BITCOIN MARKET ANALYSIS
Bitcoin Market Analysis
The $90,000 Trap: Why Bitcoin is Range-Bound in Jan 2026 and What the "Mega-Whales" are Waiting For
After a historic run in late 2024 and 2025, Bitcoin has entered a "stagnation phase" in early 2026. The psychological and technical barrier at $90,000 has become a "glass ceiling" that the market keeps hitting and falling away from. While retail investors are growing impatient, on-chain data shows that "Mega-Whales" are not selling—they are executing a massive "Supply Absorption" strategy, waiting for a specific macro trigger to launch the next leg up.