also lifted market expectations. Story is set to carry out an upgrade on the 14th to apply Ethereum Pectra upgrade proposals to the Story network. With deposits and withdrawals of IP tokens restricted at major exchanges starting that night, speculative demand aiming to capitalize on the event is also expected to have surged. The extension of the previously announced IP token buyback program and the positive catalyst of U.S. institutional demand are also seen as key drivers of the price action. The Story Foundation said late last year it would extend its IP token buyback (open-market purchases) program through Feb. 1, 2026, and expand the purchase size from $82 million to $100 million (about 147 billion won). In addition, Grayscale, the largest U.S. digital asset (cryptocurrency) manager, which oversees about 50 trillion won in assets, launched an IP token trust product for institutional investors in August last year. Observers said this likely helped, as it makes IP more accessible to U.S. institutional investors than many other altcoins. Grayscale also said on the 12th that it had designated Poseidon—Story’s subsidiary and an AI data-licensing project—and Aria Protocol (Ariaip), a Story-based copyright-related project, as candidates for its ‘investment product pipeline.’ The list is a document in which Grayscale screens and discloses digital assets it is considering for future launches of new institutional products or expansions of existing offerings. Meanwhile, rumors circulated in some Story communities on X and Telegram that Story’s ‘Poseidon’ had signed a partnership agreement with Tesla, the world’s largest electric-vehicle company. Regarding this, a Story official said, “It’s difficult to comment on cooperation with a specific company,” adding, “Story and Poseidon have focused on IT infrastructure in the AI era. We expect meaningful results related to this to emerge within the first half of this year.”

Corporate accumulation of Bitcoin is far outpacing new supply, heightening market attention on a shifting supply-demand dynamic. According to Cointelegraph on the 14th (local time), the net increase in Bitcoin added to corporate digital asset treasuries (DAT) over the past six months totaled about 260,000 BTC. Over the same period, newly issued Bitcoin from mining came to roughly 82,000 BTC, meaning corporate purchases were about three times new supply. Glassnode data show Bitcoin holdings by public and private companies rose from around 854,000 BTC six months ago to about 1.11 million BTC now—an increase of roughly 260,000 BTC, worth about $25 billion at current prices. On a monthly average, that implies about 43,000 BTC was added to corporate balance sheets. Over the same period, Bitcoin miners produced an average of about 450 BTC per day, supplying a total of roughly 82,000 BTC. Market participants say corporate demand materially exceeding mined supply is creating a favorable medium- to long-term backdrop for supply and demand. A sizable share of corporate-held Bitcoin is concentrated at Strategy. Led by Michael Saylor, Strategy currently holds about 68,7410 BTC, accounting for roughly 60% of total corporate holdings. Earlier this month, the company bought an additional 13,627 BTC, marking its largest single purchase since July last year. The second-largest corporate holder is MARA Holdings (MARA), with about 53,250 BTC—worth roughly $5 billion at current prices. Some in the market also expect spot Bitcoin ETF demand to further reinforce the trend. Bitwise Chief Investment Officer (CIO) Matt Hougan said that if ETF demand persists over the long term, Bitcoin’s price could enter a sharp upswing.

Bitcoin has regained the $95,000 level on the back of spot buying inflows, fueling market expectations of a renewed attempt at the psychologically important $100,000 resistance. According to Cointelegraph on the 14th (local time), Bitcoin extended its upward trend after climbing back above $95,000 a day earlier. Based on CoinMarketCap data, Bitcoin rose about 4.65% over the past 24 hours to trade around $95,190. Market participants are focusing on the fact that this rebound was driven primarily by spot buying rather than derivatives. Crypto analyst Will Clemente said on X that the latest Bitcoin advance is being led by spot purchases. Spot buying reflects demand to purchase actual Bitcoin and is viewed as a more demand-driven move than futures or options trading. Short liquidations also continued as prices rose. According to Coinglass, about $269.21 million worth of Bitcoin short positions were liquidated over the past 24 hours. The wave of short liquidations likely added to buying pressure, reinforcing the rally. Market experts are discussing the possibility of a near-term break above $100,000. Michaël van de Poppe, CEO of MN Trading Capital, said Bitcoin is likely to move toward $100,000 soon and described pullbacks as buying opportunities. Bitcoin has failed to reclaim the $100,000 level since Nov. 13 last year. Prediction-market data also reflect the upbeat sentiment. Polymarket put the odds of Bitcoin reclaiming $100,000 by Feb. 1 at 51%. The probability of reaching $105,000 was 23%. Historically, January has been a relatively subdued month for Bitcoin. Since 2013, the average January return has been about 4.18%, while the average February return was stronger at 13.12%. As a result, expectations are rebuilding ahead of February. Market sentiment indicators remain subdued. Santiment said that if Bitcoin approaches $100,000 again, retail investors’ fear of missing out could flow in quickly. The Crypto Fear & Greed Index has recently oscillated between “fear” and “extreme fear,” and stood at 26—still in the fear zone—as of the day.

