january2026

Au trecut exact un an de la învestirea lui Donald Trump. Pentru industria crypto, aceasta a fost fără îndoială cea mai volatilă schimbare de politică din istorie. Am analizat datele din ianuarie 2025 (vârful hype-ului) și le-am comparat cu realitatea actuală din ianuarie 2026, concentrându-ne în special asupra modului în care noile Tarife Comerciale afectează portofoliul tău.
📊 Ianuarie 2025: "Pompa de Învestire"
Ianuarie trecut a rămas în istorie ca o lună de euforie pură. Piața a prețuit fiecare promisiune de campanie - de la Rezerva Strategică Bitcoin la demiterea lui Gary Gensler.

Ianuarie ar putea deveni un test critic de stres pentru piața cripto, cu multiple evenimente care se aliniază și care ar putea crește presiunea pe partea de jos, în special pentru BTC și ETH.
🗓️ 15 Ianuarie: O Dată Cheie pentru Bitcoin
Deja am subliniat 15 Ianuarie ca o dată importantă pentru $BTC . În acea zi, MSCI va decide asupra statutului companiilor legate de DTA, inclusiv firme precum MicroStrategy (MSTR). Orice decizie nefavorabilă ar putea avea un impact asupra acțiunilor și sentimentului legat de Bitcoin 📊.
Dar BTC nu este singurul activ care se confruntă cu riscuri.

It happened while most were still nursing the wounds of the December volatility. I noticed a pattern on the morning of January 14th—it wasn't the sudden green candles that caught my eye, but rather the lack of noise. Usually, when Bitcoin makes a run for $95,000, the derivatives market goes into a frenzy, with funding rates screaming toward the sky as retail traders pile on the leverage. This time, it was different. Underneath the surface, the market felt steady, almost earned.
When i first looked at the data for this week, what struck me was the aggressive deleveraging that happened just before this move. Open interest in Bitcoin derivatives dropped nearly 30% from the October peaks, according to recent on-chain metrics. This means the "garbage" leverage—the high-risk positions that cause those nasty cascading liquidations—had been flushed out. We are seeing a market rebound built on a foundation of spot buying and institutional positioning rather than just speculative froth. $BTC hitting $97,000 isn't just a number; it’s a structural shift.
Understanding that helps explain why we aren't seeing the usual massive sell-offs the moment we hit a new high. The Value Days Destroyed (VDD) metric is hovering around 0.53, which is historically quite low. To translate that into human terms: the older, "smart money" coins aren't moving. The whales who have held through multiple cycles are sitting on their hands, letting the young coins circulate. If this holds, it suggests that the current price strength isn't just a temporary reprieve but a move with actual quality behind it.
Meanwhile, the texture of the altcoin market is changing how we view "Altseason." We saw Ethereum reclaim $3,300 recently, but it’s struggling to flip that resistance into support. It remains to be seen if $ETH can find its own catalyst, especially with Layer-2 networks now handling so much of the actual activity. But the rebound is real for assets with strong financial health. I’m seeing coins like $BNB holding firm above $940, while outliers like $DASH and $GLMR are posting double-digit gains, showing that liquidity is starting to rotate into specific narratives rather than just spraying across the whole board.
That momentum creates another effect: the "wait-and-see" crowd is starting to get restless. Net taker volume on Binance recently exceeded $500 million in a single hour of aggressive market buying. This is often the signal that the sidelines are finally jumping in. While some analysts still argue this could be a counter-trend bounce, the fact that Bitcoin is securing daily closes above $95,000 is weakening the bear case significantly.
As we head into the rest of January, this specific rebound reveals a bigger pattern. We are moving away from the "wild west" volatility of 2025 and into a more mature, institutional-led growth phase for 2026. The record $130 billion in crypto fund inflows from last year is finally starting to manifest as a floor for the market. The risk of a "black swan" always exists, especially with the current geopolitical uncertainty, but the on-chain data suggests the floor is much higher than people think.
The most successful traders right now aren't the ones chasing the +50% meme pumps. They are the ones watching the deleveraging cycles and the long-term holder behavior. This rebound wasn't built on hype; it was built on a clean slate.
One sharp observation to leave you with: When the market goes up and nobody is shouting "to the moon," that’s usually when the move has the most room to run.
What's your move for the weekend? Are you chasing the $BTC breakout or waiting for an $ETH catch-up? Let’s discuss below! 👇
#MarketRebound #BTC #ETH #BNB #CryptoTrading #January2026 #WhaleWatch