Shiba Inu is stabilizing near local support after a prolonged decline, indicating that bearish momentum is easing even though the token remains below major moving averages. Ethereum is consolidating in a tight range near key resistance levels, where its next move could shape the medium-term trend, while XRP continues to hover around $2 without a decisive breakout. Overall market structure suggests potential for recovery, but prices for these assets still sit at critical technical crossroads.

Total crypto capitalization is struggling to hold the $3 trillion mark after several days of broad selling. Bitcoin remains capped by the $90,000-$95,000 range and shows fading momentum near support, while Ethereum has dropped below $3,000. Positioning has turned defensive as ETF and derivatives flows weaken and sentiment shifts toward fear.

Since November 2025, large Ethereum holders have been steadily accumulating ETH, with one OTC whale address recently adding 20,013 ETH worth about $59 million while price action remains subdued. Validators are largely staying put, the exit queue is almost empty, and entities such as Bitmine are reportedly active without offering public explanations, leaving the motives behind this sustained buildup unclear.

XRP has formed a double bottom around $1.90–$2.00, signaling potential consolidation before any breakout. Shiba Inu is testing a well-defined support where an uptrend could develop if buyers defend and volume behavior improves. Bitcoin faces a decision zone near $90,000, with a sustained recovery above that threshold needed to avoid further downside risk.

Ethereum has revisited $3,000, with momentum still fragile. Traders are watching the 50-day and 200-day EMAs for confirmation, as volume remains moderate and price action shows hesitation. A sustained break above the 50 EMA could help secure the level, while a move over the 200 EMA would signal a broader shift toward optimism.

XRP's on-chain activity has intensified, with the XRP Ledger processing more than 2.35 million transactions in the past day while price approaches the lower bound of its recent range. Payment counts remain near the high end of annual levels, suggesting durable network usage amid market pressure.

Ethereum has wiped out roughly a month of gains after falling under the $3,000 mark, putting its recent recovery structure at risk. Shiba Inu's persistent downtrend is losing momentum as selling volume thins out, while Bitcoin trades on a critical support zone that could define its next short- to midterm move. Market conditions show compressed volatility and weakening bearish pressure, leaving buyers and sellers in a fragile balance.

XRP payments reached 1.346 million over the past 24 hours, with total transactions climbing to 2.57 million, signaling a notable rise in network usage. While price action remains near key support and looks heavy, on-chain activity has been making higher highs and diverging positively from the chart. This pattern has often appeared during continuation phases, suggesting the ongoing XRP rally may still have room to extend.

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.