US Senator Elizabeth Warren urged financial regulators to delay review of World Liberty Financial’s bank charter application, citing conflicts of interest involving President Donald Trump. According to a Cointelegraph report on the 13th (local time), Warren sent a letter to Office of the Comptroller of the Currency (OCC) head Jonathan Gould, saying the agency should not consider World Liberty’s charter application until President Trump has fully divested his and his family’s financial interests. Warren said, “There is no precedent for financial conflicts of interest or corruption on this scale,” adding, “Congress failed to adequately address this while passing the GENIUS Act, and now the Senate must resolve this major conflict of interest as it considers crypto market structure legislation.” World Liberty subsidiary WLTC Holdings applied earlier this month to the OCC for a national trust bank charter. If approved, World Liberty would be able to issue, custody and exchange its stablecoin USD1. World Liberty lists President Trump and his sons Barron, Eric and Donald Trump Jr. as co-founders. Warren said the platform has delivered massive book wealth to the Trump family. Warren also raised sharp questions about Gould’s impartiality. “I do not trust that you will evaluate this application fairly under legal standards,” she said, alleging that Gould sidestepped questions during his confirmation hearing about how he would insulate the process from President Trump’s influence. Under the GENIUS Act, the OCC is designated as the primary regulator of stablecoin issuers and holds both charter-approval and supervisory authority. Warren said Gould would be overseeing rules that directly affect World Liberty’s revenue while simultaneously serving under the president’s direction. She said, “For the first time, the United States could face a situation in which a president is effectively overseeing his own financial company.” Warren, the top Democrat on the Senate Banking Committee, is set to discuss crypto market structure legislation this week. Review in the Senate Agriculture Committee, which had been expected on the same timeline, was postponed by Republicans in pursuit of a bipartisan agreement. A draft bill released by the Banking Committee does not include the ethics and conflict-of-interest provisions sought by Democrats, and further negotiations and revisions are seen as possible.

Bitcoin posted its highest level in two months, supported by signs of stabilizing U.S. inflation data and a wave of short-liquidations. According to a report by Decrypt on the 14th (local time), Bitcoin rose about 4.5% on the day to trade around $95,500, marking its highest level since mid-November last year. During the rally, roughly $587 million worth of short positions were liquidated across the broader digital-asset market, including about $292 million in Bitcoin-related liquidations. The move coincided with the release of the U.S. December Consumer Price Index (CPI). Headline CPI rose 2.7% year on year, matching market expectations, while core CPI came in at 2.6%. Monthly increases also remained contained, keeping the dollar and U.S. Treasury yields relatively steady. The inflation data reinforced expectations that the Federal Reserve (Fed) is likely to keep its policy rate unchanged in the near term. Markets continue to leave room for the possibility of rate cuts in the second half of 2026. U.S. President Donald Trump again cited the inflation figures in reiterating the need for an accommodative monetary policy. Traditional financial markets were mixed. Financial shares weakened and dragged on the Dow, weighed by disappointing results at JPMorgan Chase, while the S&P 500 and the Nasdaq showed limited moves near recent highs. Bank earnings appear to be setting the tone early in this earnings season. Some analysts say shifts in the macro backdrop directly influenced Bitcoin’s price action. Ryan Rasmussen, head of research at Bitwise, said recent global currency instability and policy risks have rekindled investors’ focus on Bitcoin. After trading in a range for the past several weeks, Bitcoin turned higher this week. The market is also watching the risk of increased volatility if changes in global liquidity and monetary-policy expectations persist.

