btcreview

According to analysts from Glassnode, the current market situation resembles that of 2022: back then, Bitcoin was trapped and struggled to overcome the bearish trend.
"The market cannot shake off constant pressure from sellers, which likely limits Bitcoin's ability to break the $90,000 level and approach the $100,000 mark," explained representatives from Glassnode.

The price of digital gold may correct to $60,000 against the backdrop of escalating trade tensions between the US and the EU. Such a scenario was suggested by macroeconomist Luke Gromen.
In his opinion, the international isolation of the United States and economic recession could also provoke massive selling and capital outflows from institutional investors.

On January 19, the price dropped from $95,467 to $92,263, losing 3.3%. Following Bitcoin, leading altcoins also entered the 'red zone.'
High volatility has led to mass liquidations in the futures market. In just four hours, traders lost over $870 million, with the main blow hitting long positions.

Stocks and crypto are entering one of the most dangerous combinations of news in recent months.
Two events are happening simultaneously:
1️⃣ Trump's new tariffs against Europe
2️⃣ US Supreme Court decision on the legality of these tariffs
And all this is happening at the moment the markets open. The recipe for extreme volatility is ready. Over the weekend, Trump announced new 10% tariffs on the EU. This is the first serious escalation in almost 3 months. The last time the market faced a tariff shock (October 10):

Why is Bitcoin falling today
A sharp decline $BTC below $92,500 was not due to one specific reason. Pressure on the market formed in several directions at once, which coincided in time and amplified the effect.
1. The escalation of the conflict between the USA and the EU over Greenland
The reason for the sell-off was statements by Donald Trump about the possible introduction of trade tariffs against EU countries. He demanded that Denmark start negotiations to expand American influence in Greenland.

The price of Bitcoin ($BTC ) started the week with a sharp drop. On Monday morning, January 19, the price of the first cryptocurrency plummeted from $95,500 to $92,500 in just a few hours. The decrease over 24 hours amounted to 2.6%.
The price of Ethereum ($ETH ) over the past day dropped even more sharply - by 3.2%. As of 10:40 MSK, the leading altcoin is trading around $3,200.

The crypto market is sending mixed signals again — altcoins are printing double-digit gains, while the giants — Bitcoin, Ethereum, and Solana — are barely moving.


At first glance, it looks like the leaders have lost momentum. But dig deeper, and the story is more about liquidity dynamics than weakness.



⚖️ 1️⃣ The Weight of Giants


Large-cap coins are heavy by nature.

To move $BTC, $ETH, or $SOL by 10–15%, the market needs billions in fresh inflows.


When liquidity returns after a correction, capital prefers “lighter” stories — mid-cap and small-cap tokens where the same money can create a more explosive chart.


It’s not that the big three are broken — they’re just too large to dance to the same beat as alts. Traders chase visible momentum, and right now, the smaller caps are where that momentum lives.



💰 2️⃣ Profit-Taking and Risk Rebalancing


Institutional and large retail players often use blue chips as hedges and collateral. After a market drawdown, these positions are the first to be adjusted.


When $BTC or $ETH attempt to rally, profit-taking kicks in fast — not out of fear, but out of discipline.

Meanwhile, many altcoins have already lost 60–70% of their value, leaving less overhead supply.


That gives them more room to bounce sharply — even on small inflows — while top coins face waves of controlled selling from cautious investors.



🔄 3️⃣ Narrative Rotation


Markets run on stories, not just liquidity.

After months of dominance by the majors, attention inevitably shifts to fresh narratives — AI, memes, modular chains, and new Layer-1 networks.


These smaller ecosystems promise higher short-term excitement, while BTC and ETH become the silent backbone — used for settlement, collateral, and stability, but not for spectacle.


This is not decay — it’s rotation.



📉 4️⃣ Does the Market Lack Liquidity?


Partially, yes.

Fresh capital inflows are limited — especially after recent liquidations and macro uncertainty. The market must choose where to deploy what little liquidity exists.


Right now, traders prefer focused bets over broad rallies. This makes altcoin moves look spectacular while the big caps grind sideways.


But there’s a silver lining: liquidity concentration reveals what’s actually attracting belief. The projects sustaining volume through this phase are likely to survive the next contraction.



🧭 Final Outlook


Weak growth in $BTC, $ETH, and $SOL is not a verdict — it’s a snapshot of where we are in the market cycle.


The majors are acting as liquidity donors, absorbing risk and providing structure, while altcoins take center stage in short-lived bursts of volatility.


Once real liquidity returns — through new money, ETF inflows, or macro easing — the rotation will reverse, and the flagships will reclaim momentum.


Until then, this is a market of sharp bursts and silent foundations.



#BTCReview #ETHOutlook #SOLAnalysis #AltcoinRotation #CryptoMarketWatch


Disclaimer: Includes third-party opinions. Not financial advice. For educational and informational purposes only. Always conduct your own research before trading or investing.

