📊 Market Update (Today 12 January 2026)
Bitcoin is testing the $92,000 resistance zone, gaining on the day but still range-bound overall. Analysts see the $90K–$95K range as key support/resistance — bulls defending $90K, while sellers take profit near the highs.
Market breadth still mixed: broader crypto bear pressure even as BTC makes modest gains.
Ethereum trading around $3,156–$3,250 region with slight upside today, outperforming some altcoins on percentage moves.
Technically ETH shows potential for higher targets (~$3,280–$3,350) short-term if support levels hold — key pivot zones just above current prices.
📈 Technical & Sentiment Highlights
Consolidation mode (~$88K–$92K) with mild drawdown compared to prior cycles, hinting at resilience but limited momentum breakout.
Short-term volatility tied to macro catalysts (US jobs data, Fed expectations), which could steer risk appetite.
Bullish technical indicators remain intact with RSI in neutral/bullish zone and support near major moving averages — suggesting room for upside continuation.
Some market models still show a broader bullish bias for ETH heading into mid-January if momentum holds.
🔗 Correlation & Flows
Recent ETF flows show net outflows from BTC & ETH spot products, meaning some capital rotation and profit-taking from institutional channels.
Despite this, BTC dominance ticked up, showing traders still lean on BTC as a market benchmark.
📍 Binance-Style Key Levels
📌 Support: $90,000
📌 Resistance: $92,800–95,000
🧠 If BTC breaks above $95K convincingly → next leg higher likely.
📌 Support: ~$3,060–3,100
📌 Resistance: ~$3,280–3,350
🧠 Close above $3,300 could shift sentiment back to mid-$3,500 targets.
🧠 Market Mood
Short-term: cautious bullish on BTC & ETH with range-bound trading.
Medium-term: bias tilting slightly bullish if macro data supports risk assets.
Key trigger events: US economic data (jobs/inflation), movements in equity markets, and ETF flow changes.