Bitcoin miner Bitdeer has overtaken MARA Holdings (MARA) on the basis of hashrate under management, becoming the world’s largest mining company. According to a report by The Block on the 13th (local time), Bitdeer said its total hashrate under management stood at 71 exahashes per second (EH/s) as of late December last year. The figure includes its self-mining hashrate of 55.2EH/s as well as hosted machines operated for external clients. MARA Holdings discloses its current mining capacity at 61.7EH/s on its website. MARA has remained the leader among publicly listed Bitcoin miners after surpassing 60EH/s in self-mining hashrate in September 2025. However, it is also noted that the two companies’ metrics are not fully comparable. While Bitdeer’s hashrate under management includes hosted equipment, MARA’s figures are tallied based on its energized hashrate that is actually running. Bitdeer is rapidly scaling mining capacity on the back of its in-house semiconductor capabilities. The company is building out mining infrastructure using its self-developed SEALMINER chips and said it mined 636 bitcoins in December alone last year. That marks a sharp increase from 145 bitcoins in December 2024. Expanding its artificial intelligence (AI) business is also a key pillar of its strategy. Matt Sigel, head of VanEck research, said Bitdeer accounts for about 6% of global hashrate and is selling most of the bitcoin it mines to fund AI infrastructure investment. Bitdeer is simultaneously expanding AI and high-performance computing (HPC) infrastructure across Canada, Ethiopia, Norway and multiple U.S. states. By contrast, MARA is maintaining a strategy of holding the bitcoin it mines. MARA currently holds more than 55,000 bitcoins, securing the second-largest bitcoin treasury among public companies. It ranks second to Strategy, which holds about 687,000 bitcoins. Bitdeer was founded in 2020 by Bitmain co-founder Jihan Wu. While quarterly revenue rose 173.6% year on year, earnings missed market expectations as the rollout of its AI business fell short of expectations. In the stock market, Bitdeer rose about 4% in a single day to $12.78, while MARA gained about 2% to $10.93.

Bitcoin has reclaimed the $95,000 level for the first time in two months since November last year, buoyed by President Trump’s pressure for rate cuts. As of the Binance Tether (USDT) market on the global digital-asset (cryptocurrency) exchange Binance on the 14th (local time), Bitcoin was up 4.14% day on day at $95,119, while Ethereum was up 7.99% at $3,309. The key driver behind the rally is cited as Trump’s pressure on the Federal Reserve over interest rates. Posting on Truth Social overnight, Trump said, “U.S. inflation readings are excellent. Growth indicators are also very good thanks to an excellent tariff policy. This means Jerome Powell must make a meaningful rate cut,” he stressed. Trump has continued to publicly criticize the Fed and Chair Powell’s rate policy. He recently also said he would “announce the next Fed chair nomination within the next few weeks.”

Despite Ethereum’s recent rebound to $3,200, some observers say conditions for further upside remain limited due to declining network usage and macroeconomic uncertainty. According to a report by Cointelegraph on the 14th (local time), Ethereum (ETH) has recently been trading around $3,200 but has failed to establish itself above $3,300 over the past 60 days. Even as network upgrades continue, the market is placing low odds on a recovery to $4,000 in 2026. Ethereum’s price action has moved in line with the broader cryptocurrency market capitalization since last November. Analysts say investor sentiment is being pressured less by ecosystem-specific issues and more by weakening usage across decentralized applications (DApps) and macroeconomic risks. In the near term, the upside appears likely to remain capped. On-chain indicators are also signaling weakness. According to DefiLlama, total decentralized exchange (DEX) trading volume over the past two weeks came to about $150.4 billion, down 55% from the peak recorded in January 2025. Ethereum-based DEX volume has fallen about 65% from the October high last year, and network fees have also plunged about 87%. Still, the ecosystem’s influence—including Layer 2 networks—remains significant. Combining Layer 2s such as Base, Arbitrum and Polygon, Ethereum accounts for roughly 50% of total DEX activity. By total value locked (TVL), Ethereum continues to lead Tron, Solana and BNB Chain, maintaining its appeal among institutional investors. The rise of rival networks is a headwind. Solana is processing more transactions than the combined total of the top 10 blockchains by transaction count, offering users lower costs and faster execution. With functional differentiation weakening, analysts say Ethereum’s price recovery hinges on whether demand returns. Markets are watching in the near term whether Ethereum can turn $3,200 into a support level. With uncertainty around the US economy lingering, the prevailing view is that a retest of $4,000 will take time unless risk appetite across cryptocurrencies rebounds.

