2026 begins, and the crypto market continues to move forward amid the battle between bulls and bears. Bitcoin surged past $93,300, hitting a new high for the period, with the $94,000 resistance level and the $88,000 support level becoming the two key lines traders are focusing on. Perpetual contract funding rates soared to a stage high, and market sentiment shifted from the previous "fear" to "neutral," but beneath this calm surface, undercurrents are brewing.



The actions of the whales best illustrate the situation. On one side, approximately $2.4 billion worth of BTC and ETH flowed into a major exchange last week, with the average deposit size increasing significantly, indicating clear sell pressure preparations. On the other side, three new wallets withdrew 752 BTC from the exchange, equivalent to $70.3 million, seemingly positioning for long-term holding. Meanwhile, 33,800 SOL (about $4.66 million) quietly transferred out. This opposing scenario of inflows and outflows precisely reflects the market's true divergence.

Stablecoin inflows amounted to only $42 million, far below expectations, indicating a clear lack of new buying power. While funds are in dispute, major sectors are rapidly rotating. Meme coins' popularity is waning, replaced by AI concepts, RENDER, SUI, and XRP, which have gained momentum, with 24-hour gains of 20%, 15%, and 10%, respectively. Some analysts point out that this rally is driven by crypto institutions, but whether it can continue depends on the capital flow into Bitcoin spot ETFs.

The current market landscape is quite clear: prices are rising, and expectations are stable, but there is significant disagreement over funds. Sellers and buyers are in confrontation, with Bitcoin's dominance and sector rotation unfolding simultaneously. The ultimate outcome depends on whether new funds—especially stablecoins—can enter the market on a large scale to absorb the supply.
BTC0,02%
ETH0,05%
SOL-0,16%
RENDER-1,34%
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pvt_key_collectorvip
· 01-09 15:18
Whales are transferring funds, retail investors are guessing, this is the current state of the crypto market. Stablecoins are only 42 million? This new rookie isn’t even that new. Can the AI concept really catch this round of market movement? It feels a bit uncertain. Whether $94,000 is broken or not is the key; otherwise, it’s all just bluffing. $2.4 billion flowing into exchanges, can’t you see the sell signals are so obvious? Meme coins are dead, is XRP really about to take off? I still remain skeptical. There’s a huge divergence in funds, sellers are firmly holding down the price, new funds haven’t arrived yet. This move is by institutions; we can only follow the rhythm, don’t think about bottom fishing. Why is no one discussing why SOL is still falling? Feels like I got cut again. Stablecoins only have this much inflow, indicating everyone is watching from the sidelines. Who dares to really take the plunge?
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TokenTaxonomistvip
· 01-09 09:28
actually, the stablecoin inflow numbers don't pass my taxonomic rigor test. 42m is... statistically speaking, a complete joke for this market cap. let me pull up my spreadsheet real quick—data suggests otherwise on that "neutral sentiment" claim.
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ProbablyNothingvip
· 01-06 15:55
Whales are at it again, dumping coins and withdrawing funds. Honestly, they are just testing the bottom. Let's wait until stablecoins really arrive. Right now, this 42 million is indeed a bit awkward. The rise of AI and RENDER looks exciting, but it depends on institutions to sustain it. How long it can last is uncertain. Is this wave of Bitcoin a real breakout or a trap? It depends on whether the 94,000 level can hold. The conflicting sentiments among funds are so obvious, indicating that there is no unified expectation yet. I prefer to wait a bit longer.
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ChainBrainvip
· 01-06 15:49
Whales are fighting, retail investors are watching the show. This is the current situation. Pouring 2.4 billion in and expecting to dump the market? My friend, you're dreaming. Stablecoins are only 42 million? The capacity to absorb shocks is indeed insufficient. It's AI and SUI again, switching back and forth like cutting chives. I still prefer sleeping peacefully with BTC. While the differences in funds are significant, the real test has not yet arrived. Basically, it's a matter of waiting to see who breaks first—94,000 or 88,000, choose one. The true turning point will come when ETF funds arrive. Right now, it's all just bluffing.
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RugPullAlarmvip
· 01-06 15:42
2.4 billion USD poured into exchanges, this move... I really want to see who is behind these whale addresses, they must be brewing some new tricks again. Only 42 million in stablecoins? What purchasing power will they use to take over? The true flow of funds can only be understood by analyzing on-chain data, don’t believe analysts’ nonsense. 751 BTC quietly withdrawn, I need to track the transaction history of these three new wallets... Something feels off. AI and SOL take turns rallying, the influence of institutional pushers is too strong, this kind of rotation is likely just wash trading, be careful, small investors, don’t get caught last. Funds confrontation, neutral sentiment, stablecoin gap... Tsk, this pattern is basically waiting for new retail investors to enter, so classic.
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