Bitcoin Hits $91,373, ETH at $3,139: A Strong Finish to the First Week of 2026
The crypto market is closing out the first week of 2026 on a high note. This Monday, January 5, Bitcoin (BTC) rose to $91,373.22, a 0.9% gain on the day, while Ethereum (ETH) edged up to $3,139.06, gaining 0.4%. Trading volumes are picking up, signaling renewed investor interest after the weekend. From a technical perspective, BTC has broken through the $91,000 resistance level, opening the path toward $92,000 as the next target. The 50-day and 200-day moving averages remain upward-sloping, confirming a bullish medium-term trend. ETH, though less dynamic, is holding above $3,100, with solid support at $3,050. BTC’s RSI is at 68, nearing overbought territory, which could limit upside in the short term. On the macro front, US economic data released today showed moderate inflation, reinforcing hopes for a more accommodative monetary policy. This is benefiting risk assets, including cryptocurrencies. Market sentiment is optimistic, but some analysts warn of a possible correction after a week of consecutive gains. Outlook: The uptrend remains intact, but a consolidation around $91,000 is possible before the next leg higher. Investors will be watching for BTC to target $92,000 and ETH to aim for $3,200 as the next milestones.
