Key Points
Bitcoin held the low-$90,000s even after a heavy week of spot ETF outflows, suggesting dip-buyers are absorbing supply.
A privacy bid dominated the altcoin story, with Monero and Zcash surging while several large caps lagged.
Short-term charts improved, but the weekly structure still looks like repair, not a clean breakout.
Bitcoin traded around $91,486, up about 0.9% on the day after swinging between roughly $90,191 and $92,491. Ether followed with a firmer tone at about $3,139, while Solana outperformed near $141.6.
XRP and Litecoin were softer, with XRP around $2.06 and LTC near $78.6. The key backdrop was flows. Major spot Bitcoin ETF trackers showed roughly $681 million of net outflows for the Jan. 5–9 week.
Spot Ether ETFs were also net negative at about $68.6 million. Yet Bitcoin did not break down. That suggests spot demand and derivatives positioning are cushioning selling pressure rather than amplifying it.
Bitcoin Held The Low-$90Ks As Privacy Coins Led A Split Crypto Tape. (Photo Internet reproduction)
Solana-focused ETF products, by contrast, logged a modest net inflow of about $41.6 million over the same week. Under the surface, crypto traded more like equities on a volatile day: sharp winners and sharp losers.
Monero jumped around 17.7% and Zcash rose about 7.0%, reinforcing a renewed focus on privacy infrastructure. Zcash’s move also came with extra sensitivity after weeks of governance controversy and developer churn.
That has left positioning jumpy and liquidation-prone. Other standouts included IP up about 25.6% and RIVER up about 16.9%, while POL fell nearly 14% and HYPER dropped close to 12%.
Bitcoin Cash slid about 4.3% and several mid-caps drifted lower, underscoring the dispersion. Technically, the timeframes still disagree. On the 4-hour chart, momentum improved as price bounced off the low-$90,000s.
The daily chart also showed stabilization. But the weekly chart remained heavy, arguing for a range and rebuilding phase. Nearby levels to watch are the mid-$90,000s as resistance and the high-$80,000s as support.
Derivatives desk QCP said U.S. sessions have “consistently faded recent advances,” even as demand has clustered in late-January upside calls around $100,000.
The next decisive move may depend on whether flows turn, or U.S. inflation data this week reshapes risk appetite.
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