The first day of 2026 opened with stability for the cryptocurrency market. Bitcoin (BTC) was trading at $87,520.18, while Ethereum (ETH) followed at $2,966.77. No daily or weekly changes were recorded, reflecting a typical transition period after the year-end holidays. Trading volumes are low, with both institutional and retail investors appearing to wait for clearer catalysts to guide their positions. From a technical perspective, BTC is moving within a narrow range without breaking any major resistance. The $88,000 level is a psychological threshold to watch, while support at $85,000 remains solid. ETH, meanwhile, is struggling to surpass $3,000, a key level that could determine the short-term trend. Momentum indicators, such as the RSI, are neutral, suggesting a lack of strong directional pressure. On the macroeconomic front, uncertainty persists around central bank monetary policies, particularly the U.S. Federal Reserve, which may keep rates high to combat inflation. This limits appetite for risk assets, including cryptocurrencies. However, the growing adoption of Bitcoin and Ethereum ETFs in the U.S. provides structural support. Outlook: In the short term, the market could remain range-bound until economic data or regulatory announcements break the stalemate.
