As we enter late December, a stifling atmosphere is prevailing across the entire cryptocurrency market. With the year-end holiday approaching, trading volumes have decreased, and major assets like BTC, ETH, and XRP are still lacking clear direction.
Latest Price Trends (as of January 9, 2026)
Bitcoin (BTC): $90.52K (24-hour change: +0.21%)
Ethereum (ETH): $3.10K (24-hour change: -0.74%)
XRP: $2.10 (24-hour change: +0.09%)
While institutional demand cools off, retail traders’ participation willingness also declines. The momentum of the previous upward trend has significantly slowed, and the overall market is shrouded in a heavy mood.
XRP Defense: Downward Pressure on Support Levels and Potential Rebound
Currently trading around $2.10, XRP is exploring direction within a narrow range. If the pressure persists, it is highly likely to test the $1.77 support zone, and a break below could accelerate selling pressure.
However, if market sentiment improves, there is a good chance to challenge resistance levels via $1.96. Despite the year-end market, the strength of key supports will be a critical turning point.
Ethereum Resistance: The Weight of Failing to Break the $3,000 Barrier
Ethereum is trading near $3,100, but this level still indicates heavy resistance at higher prices. Without a clear breakout above $3,000 and failure to reach the $3,200 resistance, the selling pressure is expected to remain dominant.
Investors’ net outflows continue, suggesting ongoing asset withdrawals. If the price breaks below support, $2,600 will become the next critical support line, and a decline to that level could cause significant psychological damage.
Bitcoin Stalling: The Difficulty of Surpassing $90,000 Revealed
BTC is at $90.52K but has not convincingly broken above the psychological threshold of $90,000. Decreasing trading volume and waning buying momentum have fueled skepticism about the recent upward trend.
A slowdown in wallet growth has also been observed, clearly indicating that institutional investors are pausing their aggressive buying. A scenario where BTC declines toward the $85,500 support area is becoming more realistic.
For the bulls to regain control, a clear daily close above $90,000 is essential, which would open up room for a rise toward the $93,000–$94,000 zone. Until then, cautious observation by traders is likely to dominate.
The Essence of the Christmas Market: Testing Major Levels in a Range
As the year-end approaches, the cryptocurrency market remains indecisive about a major trend reversal. Both institutional and retail investors are limiting active moves, and within this tension, a breakout is less likely than continued tug-of-war within narrow ranges.
Currently, several key levels are attracting attention: BTC $85,500–$90,000, ETH $2,600–$3,200, XRP $1.77–$1.96. Which side these levels break will be a decisive factor in the next major market turning point.
For investors, the key is to remain patient, observe reactions to these levels dispassionately, and maintain a cautious stance until clear signals emerge.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cryptocurrency Market During the Christmas Season: Price Movements of BTC, ETH, XRP and Key Levels Investors Should Watch
Overall Market Tension Continues, Year-End Cautious Stance Deepens
As we enter late December, a stifling atmosphere is prevailing across the entire cryptocurrency market. With the year-end holiday approaching, trading volumes have decreased, and major assets like BTC, ETH, and XRP are still lacking clear direction.
Latest Price Trends (as of January 9, 2026)
While institutional demand cools off, retail traders’ participation willingness also declines. The momentum of the previous upward trend has significantly slowed, and the overall market is shrouded in a heavy mood.
XRP Defense: Downward Pressure on Support Levels and Potential Rebound
Currently trading around $2.10, XRP is exploring direction within a narrow range. If the pressure persists, it is highly likely to test the $1.77 support zone, and a break below could accelerate selling pressure.
However, if market sentiment improves, there is a good chance to challenge resistance levels via $1.96. Despite the year-end market, the strength of key supports will be a critical turning point.
Ethereum Resistance: The Weight of Failing to Break the $3,000 Barrier
Ethereum is trading near $3,100, but this level still indicates heavy resistance at higher prices. Without a clear breakout above $3,000 and failure to reach the $3,200 resistance, the selling pressure is expected to remain dominant.
Investors’ net outflows continue, suggesting ongoing asset withdrawals. If the price breaks below support, $2,600 will become the next critical support line, and a decline to that level could cause significant psychological damage.
Bitcoin Stalling: The Difficulty of Surpassing $90,000 Revealed
BTC is at $90.52K but has not convincingly broken above the psychological threshold of $90,000. Decreasing trading volume and waning buying momentum have fueled skepticism about the recent upward trend.
A slowdown in wallet growth has also been observed, clearly indicating that institutional investors are pausing their aggressive buying. A scenario where BTC declines toward the $85,500 support area is becoming more realistic.
For the bulls to regain control, a clear daily close above $90,000 is essential, which would open up room for a rise toward the $93,000–$94,000 zone. Until then, cautious observation by traders is likely to dominate.
The Essence of the Christmas Market: Testing Major Levels in a Range
As the year-end approaches, the cryptocurrency market remains indecisive about a major trend reversal. Both institutional and retail investors are limiting active moves, and within this tension, a breakout is less likely than continued tug-of-war within narrow ranges.
Currently, several key levels are attracting attention: BTC $85,500–$90,000, ETH $2,600–$3,200, XRP $1.77–$1.96. Which side these levels break will be a decisive factor in the next major market turning point.
For investors, the key is to remain patient, observe reactions to these levels dispassionately, and maintain a cautious stance until clear signals emerge.