Bitcoin ETFs have seen more than 100,000 BTC leave their holdings since the start of 2026, according to CryptoQuant.

This marks the largest decline in ETF reserves since these products were launched. From their peak in October 2025, total holdings have dropped by more than 160,000 BTC.

CryptoQuant estimates unrealized losses across these positions now exceed $11 billion. With the average entry price around $73,000, many ETF investors are currently holding Bitcoin at a loss.

XRP is still trading near the key $1 level. After recently dropping to $1.01, the price has recovered slightly to around $1.04, but it remains at its lowest levels in 19 months.

Despite the weak price action, the XRP Ledger saw 4,941 new wallets created in a single day. It was the biggest daily increase in more than three months.

Market sentiment has also improved. Many traders now see the $1.00–$1.05 range as a buying opportunity, and excitement around XRP has reached its highest level in three months.

The renewed optimism is supported by expectations of a possible ETF, growing institutional interest, and XRP’s history of making strong rebounds after long periods of weakness.

Bitcoin’s current path in 2026 is showing clear behavioral similarities to previous bear market years 2014, 2018, and 2022.
Just like seasonal cycles in nature, markets exhibit recurring patterns and fractals across different cycles. While history never repeats exactly, it often rhymes strongly enough to serve as a valuable framework.

When price action begins to mirror past midterm and bear market periods, it’s worth paying close attention. Seasonality doesn’t predict with certainty, but it reveals the market’s rhythm before most participants notice it.

Selling activity from Bitcoin holders who have kept their BTC for more than five years continues to slow down.
Long-term holders were behind several major distribution waves during this cycle, with the biggest peaks recorded in May 2024, February 2025, and September 2025.
The 90-day average has now fallen to 962 BTC, the lowest level since November 2024.
More early Bitcoin holders appear to be holding their coins instead of selling, reducing selling pressure on the market.

BTC/USDT 1D Timeframe

I expect the current selling wave to continue, especially as the 7 EMA moves closer to crossing the 30 EMA from below. If this scenario plays out, Bitcoin could decline toward a stronger buyer zone in the $57,000–$54,000 range.

The reason behind this outlook is the broader market environment. Most major earnings reports have already been released, the SpaceX IPO is behind us, and the stock market appears increasingly overextended after a strong run. At the same time, there are currently no clear catalysts that could support another significant leg higher. A correction would be a natural development under these conditions.

Since the crypto market often moves in line with equities, weakness in traditional markets could continue to put pressure on digital assets as well.
This week is expected to be relatively quiet from a macroeconomic perspective, with no major economic data releases scheduled. The key factor to watch remains geopolitics, particularly developments in relations between the United States and Iran.

This is not advice. Always do your own research and make trading decisions based on your own strategy.

Chainlink remains one of the few altcoins with real-world utility, a proven technology stack, and widespread adoption across both DeFi and traditional finance. As the leading oracle network, Chainlink provides critical infrastructure that connects blockchains with external data and services, making it a core component of the crypto ecosystem.
From a medium-term perspective, I expect a move back into the previous cycle’s capitulation and accumulation zone between $5.53 and $8.08. That area looks attractive for gradual accumulation and is where I personally see the best risk-to-reward setup if the market continues its correction.

As for the broader altcoin market, I still believe the final phase of weakness is already well advanced. From current levels, I do not expect a major collapse across altcoins, with a potential downside of roughly 30–40% remaining in the worst-case scenario before a more sustainable recovery begins.

The long-term fundamentals behind LINK remain strong, and its role as a critical piece of blockchain infrastructure continues to expand as adoption grows across the industry.

Looking at the higher time frames, INJ appears to be gradually transitioning from a prolonged downtrend into a potential capitulation phase. If this scenario plays out, the most likely medium-term outcome is the formation of a broad consolidation range between $2.75 and $6.61.

From a technical perspective, a pullback toward the $2.75–$3.40 support zone remains possible. This area could serve as a key demand region before the market attempts another move higher.

If buyers manage to defend support, the next upside target would be the $5.00–$6.61 resistance zone, where stronger selling pressure is expected to emerge again.
Overall, the current structure favors range-bound price action rather than the start of a new bullish trend, with volatility likely concentrated between these major support and resistance levels.

Eric Trump explained how the Trump family earned more than $1 billion from cryptocurrency:
“We launched three of the most successful crypto projects, possibly in history.”
“We started with a memecoin — Trump Coin.”
“Then we launched World Liberty Financial. Everyone knows that today we are the fastest-growing stablecoin project on the planet.”
“Then I personally became involved in a project called American Bitcoin.”
“A piece of my soul is in it.”
“We’ve just gone public on Nasdaq, so we’re mining Bitcoin in West Texas using some of the cheapest energy in the world.”
🤯🤯🤯