Bitcoin Enters 2026 Balanced: SOPR at 0.994, US Premium -0.09
On 1 January 2026, on-chain readings signaled a balanced Bitcoin market, with selling absorbed rather than driving a breakdown. SOPR sat near 0.994 and the Coinbase Premium Index around -0.09, while recent exchange netflows near -1,600 BTC suggest coins are moving to long-term custody.