Bitcoin's consolidation between $80,000 and $95,000 is linked to concentrated supply above this band, acting as resistance near newer buyers' cost basis, Glassnode's Short-Term Holder Cost Basis Distribution heatmap showed on Jan. 15. Supply overhead in this range has repeatedly capped rebound attempts, keeping the price largely stagnant even as buying interest builds on pullbacks. Glassnode noted that continued demand accumulation above $80,000 could potentially pave the way for a breakout.

Address 0xfb51… cut BTC long positions by about $10.27 million within roughly 10 minutes on January 15, closing around 105.8 BTC and booking about $366,000 in profit, Hyperinsight data show. After the reduction, the address held BTC long positions worth around $12.454 million at an average price of $93,500.

Bitcoin traded above $97,000 on Jan. 15, rising 2.2% in 24 hours, HTX data show. The move placed the cryptocurrency near the upper end of its recent trading range.

A whale opened a 25x leveraged long position on 93.08 BTC at an average entry of $96,391.2 on January 15, Hyperinsight data show. The position is valued at approximately $8.98 million with an unrealized profit of $10,000.

Bitcoin derivatives open interest has declined 31% since October and continued falling over the past three months as leverage eased, CryptoQuant said on Jan. 15. CryptoQuant described this as a "deleveraging signal" that clears excess leverage and supports a more bullish structure, citing analyst Darkfost who noted such phases often mark bottoms. If Bitcoin enters a full bear market, open interest may shrink further and the correction could extend, the firm added.

Market analytics firm Santiment said on Jan. 15 that social media data show increasingly bearish commentary on Bitcoin despite its price rebound this week. Over the past 10 days, "fear" has been one of the most prominent themes in retail discussions around BTC, the firm noted. Because market trends often move against prevailing retail sentiment, this concentrated negative mood could potentially support Bitcoin in revisiting the $100,000 level, according to Santiment.

U.S. spot Bitcoin ETFs recorded net inflows of $840 million on Jan. 15, Farside Investors data show. IBIT led with $648 million, followed by FBTC at $125.4 million, ARKB at $27 million, GBTC at $15.3 million, BITB at $10.6 million, HODL at $8.3 million, and EZBC at $5.6 million.

Whale address 0x50b30 holds a 20x leveraged long position of 557.5 BTC worth approximately $53.46 million at an average entry price of $96,981.9 per BTC as of Jan. 15, Hyperinsight data cited by BlockBeats show. The position currently shows an unrealized loss of $650,000.

Coinglass data show Bitcoin could trigger an estimated $1.556B in cumulative long position liquidations on major centralized exchanges if the price falls below $94,000 on January 15, BlockBeats reports. A move above $98,000 would trigger roughly $749M in cumulative short liquidations on these platforms. BlockBeats noted the liquidation heatmap reflects relative strength of each cluster rather than exact contract values, with higher bars indicating stronger potential reactions at those price levels.