Between Jan. 5 and Jan. 9, institutional money flowed out of Bitcoin and Ethereum spot ETFs while moving into XRP and Solana products. Bitcoin spot ETFs recorded about $681 million in redemptions and Ethereum saw $68.57 million in outflows, compared with inflows of $38.07 million for XRP and $41.08 million for Solana. This rotation shows investors trimming exposure to larger assets and reallocating toward altcoins with newer growth narratives.

According to the analysis, the crypto market slipped into a weekend lull, with volatility muted across major assets. Ethereum is holding above $3,000, XRP is flashing a short-term 26/50 EMA cross, and Shiba Inu’s trading activity has thinned to near zero. The setup leaves traders watching key moving averages for confirmation.

Solana has seen its open interest climb to the $8,000,000,000 mark, signaling that traders are once again willing to deploy leverage on SOL despite prior drawdowns. While the price is attempting a recovery from the low $120s and remains below key long-term moving averages, futures positioning has shifted toward longs, especially among larger players, raising the risk of sharp liquidations if support around $130–$135 fails. With spot volumes still subdued and derivatives driving much of the activity, elevated volatility is likely as Solana's price action tests resistance in the mid-$140s.

On-chain data shows about $716 million worth of Shiba Inu currently held on centralized exchanges, raising concerns about potential sell pressure and limited bullish drivers. However, actual tradable liquidity is estimated to be closer to $100–200 million before slippage and disorderly price moves increase sharply. SHIB is attempting a modest recovery from recent lows but continues to face strong resistance near key moving averages as exchange reserves keep trending higher.

The crypto market is struggling with limited liquidity as large holders sell Shiba Inu, Bitcoin and Ethereum, putting pressure on any attempt at long-term recovery. Shiba Inu has faced its sharpest rejection since September 2025 at the 100-day EMA, while Bitcoin and Ethereum now rely on their 26-day EMAs as critical support zones. Holding these moving averages could help stabilize prices, but a breakdown may extend the corrective phase.

SHIB's bid to drop another zero quickly reversed, hinting at distribution and fragile demand. Ethereum is holding the $3,200 area despite overbought signals, while XRP's rebound shows hallmarks of a dead cat bounce. Momentum indicators and exchange inflow patterns point to potential traps for late buyers.

The Ethereum network is showing a strong structural shift as the validator exit queue has fallen to zero while more than 1.3 million ETH is lined up for staking. This combination reduces immediate selling pressure and reflects growing long-term commitment from participants, creating conditions that may support price stabilization or a future recovery.

XRP's current chart structure is starting to echo its roughly 40% advance from January 2025, with consolidation, rising volume and reclaimed moving averages hinting at possible continuation. At the same time, Ethereum is struggling to hold the $3,000–$3,100 area as declining long- and midterm averages and capped momentum leave this support exposed. Bitcoin has recovered in price but remains below major resistance, with analysts warning that renewed liquidity and institutional activity could quickly reverse recent optimism.

Shiba Inu has staged a strong price rebound, but several on-chain indicators now point to a possible halt in the move. Around 192,000,000,000 SHIB have recently flowed onto exchanges, and reserves have climbed back above 82,000,000,000,000 SHIB while activity growth in wallets and transactions remains comparatively muted. These combined signals suggest rising sell-side liquidity is not yet matched by long-term demand.