The total cryptocurrency market capitalization stands at $3.14 trillion, reflecting a 1.42% increase over the last 24 hours. The broader market has shifted back into a mild recovery phase after recent consolidation, with renewed buying interest visible across majors and selective strength in high-quality altcoins.
Trading volumes have picked up modestly compared to the previous session, suggesting cautious accumulation rather than aggressive speculation. Volatility remains moderate, indicating that markets are stabilizing while positioning for the next directional move.
Bitcoin is currently trading at $92,024, up 1.43% over the past 24 hours. BTC has reclaimed and held above the $92,000 level, turning it into short-term support after yesterday’s rebound from lower levels.
Immediate resistance is seen near $94,200, followed by a stronger psychological barrier around $96,000. On the downside, support is located near $91,500, with a deeper demand zone around $89,800 if selling pressure re-emerges.
Derivatives data show open interest at $61.58 billion, up 0.57%, while funding rates stand at 0.0085%, indicating a gradual return of bullish leverage without signs of overheating. Bitcoin Spot ETFs recorded $249.99 million in net outflows on January 9.
Ethereum is trading at $3,152, up 1.92% over the last 24 hours. ETH has moved decisively above the $3,200 mark, signaling renewed upside momentum after several sessions of consolidation.
Immediate resistance is located near $3,340, followed by a stronger supply zone around $3,520. On the downside, support is seen near $3,000.
Ethereum derivatives open interest stands at $40.01 billion, down 0.63%, while funding rates hover at 0.0076%, reflecting cautiously bullish positioning. Ethereum Spot ETFs saw $93.82 million in net outflows.
SOL is trading at $142.49, up 4.80% over the last 24 hours. Immediate resistance is seen near $148-$152, while support lies around $136-$132.
Ecosystem growth and continued developer activity remain longer-term positives.
LINK is trading at $13.40, up 1.33% on the day. Immediate resistance is seen near $14.10-$14.60, while support lies around $12.90-$12.50.
Oracle adoption and real-world asset integrations continue to support its narrative.
MATIC is trading at $0.1302, down 13.02% over the last 24 hours. Immediate resistance is seen near $0.145-$0.155, while support lies around $0.125-$0.118
Layer-2 scaling demand and enterprise partnerships remain key drivers.
ATOM is trading at $2.62, up 0.26% on the day. Immediate resistance is seen near $2.80-$3.00, while support lies around $2.45-$2.30.
Interoperability upgrades and staking dynamics continue to shape sentiment.
SHIB is trading at $0.000008653, up 0.13% over the last 24 hours. Immediate resistance is seen near $0.00000910-$0.00000960, while support lies around $0.00000840-$0.00000810.
Retail participation and ecosystem updates remain the primary catalysts.
BONK is trading at $0.00001086, up 3.6% on the day. Immediate resistance is seen near $0.00001140-$0.00001210, while support lies around $0.00001020-$0.00000980.
Short-term momentum and Solana ecosystem activity continue to influence price action.
The 1.42% rise in total crypto market capitalization points to improving sentiment rather than speculative excess.
Bitcoin holding above $92,000 and Ethereum advancing toward $3,200 suggest a cautiously bullish environment, with buyers stepping in on dips.
A stronger bullish continuation would likely require BTC to break and hold above $94,200-$96,000, while ETH would need a decisive move beyond $3,340 to open the door for further upside in the broader market.