Privacy coins have surged since the start of the year, emerging as a new bullish sector in the crypto market. According to Decrypt on the 13th (local time), Monero (XMR) has risen 54% over the past seven days, breaking above $667 to set a new all-time high. Dash (DASH) jumped about 39% in a single day, posting its biggest one-day gain since October 2025. The broader privacy-coin sector is being seen as showing standout strength versus other altcoins. The rally has been attributed to the European Union’s (EU) crypto tax reporting rules under DAC8. With crypto service providers set to be required to collect users’ tax information starting January 1, 2026, analysts say investor demand for privacy as a core feature has resurfaced. The broader tightening of regulation is also cited as a factor amplifying price volatility. The Dubai Financial Services Authority recently imposed a blanket ban on trading and promoting privacy tokens and using related derivatives within the Dubai International Financial Centre. Market participants say the move instead highlighted the scarcity of privacy coins, stoking short-term buying interest. Internal turmoil surrounding Zcash (ZEC) also acted as a catalyst for fund flows. After key personnel at the Zcash development organization resigned in early January, ZEC has fallen about 50% from recent highs. Funds within the privacy segment are said to have rotated out of ZEC into XMR and DASH. By token, Dash is viewed as having spiked on the impact of a short squeeze in the derivatives market. XMR, meanwhile, is interpreted as having entered a price-discovery phase after breaking above a long-term resistance line. Still, signs of near-term overheating are emerging at the same time, prompting caution about the potential for heightened volatility.

The US spot bitcoin exchange-traded fund (ETF) market saw a large one-day exodus of funds. Net outflows were recorded across products from major asset managers, pushing the overall flow clearly into negative territory. According to TraderT’s tally of fund flows for US spot bitcoin ETFs on the 7th (local time), total net outflows across all ETFs amounted to $486.91 million for the day. Funds exited most core products, including those from BlackRock and Fidelity. By product, BlackRock’s IBIT posted net outflows of $130.79 million, while Fidelity’s FBTC recorded the largest outflow at $247.62 million. Bitwise’s BITB also saw net outflows of $39.03 million. ARK Invest’s ARKB saw $42.27 million leave, and VanEck’s HODL also logged net outflows of $11.57 million. Grayscale’s GBTC recorded outflows of $15.63 million. Meanwhile, Invesco’s BTCO, Franklin Templeton’s EZBC, Valkyrie’s BRRR, WisdomTree’s BTCW, and the Grayscale Mini Bitcoin ETF saw no change in flows.

US spot Ethereum exchange-traded funds (ETFs) saw a large one-day capital outflow. With multiple products posting outflows, the overall tally came in as net outflows. According to TraderT’s tracking of US spot Ethereum ETF flows on the 7th (local time), the ETF complex posted net outflows of $98.59 million on the day. Most products were in the red, with only a few ETFs showing limited inflows. By product, BlackRock’s ETHA saw $6.78 million leave the fund, while Fidelity’s FETH posted net outflows of $13.29 million. Bitwise’s ETHW also recorded $11.23 million in outflows, adding to the broad-based weakness. Outflows were largest from Grayscale products. The legacy Grayscale Ethereum Trust (ETHE) logged net outflows of $52.05 million, and the Grayscale Mini Ethereum ETF saw $13.03 million withdrawn. In contrast, Franklin Templeton’s EZET recorded net inflows of $2.38 million, the only fund to show a clear inflow. VanEck’s ETHV posted net outflows of $4.59 million, while 21Shares’ CETH and Invesco’s QETH saw no change in flows.

