On January 15, 2026, Ki Young Ju highlighted on-chain signals that retail participation in Bitcoin has faded. By January 16, 2026, the market appeared subdued as larger holders accumulated, with smaller-wallet activity reverting toward long‑term norms. According to the article, spot Bitcoin ETFs saw early‑year inflows, while capital rotated to stocks and silver.

In mid-January 2026, BlackRock bought nearly 6647 BTC through its IBIT ETF to satisfy surging investor demand, lifting its holdings to about 781,000 BTC, close to 4% of circulating supply. IBIT and ETHA also saw $648.4 million and $81.6 million in inflows, as the firm moved 9,619 BTC and 46,851 ETH into custody; ETH traded near $3,335.

Bitcoin's Fear and Greed Index has climbed to 61, marking its first entry into the "greed" zone since early October 2025 and signaling stronger investor confidence. The move follows a rally that briefly pushed BTC close to $98,000 and has some analysts eyeing potential targets between $100,000 and $105,921, even as elevated greed may hint at overheating risk.

Bitcoin has strengthened in recent sessions, lifting price toward $97,000 after a period of persistent selling. According to a CryptoQuant analyst, the Bull Score Index is at 20, a reading observed only seven times over the past six years. With $100,000 in view, momentum looks to be stabilizing, but confirmation still depends on key technical thresholds.

Bitcoin climbed above $95,000 and $96,000, then posted a high at $97,898 before easing. It is holding over $95,000 and the 100 hourly simple moving average, with resistance at $96,200 and $97,000; supports sit at $95,000 and $94,000, while upside levels include $97,800, $98,800, $99,200, and $100,000.

Bitcoin moved above $97,000 after a firm break of the $94,200 resistance and a quick push toward $97,500. As of January 2026, Value Days Destroyed is near 0.53, indicating older coins remain largely inactive, according to CryptoQuant analyst Carmelo Alemán. Analysts remain cautious, warning the advance could still be a counter‑trend move within a broader bearish setup.

On-chain firm Santiment says Bitcoin entered its "Very Bullish" zone after sharks and whales (10–10,000 BTC wallets) added 32,693 BTC since January 10th, while retail (<0.01 BTC) sold 149 BTC. The divergence suggests large holders are backing the rally, as BTC briefly crossed $97,000 before easing to $96,900.

Bitcoin is trading around $95,600 after a rally that cleared nearly $800 million in short positions, leaving price action in consolidation above former resistance. Over the past 24 hours, total liquidations were about $332.6 million, with $272 million from longs and $60 million from shorts, pointing to a leverage reset rather than trend exhaustion.