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.

Ethereum is seeing accelerated liquidity inflows and accumulation, yet ETH hovers around $3,200. Bridged inflows reached $35 million in the past 24 hours; TVL climbed $6.52 billion from 1–7 January, and institutions added $457.2 million between 4–7 January. Spot exchange outflows stood at $108.66 million by press time, signaling stronger holding conviction.

After a near 72% yearly decline and a quarter-long downtrend between October and December 2025, FLOKI has rebounded with an 18% daily gain. Technical indicators such as SAR, MFI, and A/D now point to both renewed upside potential and lingering bearish pressure, leaving questions about how long the rally can last.

SPX6900 recorded a 16% price rise as fresh capital flowed into both its spot and perpetual markets, with open interest in perpetual contracts climbing 15% to $42 million on 4 January. Exchange data showed more SPX leaving trading platforms than entering, while short traders lost about $100,800 compared to $5,800 for longs, yet funding rates stayed negative, indicating ongoing short-side dominance.

MYX Finance's token climbed 68% in one day, driven largely by a sharp rise in perpetual futures volume and higher open interest. Technical indicators such as Bollinger Bands and Accumulation/Distribution now signal overbought conditions, while on-chain data show protocol revenue of just $5 since the start of January. This disconnect between speculative demand and weak fundamentals raises the risk of a price retracement even after the strong rally.

Bitcoin’s price has stayed between $85,000 and $90,000 in early 2026 while on-chain and risk metrics move into historically low-risk zones. The Sharpe Ratio has turned negative and the two-year MVRV-Z score has dropped toward past bottom regions, as long-term holder selling slows and exchange reserves fall to about 2.5 million BTC. These conditions may support continued accumulation and set the stage for a potential rebound, though a strong upside move could be limited until overall market capitalization expands further.

Bitcoin fell about 32% from its $126,000 ATH and settled into a $85,000–$90,000 range after selling intensified on 10 October and through Q4 2025. Long‑term holders briefly flipped from distributing to buying, while U.S. spot ETFs saw $1.12 billion in outflows (17–29 December) followed by a $335 million daily inflow, shaping the Q1 2026 outlook.

Bitcoin's spot and perpetual flows are sending mixed signals, with spot buyers adding about $113.23 million in the last two days and December purchases exceeding $4.11 billion. Shorts lost $40.56 million versus $2.47 million for longs, while a 0.0077% positive funding rate and a >1 Taker Buy/Sell Ratio keep buyer bias in play.

On Oct 6, Bitcoin peaked at $126,000 and has since fallen 32%. According to CryptoQuant, U.S. spot Bitcoin ETFs logged $5.5 billion in cumulative outflows, cutting AUM to $116.58 billion from $163.27 billion, while a BlackRock-linked investor cohort recorded six inflow days over the past twelve days. Glassnode also notes sustained retail accumulation.