The Battle Around the $90,000 Level of Bitcoin: A Market Analyst's Perspective

2026-01-13 09:56:17

Bitcoin price movement in early January 2026 continues to spark significant discussions among investors. On December 29, 2025, Bitcoin briefly approached $90,000, then retreated to $87,871, remaining below a critical resistance level. Current data shows Bitcoin is trading at around 92.16K, indicating a partial recovery after recent volatility.

A New Perspective on Long-Term Cycle Understanding

Recent statements by a CEO at Bitwise emphasize that the traditional four-year crypto cycle theory needs updating. According to this view, market dynamics have shifted toward a slower, more stable ten-year gradual upward trend. Such a shift in perspective aligns with a potential retracement similar to the 2019 environment if Bitcoin cannot stay firmly above $90,000.

Competition and Support Levels in the Solana Market

Looking at Solana (SOL), the current conditions appear quite challenging. SOL is trading around $141.50, having gained approximately 6.81% over the past 30 days. However, there has been a significant decline compared to the recent monthly high. Although the DeFi protocols at the core of the Solana ecosystem have seen total value locked (TVL) decrease to $23.8 billion, this level remains supportable. Additionally, ETF inflows, a sign of institutional interest in Solana, dropped to $13.1 million last week, indicating the need to maintain the $120 support level.

All analyses suggest that if Bitcoin breaks and sustains above $90,000 and Solana does not fall below the $120 support, market participants could experience a more stable period.

BTC4,27%

SOL3,91%

View Original

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.