Technical Analysis

Morgan Stanley filed paperwork on Tuesday to list exchange-traded funds tied to Solana and Bitcoin, marking its first products of this kind in the U.S. SOL funds have drawn $801 million within six months, while Bitwise's BSOL leads with $730 million and a 6.75% staking yield. According to TradingView, SOL rose 9% over the past week to $138, with $5.5 billion in volume.

Perplexity’s AI model has outlined new price projections for XRP, Sui Network and Shiba Inu for the end of 2026, suggesting all three altcoins could register fresh all-time highs in an expected bull market. The bot sees XRP potentially reaching $9 from around $2.19, SUI climbing from $1.85 to about $9.26, and SHIB surging toward $0.00009 if key resistance levels are broken. These scenarios are based on recent momentum, technical indicators and ecosystem developments, and do not constitute investment advice.

During Monday's session, Shiba Inu briefly moved back above $0.00001 for the first time in 56 days before slipping to around $0.0000087. The bounce, driven by short-term speculation, coincided with a bullish flip in the 50-day SMA, while analysts now monitor a possible breakout from a 21-month falling wedge that could imply upside scenarios of roughly 270% to 430%.

Solana registered $6.701 billion in 24-hour DEX volume, surpassing the combined activity of all L1 and L2 networks, while SOL nears the $150 resistance. Over the same period, Solana ETFs saw $801.31 million of inflows and open interest rose, pointing to deeper participation as traders evaluate whether price can clear this level.

In the first days of January 2026, Bitcoin accumulator addresses absorbed roughly 60,000 BTC while miners transferred about 33,000 BTC to Binance. This tug-of-war between renewed accumulation and rising miner outflows is unfolding as BTC trades back toward the low-$90,000 range, with on-chain flows and sentiment data pointing to a cautious but stabilizing market.

Bitcoin finished 2025 slightly negative at −6.36%, and prior cycles show years following drawdowns delivered gains of 35%, 95%, and 156%, averaging near 95%. Jesse Myers and Sminston With flag models that outline a $200,000–$300,000 base-case for 2026. Meanwhile, CryptoQuant metrics point to subdued momentum, with a 30-day average return of 0.0016 and a Sharpe-like ratio around 0.09.

On Monday, Bitcoin was rejected near $94,789, and on Tuesday spot BTC ETFs posted $243.2 million of outflows following $1.16 billion of inflows in the year’s first two trading sessions, according to Farside Investors. Santiment said whales and sharks have added 56,227 BTC since mid-December, while several large-cap tokens are expected to test support at nearby moving averages.

As geopolitical frictions escalate and traditional financial systems face pressure from state controls, Bitcoin is increasingly viewed as a politically neutral hedge and monetary insurance. Analysts note BTC's recent rebound toward a seven-week high near $94,725, with price currently around $93,740 and key support highlighted at $91,000 and $87,800. Market commentators also stress long-term holding through multiple 50% drawdowns and discuss supply zones that continue to cap upside momentum.

On January 7, 2026, Bitcoin slid to lows of $90,986 after facing rejection near the $95,000 resistance, before recovering to around $91,300. The move followed earlier gains tied to MSCI's decision not to remove certain crypto-treasury firms from its benchmarks and news of Morgan Stanley's spot Bitcoin and Solana ETF filing. Technical indicators on the 4-hour chart suggest sellers currently have an advantage, with key levels now clustered around $90,000 support and potential upside toward $95,000 and $100,000.

During early Tuesday afternoon trading, an 11,900% liquidation imbalance wiped out around $4.92 million in Dogecoin longs against roughly $42,000 in shorts, triggering a sharp leverage reset around the $0.15 level. With bulls defending support near $0.145–$0.15 and a descending triangle pointing to a potential breakout above $0.225, technical signals now outline upside targets near $0.50 and a possible extended move toward $1.