Trading

Bitcoin's latest drop unfolded with unusually tight dispersion across major spot venues and stable session extremes. More than $500 million in long positions were liquidated in roughly sixty minutes across derivatives markets. The move looked dramatic, yet order books and arbitrage activity appeared orderly.

After a calm weekend, liquidity stayed thin and volatility subdued across majors. XRP's trading participation fell toward zero while price drifted under the 100/200 EMA. SHIB compressed near short‑term support with few obstacles overhead. Bitcoin's attempts higher lacked volume, facing repeated rejection near key daily moving averages.

According to the report, Bitcoin fell about 3% to around $92,000 during Monday's Asian session after President Donald Trump warned of new import levies on eight European countries. He outlined a 10% tariff from Feb. 1, with a potential increase to 25% on June 1 if no deal is reached, prompting risk-off moves across futures and Asian stocks.

Bitcoin slid under $93,500 after losing $95,000 and $94,000, and briefly dipped below $92,000 while remaining beneath the 100‑hour SMA. If $92,000 holds, upside hurdles sit near $93,000, $93,500 and $94,000, with scope toward $95,000; failure to stabilize risks tests of $91,800, $91,300 and the $90,000 area.

At 01:45 market open, Bitcoin dropped nearly $4,000 in one hour to $92,000 amid a $500 million liquidation of leveraged longs. Gold surged to a record $4,660 per ounce and silver reached $94 as traders sought havens. A 10% tariff on eight EU countries begins February 1 and rises to 25% in June.

Large holders amassed over 210 million ADA across the past three weeks while the token traded below $0.40. Price compressed near $0.38–$0.39 inside a multi‑month descending channel, with Binance top traders 72.52% long and the OI‑Weighted Funding Rate at +0.0018%. Momentum stayed weak, leaving a breakout above resistance as the key signal.

Over the week, Bitcoin and Ethereum rose nearly 5% and 7%, while several altcoins diverged. DASH led with a 115% surge to about $80, as Story [IP] and Pump.fun [PUMP] gained roughly 20% and 17%. Polygon [POL] fell nearly 14% to around $0.142, and Midnight [NIGHT] slipped roughly 12%.

On January 18, Bitcoin was trading near $95,056 after slipping 0.48% in 24 hours but remaining up 4.51% over the week. If the price loses support around $94,249 and the daily bar closes near local support, technicians expect possible moves into the $94,500 and $92,000–$94,000 zones. Market focus is on how the weekly candle behaves around the $95,938 level, which could determine whether sellers gain more control.

A derivatives analytics report from Bybit and Block Scholes links a shift in market sentiment to bitcoin's move into the upper $90,000 band, with open interest across nine major coins surpassing $8 billion. Bybit's Risk-Appetite Index edged higher as traders opened more perpetual positions, while altcoin spot ETFs in ether, Solana, and XRP registered several consecutive days of inflows.

Bitcoin rebounded to about $97k after sliding from $126k to near $80k, easing pressure on short‑term holders as unrealized losses fell to roughly $65 billion. STH average drawdowns improved to 6.4% and Sell‑Side Risk printed 0.000875, while price stabilized around $95k with the 100‑day EMA near $95,942.