On Jan. 20, spot ETFs tied to Bitcoin, Ethereum, XRP and Solana recorded a combined net outflow of about $766 million, according to SoSoValue. Bitcoin led redemptions with $483 million and Ethereum saw $230 million, while XRP funds shed $53. 32 million. Solana was the outlier, posting a $3.08 million net inflow.

Bitcoin is holding a critical support area near $90,000 as risk appetite weakens, according to a market review. Shiba Inu dropped below its 50 EMA, turning a former base into resistance. XRP is attempting to stabilize within the $1.90–$2.00 zone, where a decisive break could open the door to deeper retracement.

Two large Ethereum wallets opened opposing leveraged positions within hours: a 4x short on about 3,840 ETH with a $3 million USDC deposit (worth approximately $11.86 million), and a 12x long on 10,000 ETH funded by 7.38 million USDC (valued near $30.92 million). ETH remains below the 200 EMA, and volatility risk is elevated.

After a calm weekend, liquidity stayed thin and volatility subdued across majors. XRP's trading participation fell toward zero while price drifted under the 100/200 EMA. SHIB compressed near short‑term support with few obstacles overhead. Bitcoin's attempts higher lacked volume, facing repeated rejection near key daily moving averages.

Ethereum is trading at a technically important zone where the 20- and 21-week EMAs, described as a bull market support band, are now interacting with price. ETH has shifted from sharp selling to a controlled recovery with higher lows, but still needs a decisive breakout above the $3,300–$3,400 resistance area to confirm a sustained bull phase.

As weekend trading approaches, Bitcoin's recent ascent has stalled beneath its 100 and 200 EMAs, suggesting a possible fakeout within a broader corrective phase. Shiba Inu is challenging its 100-day EMA for the third time after a prolonged decline, while XRP continues to form a third local wave inside a downward channel with moving averages acting as resistance.

In the last 24 hours, the XRP Ledger has processed about 562 million XRP in payment volume, a level described as noticeably below activity seen in earlier growth phases. While the number of transactions remains high and XRP-linked ETFs continue to record inflows, the value per payment has fallen and large players appear cautious, leaving price action trapped below key moving averages and moving sideways in a fragile, neutral structure.

Shiba Inu's price is consolidating after a rejection near $0.000009, with the token holding around the 26 EMA and pulling back in a controlled fashion. Momentum has cooled rather than broken, and price is compressing between overhead resistance near the 50–100 EMA cluster and support at the 26 EMA, increasing the odds of a directional move.

XRP is struggling below key resistance despite expanding on-chain activity, while its price structure has weakened near the 100 EMA. Bitcoin is trading in a zone typically associated with oversold conditions after a prolonged sell-off, and Shiba Inu is consolidating in a narrow band under the 100 EMA, suggesting indecision rather than a clear bearish breakdown.