BlackRock's statement that spot bitcoin ETFs have become one of the key drivers of its revenue effectively underscores a shift in focus in the business model of the world's largest asset manager. This is not just about launching a new line of products, but about how crypto instruments are beginning to make a significant contribution to the overall stream of commission revenue for the company, competing in importance with traditional areas — classic index funds, bond strategies, and solutions for institutional clients.

There will be no serious crash of Bitcoin — at least, that's what macroeconomist Lyn Alden believes. While everyone panics over the decline

from $126,000 to $80,000, the expert calmly explains why the 'big capitulation' is not a threat to us.
Lyn Alden talked about euphoric levels when the cryptocurrency price rises for an extended period, and traders believe that it will always be this way, buying coins en masse at their peak value. This frenzy inevitably ends with a sharp market crash. Alden explained that in this market cycle, Bitcoin did not reach euphoric levels, so there is no reason to expect serious capitulation from traders.

The risk-return ratio $BTC has become the most attractive since mid-2023. This is evidenced by data from CryptoQuant.

The Sharpe ratio has fallen into negative territory for the first time since June of last year. An analyst under the nickname MorenoDV noted that a similar market structure was observed in 2019, 2020, and 2022. During those periods, the indicator remained at low levels for an extended time before the formation of multi-month upward trends.

Bitcoin fell again to the $91,000 zone on Tuesday, after a failed attempt to recover above $94,000 earlier in the day.
Fresh data shows that despite improvements in key demand indicators, strong selling pressure remains near a critical resistance level.
Bitcoin under pressure
The pullback occurred after an unsuccessful attempt to break above the $94,000–$95,000 range — order book data revealed nearly $100 million in sell orders concentrated at major exchanges within this corridor.

The fixation of a net outflow of funds from spot Bitcoin ETFs amounting to approximately $3.46 billion at the end of November indicates a noticeable cooling of demand from institutional and retail investors using these instruments for exposure to BTC. In academic discourse, such dynamics are interpreted as a change in the balance of flows: the dominance of redemption requests for fund shares over new subscriptions reflects either profit-taking after previous periods of growth or an increased tendency to reduce risk amid heightened volatility and uncertainty in the cryptocurrency market.

Arthur Hayes has once again rolled out his signature "20-page essay, but the essence can be summarized in two sentences."
Let me explain it to you in simple terms:
$BTC lives on dollar liquidity. Not on memes, not on ETFs, not on short sellers — it's about whether the USA is printing money or not.
Hayes commented on the statements:

It cost $BTC to abruptly leave the highs, as the charts of companies with large BTC reserves turned into a textbook on what 'paper profit' is. What just recently looked like hundreds of millions in profit on the balance sheet, within a few weeks of downturns turns into hundreds of millions of unrealized losses. And the market instantly changes its optics: companies that were recently praised for their 'bold strategy of digital gold on the balance sheet' begin to be portrayed as potential bankrupts. But essentially, we see not magic, but ordinary mathematics: when the value of a key asset on the treasury account is tied to a volatile market, reporting turns into a cardiogram of the bitcoin price.

By the end of the year, $BTC still has chances for an attempt to break through and consolidate above the mark of $100,000 per coin. This scenario is based on a combination of several factors: a structural reduction in supply due to halving, the growing role of spot ETFs, as well as a gradual expansion of institutional demand. Given favorable macroeconomic conditions and sustained interest in risk assets, the market is theoretically capable of forming another wave of an upward trend aimed at recovering quotes above the psychologically significant level of $100,000.

If you open any discussion about crypto, you quickly notice how the tone changes: instead of the usual "when is the new high?" it increasingly sounds like "how much further will we fall?". This is a classic regime shift — the market gradually transitions from euphoria to a phase of disappointment and fatigue. People see a weak reaction to good news, failures after any attempts at growth, and start to perceive every bounce as a breather before a new decline. In this atmosphere, the narrative "the bear market is already here" becomes a convenient explanation for what is happening: it allows one to rationalize the pain compared to the previous peak and to prepare for a scenario where a rapid miraculous recovery does not come.

$BTC #BTCReview #CryptoMarketAnalysis #Trump #TrumpTariffs
The escalation of the trade war between the USA and China in early October triggered a cascade of liquidations in the cryptocurrency market, crashing prices. Now, a reduction in macroeconomic risks could launch a bullish rally for Bitcoin, the expert noted.
Another factor that, according to Dawson, may lead to a sustained positive trend for the first cryptocurrency is another reduction in the Federal Reserve's interest rates. In such a scenario, speculative interest in traditional financial instruments decreases, prompting investors to adopt riskier strategies, including cryptocurrencies.

He compared the current dynamics $BTC with the bearish cycles of 2018 and 2022. The blue line represents 2025. The gray lines are past cycles. The movement nearly matches in timing.

The chart shows three repeating phases:
• December–January. Accumulation zone. Prices are pushed down, the market is being cleaned out, smart money is building positions.