$BTC  closed January down 10%, while Ethereum saw a deeper drawdown of 17.5%.

What stands out isn’t just the losses —
it’s when they happened.

Most of the decline came right at the end of the month,
catching late buyers off guard and shifting short-term sentiment fast.

This wasn’t a slow bleed.
It was a late, aggressive reset.

Now the focus moves to whether this was
end-of-month positioning…
or the start of a broader correction.

February will give the answer.