Market Update: Strategy Holds 709k BTC, Signals New Buy
Data as of 2026-01-23. Michael Saylor's Strategy has released its 4th Strategy Tracker for 2026, showing continued aggressive accumulation.
Key Data Points:
• Total Holdings: 709,715 BTC (~$63 Billion).
• Cost Basis: Average entry of $75,979 per Bitcoin.
• Performance: Unrealized PnL stands at +$9 Billion (+16.78%).
Market Analysis:
This accumulation strategy reinforces the "Corporate Treasury" narrative. Strategy acts as a consistent source of buy-side pressure, independent of short-term retail sentiment. The signal of an additional purchase tomorrow suggests confidence in defending the current price structure.
New data highlights a significant structural difference between the leading L1 ecosystems during this volatility.
Key Staking Metrics: • Solana (SOL): Staking ratio has reached an ATH of ~70%, locking approximately $60B. • Ethereum (ETH): Staking participation sits at ~30% (~$120B), supported by institutional flows.
Market Analysis: The high proportion of staked SOL creates a tighter supply dynamic compared to ETH. When paired with positive bridge inflows, this supply constraint is contributing to SOL's relative strength against Ethereum in the current environment.
XRP konsolidiert weiterhin um $1,90, selbst wenn das Handelsvolumen zunimmt. Diese Divergenz hebt einen aktiven Kampf zwischen Käufern und Verkäufern in einer entscheidenden Wendepunktzone hervor.
Marktübersicht: • Preis: ~$1,90 (bereichsgebunden) • Widerstand: $2,00 — die kritische Ebene, die die Bullen zurückgewinnen müssen • Order Flow: Erhöhtes Volumen ohne Preiserweiterung deutet darauf hin, dass langfristige Inhaber in Rallyes verkaufen
Ausblick: Der Schwung bleibt neutral bis vorsichtig. Ein entscheidender täglicher Schlusskurs über $2,00 ist erforderlich, um die Struktur wieder in eine bullische Akkumulation zu flippen. Bis dahin bleibt XRP im Konsolidierungsmodus.
ETH shows signs of a short-term reversal as buying pressure defends the $3,000 level. Recent price action around $3,013 indicates sellers are exhausted and momentum is shifting bullish.
Ethereum zeigt einen klaren Wandel in der kurzfristigen Dynamik, da der Kaufdruck den Verkaufsfluss rund um die $3,000-Marke absorbiert. Die Verteidigung bei $3,013 signalisiert eine potenzielle Umkehr von der jüngsten Korrektur.
Market Read: This swift move erased YTD gains and flushed excess leverage. The behavior aligns with a classic shakeout rather than trend failure. As long as the Yearly Open holds, the higher-timeframe structure remains constructive.
What to Watch: Stability and volume response around $87.5k. Compression here often precedes the next directional move.
Why Pepeto Mirrors SHIB’s Early Advantage, and SHIB No Longer Can
The biggest meme-coin gains historically occurred at presale or pre-listing stages, when market caps were measured in millions, not billions.
Shiba Inu today sits above $5B market cap. Achieving a 100× return would require a ~$500B valuation — a structural limitation of late-stage assets.
Pepeto ($PEPETO) operates in a different phase: • Presale price ~$0.000000178 • $7.17M raised approaching hard cap • Entry before listings and mass discovery • Built by a PEPE co-founder • Ships with zero-fee swap, cross-chain bridge, and staking (~215% APY)
This combination of early timing + utility + demand resembles the conditions that allowed SHIB to create outsized returns in its earliest phase.
Pepeto is available only through the official presale website: 👉 pepeto.io
Market Insight: Bitcoin and Tariff-Driven Uncertainty
Bitcoin’s recent pullbacks are aligning with renewed macro uncertainty tied to Trump’s tariff rhetoric.
What’s Driving the Move: • Risk-Off Shift: Geopolitical and economic tension is pushing investors to temporarily reduce risk exposure. • First Liquidity Exit: BTC continues to act as the fastest asset to be sold during uncertainty spikes.
On-Chain Signal: Exchange inflows have picked up, but the behavior points to short-term positioning, not long-term distribution.
Bottom Line: This is caution, not panic. The market is de-risking tactically, while Bitcoin’s broader trend structure remains intact.
Marktanalyse: Dieses Muster ist typisch für konsolidierungsgetriebenen Akkumulation. Die „Hai“-Kohorte absorbiert stetig Angebot, während der Preis in einer Spanne bleibt – ein Zeichen für Positionierung, nicht für Euphorie.
Wenn Wallets schneller wachsen als der Preis, wird Struktur aufgebaut.
Handelsinsight: Achten Sie auf Volumenspitzen bei der Unterstützung – Käufer, die eintreten, könnten BNB stabilisieren; andernfalls könnte der Abwärtsdruck anhalten.
Crypto payments often stall due to human errors, compliance checks, and slow manual processes. WB Checks fixes this with a simple, secure workflow:
How It Works: • Generate payments via Link or QR Code • Multi-chain support: BTC, ETH, USDT • Geo-verification ensures compliance • Low fee: 0.5%, with 5-year validity
Impact: Reduces operational friction and speeds up global business settlements, turning crypto into a practical tool for enterprise use.
