As of January 15, 2026, the total market capitalization of cryptocurrencies worldwide is approximately $3.3 trillion to $3.36 trillion, with a slight increase of 0.4% to 3% over the past 24 hours. Bitcoin's dominance rate is between 57% and 60%, indicating that funds are still primarily concentrated in Bitcoin, while altcoins show mixed performance. Overall market sentiment has shifted from neutral to greedy, with the Fear and Greed Index rising to 61, marking the first time in three months that it has entered the greed zone. Bitcoin's price fluctuates in the range of $96,000 to $98,000, with a 24-hour increase of about 1.4% to 1.7%; Ethereum remains stable at $3,200 to $3,400, with an increase of 0.1% to 0.5%; other major cryptocurrencies like Solana (approximately $145), Binance Coin (approximately $938), and XRP (approximately $2.10) experience mixed changes. Privacy coins like DASH (+36.8%), ZEC (+4.2%), and ICP (+21.9%) lead the gains, reflecting a rising demand for privacy under regulatory pressure.
Fundamental analysis
From a fundamental perspective, the market is benefiting from institutional adoption and regulatory optimism, but macro uncertainty poses potential risks.
Institutional demand is strong: The asset management scale of Bitcoin ETFs has reached $103 billion, with a net inflow of $840.6 million yesterday, the highest single-day inflow since October 2025. Corporate purchases and stable positions from long-term holders support prices, with whales accumulating 56,227 Bitcoins since mid-December, and exchange supply dropping to a 7-year low. This indicates that institutions are driving a structural uptrend rather than retail speculation.
Regulatory catalysts: The U.S. Senate marks the Digital Asset Market Transparency Act, which aims to clarify the SEC and CFTC's jurisdiction over crypto assets. If passed, it could provide legal clarity for tokens and exchanges, driving a 10%-20% increase. However, opposition from companies like Coinbase to delay discussions has increased uncertainty. On a global level, Russia has finalized its crypto trading bill, which boosts confidence in the cross-chain and payment sectors.
Overall fundamental rating: Cautiously bullish, driven by institutional and regulatory tailwinds, but macro correlation introduces downside risks.
BTC benefits from strong institutional demand and easing inflation, with ETF inflows hitting a record, driving a short-term rebound. A rising channel has formed in the short term, testing around $97900 in early trading before pulling back, with intraday fluctuations. If BTC breaks through $98000, it may restart the $100000 target. In the short term, BTC should focus on the support at the $94000 level; if it holds, consider going long around this area. If it breaks below, watch for the $90000 level, where a medium-term long position could be established, with resistance at $98000 above. ETH should focus on the support at the $3200 level in the short term; if it holds, consider a long position, with resistance at $3400 above. (Remember to control contract positions within 10%).
Statement: The above content represents personal views only; strategies are for reference and not investment advice. Follow-up risks are borne by the individual.