Trading

Over the week, Bitcoin and Ethereum rose nearly 5% and 7%, while several altcoins diverged. DASH led with a 115% surge to about $80, as Story [IP] and Pump.fun [PUMP] gained roughly 20% and 17%. Polygon [POL] fell nearly 14% to around $0.142, and Midnight [NIGHT] slipped roughly 12%.

On January 18, Bitcoin was trading near $95,056 after slipping 0.48% in 24 hours but remaining up 4.51% over the week. If the price loses support around $94,249 and the daily bar closes near local support, technicians expect possible moves into the $94,500 and $92,000–$94,000 zones. Market focus is on how the weekly candle behaves around the $95,938 level, which could determine whether sellers gain more control.

A derivatives analytics report from Bybit and Block Scholes links a shift in market sentiment to bitcoin's move into the upper $90,000 band, with open interest across nine major coins surpassing $8 billion. Bybit's Risk-Appetite Index edged higher as traders opened more perpetual positions, while altcoin spot ETFs in ether, Solana, and XRP registered several consecutive days of inflows.

Bitcoin rebounded to about $97k after sliding from $126k to near $80k, easing pressure on short‑term holders as unrealized losses fell to roughly $65 billion. STH average drawdowns improved to 6.4% and Sell‑Side Risk printed 0.000875, while price stabilized around $95k with the 100‑day EMA near $95,942.

Dash fell to $76.21 as activity cooled, with trading volume down 24% to $1.36 billion and market capitalization slipping below $957 million. Derivatives open interest dropped to $162 million, with $20.38 million exiting and $3.4 million in liquidations, while Binance's taker buy/sell ratio was 1.002 and spot purchases reached $10.97 million.

On January 14, Bitcoin briefly climbed above $97,000, its highest level since November, prompting renewed debate over whether its long-observed four-year pattern is changing. Analyst Egrag Crypto assigns a 55%–65% probability that 2026 will close green if BTC can secure monthly closes above $105,000 while holding support near $90,000. Other chart watchers highlight this deviation from past cycles as BTC dominance rises and short-term holders take profits into strength.

According to the analysis, XRP is stabilizing above a major demand area in its USDT pair after an earlier-month rebound, but it has not reclaimed the broader supply zone near $2.40. Against BTC, the token remains in a downtrend, fading from 2,400–2,500 sats and hovering near 2,150 sats while momentum indicators ease.

Bitcoin is consolidating just under the $95,000 resistance zone after rebounding from its December lows, with the daily chart showing a clear pattern of higher lows. Technical structure now places BTC between a potential breakout toward the $100,000 area and a possible pullback toward support around $90,000, while on-chain data shows the share of supply in profit recovering from a deep reset.

Since January 16 (Friday), Bitcoin slipped into tight consolidation after failing to extend earlier strength. In a January 17 X post, XWIN Finance said the Kimchi Premium has flashed a long signal again, a pattern that preceded a 370% advance in 2023. BTC sits near $95,280 with little 24-hour change.

Shiba Inu closed below its 20-day moving average and the mid-Bollinger Band yesterday, shifting the setup toward a pullback. The lower band near $0.00000718 sits 14.36% beneath the latest $0.00000839 reading, a gap that often narrows unless a swift recovery occurs. Bulls now need to reclaim the 20-day level to avoid further slippage.