Bitcoin has rebounded from a sharp decline to around $60,000, with its price recently trading near $68,892 and intraday gains of 6.44%. On-chain data shows the Coinbase Premium, which had been negative since mid-January, has flipped positive as US investors regain confidence and Bitcoin climbs over 16% toward $70,000. Despite this shift, analysts note that broader macro conditions and the risk of a deeper correction, with Bitcoin still about 50% below its all-time high and showing double-digit weekly and monthly losses, remain key concerns.

In the final stretch of January, Bitcoin briefly fell under $80,000 as analysts highlighted roughly $1.3 billion in liquidations within 12 hours. Market expert Burak Kesmeci views $80,000 as both a key technical support and the approximate cost basis for spot Bitcoin ETFs, with January 2026 net outflows already at $1.61 billion. He cautions that a confirmed weekly close below this level could extend downside toward $72,000, $68,000 and $62,000, while a rebound above $90,000 and $95,000, and eventually $100,000, would improve the bullish outlook.

On January 30, analyst Ali Martinez said on X that XRP could be primed for a short-term bounce if the TD Sequential setup is confirmed at the $1.70 support. The token started the week up roughly 7% before sliding on Wednesday. Meanwhile, US XRP spot ETFs saw outflows exceeding $69 million, and XRP was at $1.74, down 3.26%.

Throughout most of the recent trading week, Ethereum has traded within a tight band between $3,000 and $2,880 while derivatives activity has cooled. On-chain data cited by Arab Chain shows total Ethereum open interest across major exchanges has fallen to about $16.9 billion, the lowest since mid-December, even as Binance alone maintains roughly $7.5 billion. With leverage declining and Ethereum near $3,000, the market appears to be absorbing deleveraging with limited selling pressure, while large traders concentrate positions on the most liquid venue.

Analytics group Arab Chain, via a CryptoQuant QuickTake, reports Binance's ETH futures daily volume reached $21.7 billion, the highest since mid-December. The uptick follows a late-December lull while ETH trades around $3,292. Over the week, Ether reclaimed $3,300 but failed to break $3,400, reinforcing a short-term bearish setup.

AVAX, the native asset of the Avalanche network, recently climbed to $14.85 before dropping back under $13.50 and now trades near $13.61. Analyst Ali Martinez’s January 16 chart study highlights repeated rejections around $14.83 and an inverse head and shoulders structure that could project upside targets at $17.59 and $18.41 if this resistance is cleared. AVAX has booked a 14.67% gain over the past month, hinting at a possible shift after a net negative Q4 2025.

Bitcoin pulled back to the $90,000 psychological support after meeting resistance near $94,000. According to a QuickTake on CryptoQuant by The Enigma Trader, exchange netflows shifted from –11,500 BTC to +1,100 BTC since December, implying reduced accumulation. As of this writing, the price is around $90,463, per CoinMarketCap.

After failing to clear the $94,000 barrier, Bitcoin is hovering around the $90,000 region, with buyers showing caution near highs without a confirmed trend reversal. In a January 9 X post, analyst KillaXBT outlined a pivotal $90,000 support tied to a CME futures gap, eyeing $87,500–$86,800 if it breaks and $94,000–$95,000 on strength. At press time, BTC is $90,500, down 0.76%.

In the opening days of 2026, Ethereum climbed decisively above the $3,000 resistance level, with its spot price moving past $3,100. According to analyst Amr Taha, ETH open interest on Binance increased from about $6.2 billion to around $7.1 billion, a roughly 12% daily rise that signals a wave of new, largely long positions. Taha views the move as leverage-driven, warning that the short squeeze and rising funding rates could create both opportunity and heightened downside risk.