Market Cycle Analysis: 2025 vs. 2021 — Why the Playbook Broke
The expected “BTC → ETH → Altseason” rotation hasn’t shown up in the 2024–2025 cycle. This isn’t a delay — it’s a structural change.
Why the 2021 Model Failed The 2021 run was an anomaly fueled by: • Aggressive QE • Massive fiscal stimulus • Excess global liquidity
That environment created artificial risk appetite. Replicating that rotation without the same liquidity was never guaranteed.
Macro Reality: Liquidity Is the Driver • Altcoins historically outperform only during liquidity expansion • QT officially ended in December 2025 • Past cycles show a 6–18 month lag between liquidity inflection and sustained altcoin strength
Where We Are Now The market is transitioning into an acceptance phase: • Less narrative-driven speculation • More structure, patience, and capital discipline
Conclusion This is not a “Monaco-style” blow-off cycle. Strategies must adapt to tighter liquidity conditions and slower rotations. Trade the market you have — not the one you remember.
Solana ($SOL ) is trading at a key pivot around $132.92, an area that aligns with the Premium (supply) zone in the current range.
Market Structure Breakdown: • Premium Zone ($132.92): This area favors sellers. Price action here suggests distribution, with upside capped in the short term. • Discount Zone (Below): A move lower is needed to rebalance the market and attract stronger demand.
Outlook: If SOL makes further lows, price will enter the discount zone — a setup that often precedes a healthier bounce or pump. If price remains stuck around $132.92 without a dip, the premium valuation increases the risk of continued bleed.
We are observing a shift in capital flows between major assets:
XRP (Bullish Structure): • Stability: Maintaining the $1.97–$2.00 range. • Institutional Demand: Cumulative ETF inflows have surpassed $1.3B. • Driver: Strong taker buys indicate accumulation for Real World Assets (RWA) and payments.
SOL (Correction Phase): • Price Action: Retracing to support levels at ~$133–$134. • Fundamentals: Despite the price drop, on-chain RWA activity is booming and ETF demand is stable.
Which narrative drives 2026: XRP's institutional utility or Solana's high-speed ecosystem?
BNB is in a corrective phase after failing to break the $960–$968 resistance zone. Price is currently testing the $920–$930 support area.
Technical Overview: • Trend: Lower highs and lower lows dominate. • Support Zone: $920–$930 – holding this level is critical. • Reclaim Target: Bulls need $950–$956 to regain control.
Fundamental Context: Token utility remains solid across Launchpad, trading fee discounts, and BNB Chain DeFi activity. Watch for a volume increase at $920 to signal the next major move.
Ethereum Network Update: Record Activity, Minimal Fees
Ethereum is hitting a key milestone with high usage and low costs:
• Transactions: Daily volume reaches a new all-time high • Gas Fees: Stable around ~$0.15 despite network demand • Validator Exits: Zero, indicating strong network security
Institutional Influence: Large staking inflows from Bitmine and Sharplink are locking supply, helping Ethereum handle record throughput efficiently.
Insight: The network demonstrates that scaling and cost-efficiency can coexist — a positive signal for long-term adoption and institutional confidence.
The Bitcoin Fear & Greed Index has triggered a significant signal. The 30-Day trend has crossed above the 90-Day trend.
Market Context: • The Fear & Greed Index is currently around 30. • This level indicates skepticism is slowly easing, but fear remains.
Historical Correlation: Data shows that sentiment shifts often lead price movements. This crossover is a leading indicator, suggesting that market participants are stabilizing before price reflects the change.
While the market remains uncomfortable and choppy, the data suggests this is an accumulation structure rather than a distribution top.
XRP is currently consolidating in price, but the underlying on-chain data points to a clear accumulation phase.
Key Metrics: • Exchange Supply: Only ~1.5B XRP remain on centralized exchanges — a multi-year low. • Wallet Growth: Total wallets have surpassed 7.5 million, confirming steady network expansion. • Recent Activity: Over 25,000 wallets moved into higher holding tiers within the last 48 hours.
Rich List Snapshot: • Top 10% of wallets hold ≥ 2,349 XRP • Top 1% of wallets hold ≥ 50,000 XRP
Market Implication: Shrinking exchange balances combined with rising wallet distribution suggest that XRP supply is moving into stronger hands. If institutional and ETF-related demand persists, the market structure becomes increasingly supply-constrained, setting the stage for higher volatility once price breaks consolidation.
BNB erlebte eine scharfe Ablehnung bei $960, was einen Liquiditätssweep unter $910 auslöste. Der Preis stabilisiert sich jetzt bei etwa $927, was als aktuelle Unterstützungszone fungiert.
Markteinblick: • Der Trend bleibt vorsichtig, bis BNB die $940–$950-Spanne zurückerobert. • Ein Ausbruch über diese Zone würde ein Zurückkehren des bullishen Momentums signalisieren.