January 28 News, Bitcoin (BTC) experienced a technical rebound after reaching a phased low on January 25. As of press time, the price has risen approximately 3.74%, trading near $89,300. Previously, U.S. President Trump stated after a meeting with NATO Secretary General Mark Rutte that no new tariffs would be imposed in the short term. This statement has somewhat alleviated macro-level uncertainty and provided a breathing space for risk assets.
However, the market structure has not shown substantial improvement. Data indicates that the funds held by whale addresses continue to rise, while small and medium-sized holders are gradually exiting the market, with clear signs of capital divergence. Although geopolitical tensions have eased somewhat, Bitcoin’s ability to stay above $90,000 still heavily depends on sustained and strong spot capital inflows. The upcoming Federal Reserve FOMC meeting may further amplify price volatility.
Several on-chain analysts remain cautious about the current market. CryptoQuant analyst Julio Moreno pointed out that multiple classic models once considered as “cycle top guides,” including S2F, power-law models, M2 liquidity indicators, and business cycle indicators, are increasingly failing. He believes that the market keeps changing narratives to reinforce bullish beliefs but ignores the underlying trends reflected by the data—Bitcoin is still in a bear market environment.
Analyst Axel Adler Jr also warned that the chill in the crypto market is deepening. Compared to the 2017 and 2021 cycles, Bitcoin’s highest position on the rainbow chart in this cycle has only remained in the “accumulation” zone, far from reaching historically extreme overvaluation areas. This suggests that if the bear market thesis is correct, the current cycle’s price structure may have already deviated significantly from past patterns.
Meanwhile, the Pi cycle indicator, which has accurately captured tops multiple times, has yet to signal a sell, further intensifying market divergence. Unless Bitcoin truly surges past $150,000 in 2026, the dislocation among various indicators may indicate that a more complex and prolonged correction phase is still underway.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin stabilizes above $70,000, IEA may release the largest-ever crude oil reserves, global risk asset sentiment improves
Bitcoin recently broke through $70,000 again, influenced by changes in the energy market. Its price once reached $71,612 before falling back to $70,036. The market sentiment is related to discussions with the International Energy Agency about releasing strategic oil reserves, and the decline in Brent crude oil prices is seen as a signal to reduce inflation pressure. The market is focused on the Federal Reserve policy meeting, with expectations that if oil prices remain below $90, it will create room for interest rate cuts.
GateNews16m ago
Bitcoin derivatives market turns bullish, traders bet on BTC surging past $80,000
Bitcoin market sentiment is improving, with more traders expecting the price to break above $80,000 in the coming months. The options market signals a bullish bias. Currently, Bitcoin is trading near $70,000, and analysts believe that if the bullish sentiment continues, a new directional move may emerge in the future.
GateNews18m ago
A newly created wallet transferred 2,000 BTC from a CEX, worth approximately 140 million US dollars.
Gate News Report, March 11 — According to Lookonchain monitoring, a newly created wallet address "3CziMF" withdrew 2,000 BTC from a certain CEX, worth approximately $140 million.
GateNews44m ago
"Pig-butchering" scam leader Lawyer Chen Zhi submits a motion to the U.S. court, requesting the dismissal of the government's seizure of his Bitcoin.
Chen Zhi's lawyer filed a motion with the U.S. Federal Court in New York to dismiss the government's seizure of the Bitcoin he controls, arguing that there is a lack of evidence supporting the fraud charges and questioning the timeline of the seizure. Last year, the U.S. Department of Justice announced the forfeiture of 127,271 Bitcoins, worth approximately $15 billion. Human rights organizations warn that after the scam camp was shut down, many trafficked workers face the risk of re-sale.
GateNews1h ago
Netflix Blocks Bitcoin Sponsors from Boxer's Gear During Jake Paul vs Anthony Joshua Broadcast
Netflix prohibited Bitcoin-related sponsors from appearing on professional boxer Justin Cardona's fight trunks and gear during the December 19, 2025, Jake Paul vs Anthony Joshua event, forcing last-minute changes just one week before the bout despite prior approval of the sponsorships.
CryptopulseElite1h ago