BlackRock, the world’s largest asset manager, has made sizable purchases of bitcoin and ethereum over the past three days, underscoring its presence in institutional flows within the crypto market. Even as market volatility has increased, spot-based buying continued, drawing attention to the flow of funds itself. According to a Jan. 8 report by CryptoNews, BlackRock bought 9,619 bitcoins and 46,851 ethers over the past three trading days. On-chain analytics account LookOnChain estimated the holdings’ value at about $1.027bn. In detail, BlackRock bought 3,948 bitcoins on Jan. 6 alone, worth about $371.89m. On the same day, it also purchased an additional 31,737 ethers, estimated at roughly $100.23m. A substantial portion of crypto liquidity that has entered the market at the start of this year is flowing in via BlackRock. The buying trend somewhat diverges from price action. Based on CoinMarketCap data, bitcoin is trading around $90,730, down about 2.18% over the past 24 hours, while ethereum is down nearly 4% at around $3,142. Earlier, during the year-end holiday period, BlackRock transferred 1,134 bitcoins and 7,255 ethers to Coinbase Prime. Some in the market at the time raised speculation about potential selling, but with spot buying resuming afterward, some observers are focusing on the fund flows themselves. Meanwhile, over the same period, Strategy, led by Michael Saylor, bought an additional 1,287 bitcoins, raising its total holdings to 673,783. With major institutions and companies continuing to buy and hold, the market is expected to keep watching on-chain fund movements for the time being.

An analysis found that regulatory clarity and market stability must come first for the crypto market to settle into a recovery phase in 2026. Progress on crypto legislation in the U.S. Congress and whether accumulated sources of anxiety can be cleared away after last year’s sharp selloff were cited as key variables. According to a Cointelegraph report on the 8th (local time), Matt Hougan, chief investment officer (CIO) at Bitwise, wrote in a memo to investors that “the crypto market has started 2026 on a relatively stable footing, but several important conditions must be met for a full-fledged recovery.” Hougan first said the fallout from a major market shock on Oct. 10 last year needs to be fully resolved. At the time, roughly $19 billion in futures positions were liquidated in a single day, raising the prospect of cascading unwinds by major market makers or hedge funds. “This potential selling pressure weighed on the market through the end of 2025,” he said, adding that “recent price action suggests investors are gradually digesting that shock.” The second key factor was passage of the CLARITY Act. The U.S. Senate is discussing the bill with the aim of holding committee-level votes in the Banking Committee and the Agriculture Committee on the 15th, after which a final bill is expected to be brought to the floor. “The CLARITY Act is legislation that clarifies the regulatory framework for the U.S. crypto market,” Hougan said, calling it “an institutional foundation for long-term recovery and growth.” Stability in traditional financial markets was also cited as an important variable in the recovery phase. While crypto does not move in lockstep with equities, he said, “if the stock market is rocked sharply, risk appetite across risk assets could be dampened.” He added that “if legislative progress and market stability materialize together, the 2026 recovery could prove more durable.” Meanwhile, some market participants say the monetary policy backdrop could also affect the pace of the recovery. Jurrien Timmer, Fidelity’s director of global macro, said that “if fiscal policy combines with a dovish Federal Reserve stance, a more favorable environment for risk assets could be created.” Still, expectations are skewed toward the Federal Reserve holding its policy rate steady at its meeting later this month.

Bitcoin’s price may remain stuck in a range for the time being, with no clear direction, according to a new outlook. With capital inflows slowing, some investor attention is shifting back to traditional assets, the analysis said. According to a Jan. 8 (local time) report by Cointelegraph, Ki Young Ju, CEO of CryptoQuant, said, “Funds that had been flowing into Bitcoin have now effectively dried up,” adding that “investor interest is moving back to traditional assets such as stocks and gold and silver.” Ju said he sees a low likelihood that Bitcoin will shift into a sharp downturn as it has in the past. “This is different from previous cycles, when we saw a rapid collapse after the peak,” he said, adding that “over the next few months, a dull sideways market is likely to persist.” He therefore forecast that Bitcoin’s price could move within a limited range in the first quarter of 2026. This view somewhat runs counter to Bitcoin’s historical seasonal pattern. Statistically, Bitcoin’s average return in January has been relatively mild at 3.81%, but in February and March it has posted average gains of 13.12% and 12.21%, respectively. Ju’s outlook suggests a trajectory may emerge that diverges from that historical pattern. Market uncertainty is also reflected in sentiment gauges. The Crypto Fear & Greed Index has been oscillating between the “Fear” and “Extreme Fear” zones since early November last year, and stood at 28 as of the day. This indicates that a wait-and-see stance among market participants remains strong. Still, some indicators are sending mixed signals. According to the report, spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $925.30 million over the first three trading days of 2026.