Technical Analysis

Large Bitfinex accounts pared BTC longs after a late-December peak near 73,000 BTC, alongside an estimated 220,000 BTC decline in whale balances through 2025. Bitcoin is holding a tight $88,000–$92,000 band, with $94,000 viewed as near-term resistance. Some analysts map a prior spring-and-rally pattern that could extend toward $135k if confirmed.

At the start of 2026, Ripple’s XRP climbed above $1.90 and $2.00, reclaiming the fourth spot by market cap before stalling at $2.40. It has since pulled back but is holding near $2.10. Focus now is on whether $2.00–$2.05 can firm up as support while $2.35–$2.40 remains the key ceiling.

Ethereum is consolidating around $3,000 as tokenized assets on its network scale, with stablecoins near $190 billion and other segments measured in the billions. On January 10 and 11, 2026, Merlijn The Trader and Ted Pillows flagged a potential ETH rotation and a possible move toward $3,500–$3,600 if the $3,000 support holds.

On January 11, 2026, Bitfinex and Bitstamp data indicated large Bitcoin whales were unwinding leveraged long positions after a late‑month peak of 73,000 BTC. Analysts and firms including Coin Bureau, CryptoQuant, CoinShares, and Mercado Bitcoin linked the shift to potential bullish setups, with projections such as a path toward $135,000 and expectations of a doubled market cap in 2026.

Ethereum has moved sideways for months after setting a new all-time high in 2025, straining the patience of bullish holders. A technical study of Ethereum’s inverted monthly chart by Egrag Crypto points to an extended consolidation phase that could precede a rapid upside move. The analysis highlights $3,800–$4,500 as initial resistance, $6,000–$7,500 as a later target zone, and $1,800–$2,200 as a possible pullback area, with spot price currently around $3,100.

On January 11, 2026, Ethereum's Beacon Chain saw its staking entry queue rise to about 1.759 million ETH (roughly $5.5 billion), according to ValidatorQueue. The exit queue fell to zero, while price hovered near $3,000, with traders eyeing $2,700 if support breaks.

In 2026, Solana’s price action was increasingly driven by ETF inflows and renewed whale accumulation, even as key support zones came under pressure. The network processed around eight times more Daily Transactions than major rivals, while SOL traded near $136 on 10 January with downside levels flagged at $122 and $102. Clustered liquidity below $120 and weakening RSI and MACD pointed to rising downside risks if those supports failed.

Following December's governance turmoil, Aave fell 20% to $143 and over $500 million was wiped from its market value, while the top 100 addresses increased their holdings to 12.92 million AAVE, or about 80% of supply. At the same time, exchange balances and selling pressure have eased, and if price reclaims the $174 50-day moving average and holds $160 support, analysts see room for a potential move toward $210-$220.

Bitcoin has recently traded in a tight band between $90,000 and $93,000, with price action showing little decisive movement. Data indicates spot market inflows have dropped to a six-week low, while institutional investors have shifted from net buying to selling hundreds of millions of dollars in BTC. Despite weak broader sentiment, long-term holders remain largely inactive, helping to limit deeper downside for the cryptocurrency.

XRP fell for four straight sessions from a Jan. 6 peak of $2.41, touching $2.06 on Jan. 8. On Jan. 10, 2026, analyst Steph is Crypto said XRP is oversold, citing a three‑week chart with stochastic RSI below 25 and a weekly RSI crossover, and separately suggested a potential $5 target.