Technical Analysis

The Sandbox's SAND recorded a 2.24% daily gain as trading volume rose over 113%, bucking broader market weakness. The token cleared a months-long declining structure and reclaimed mid-range levels, bringing the $0.20 area into view as derivatives interest builds and exchange outflows suggest steady accumulation.

Ether's price closed a daily candle under $3,000 on Tuesday while large holders and institutions accumulated more than $130 million in ETH. Despite this buying, technical levels near $3,000 have broken and liquidity data still point to possible downside toward the $2,700 area.

Strategy Inc. disclosed in a U.S. SEC filing that it acquired 22,305 BTC between Jan. 12 and Jan. 19, 2026, spending about $2.13 billion and lifting its total holdings above 700,000 BTC. Bitmine Immersion expanded its Ethereum position with a 35,268 ETH purchase worth $108.7 million, while XRP’s monthly chart is testing the $1.89 Bollinger Bands midline as a key support level.

As of January 21, 2026, XRP is trading close to $1.95, having bounced from support around $1.70–$1.75 while remaining below resistance near $2.31. The price is still in a broader corrective phase, but shrinking exchange inflows, neutral funding rates, and steady network activity point to fading sell pressure and a potential shift into consolidation. A daily close above the $2.20–$2.30 range could reopen $2.60, whereas a break below $1.75 would highlight deeper support near $1.60.

On January 21, 2026, Ripple CEO Brad Garlinghouse told CNBC at the World Economic Forum in Davos that the crypto market could set new all‑time highs this year. XRP traded near $1.90 as analysts highlighted institutional interest and a falling‑wedge breakout, with levels at $2.50 and a potential $5 target under discussion.

On January 21, 2026, ARK Invest CEO Cathie Wood said Bitcoin is "pretty well through" its latest down cycle, calling the recent pullback potentially the shallowest four-year decline in the asset's history. Bitcoin is trading around $88,383 near multi-month lows, while technical indicators still show a consolidation phase and key resistance near $97,000.

On Jan. 21, Bitcoin hovered around $88,000 support while several large-cap altcoins struggled against overhead moving averages. Peter Brandt said on X that BTC might revisit $58,000–$62,000, and Fundstrat's Tom Lee warned of a potentially painful 2026 even as he expects a strong year-end with a possible new all-time high. Buyers must defend critical floors or the nascent rebound could fade.

BitMine, a NYSE-listed company, has added $108 million in Ethereum to its holdings, taking its treasury to about $6.38 billion, with nearly all of it in ETH. According to the article, Ethereum funds recorded $496 million of inflows in the seven days to January 19, 2026, while a January 20 Arkham post flagged BitMine’s purchase, underscoring ongoing institutional accumulation.

Bitcoin saw a steep pullback this week, wiping out its 2026 gains as the price fell under the $88,000 mark on major exchanges. Data cited from CoinGlass shows that in the last 24 hours, 167,513 traders were liquidated and total positions worth $857 million were closed, mostly from leveraged longs. The sell-off unfolded alongside heightened tariff threats, bond market stress and a broader shift toward safe-haven assets.

According to Cointelegraph/TradingView, the BTC-to-gold ratio slid to around 18.5 ounces per Bitcoin on Wednesday, its lowest level since November 2023, as gold set a new high near $4,888 and BTC hovered above $90,000. Analysts including Charles Edwards, Decode and Bitwise's André Dragosch view the discount as unusual and say it may precede a rotation back into BTC.