Bitcoin dropped to about $81,500 on Thursday, January 29, then rebounded above $93,000 on Friday, January 30. In a CryptoQuant Quicktake, CryptoOnchain said Binance's Estimated Leverage Ratio surged to 0.188 during the sell-off, signaling higher liquidation risk. The analyst added that the market is in a high-tension zone and a squeeze could be imminent.

On January 25, analyst Ali Martinez wrote on X that Bitcoin could bottom near $31,000 in 2026, pushing back on supercycle narratives tied to CZ's outlook. His view relies on repeating price fractals and parallels to 2021–2022 action, implying a drawdown of nearly 65% from a quoted price near $88,528.

Bitcoin has traded between $90,000 and $88,000 in recent sessions, with the price near $88,520 after a drop of over 1% in 24 hours. On-chain metrics show Accumulator Address Demand at an all-time high and the monthly Liquidity Inventory Ratio on US exchanges at 3.8, signaling strong whale buying pressure.

Bitcoin struggled over the past week around the $90,000 psychological level, and its upside momentum faded. According to a recent post on X by Alphractal CEO Joao Wedson, the "Days Spent at a Profit" reading near 355 implies room for further downside, potentially below $60,000. As of writing, BTC is about $89,900, down over 5% on the week and nearly 30% from the $126,080 all-time high.

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.

On January 18, analyst Ali Martinez shared on X a setup suggesting SUI could break above roughly $1.84 and aim for $2.29. The token moved between $1.70 and $1.90 over the past week, and was around $1.78 with a 0.9% daily dip. Martinez's view hinges on a bull flag continuation pattern.

This week, Bitcoin climbed back above $97,000 for the first time since November 2025, after clearing the $94,000 technical barrier. On January 16, analyst Darkfost highlighted that the short-term holder realized price, now around $102,000, is a key on-chain level that could drive whether recent buyers hold or sell as they approach break-even. Glassnode's Chris Beamish added that reclaiming this cost basis is important for renewed bullish momentum, with Bitcoin currently trading near $95,300.

Bitcoin has remained below its 50‑week Simple Moving Average for nine consecutive weeks, raising caution as extended periods under this level have historically preceded 50%–70% pullbacks. BTC was around $90,352 with no daily change, and a sustained reclaim of the 50‑week average would improve the outlook. If history rhymes, a move toward $50,000 is possible.

US spot XRP ETFs set a new weekly trading record at $219 million, according to the latest market data. Despite a net outflow of $40.8 million on Wednesday, January 7, the funds added $38.07 million for the week ending January 9 and have amassed $1.47 billion in total net assets since mid-November 2025.