Crypto analysis for BTC, ETH, EGLD, SOL and SUI - January 5, 2026
Crypto Market in the last 24h
š Total crypto market cap 3.17T USD (ā 1.83%)
š Total crypto market volume 24h 103.12B USD (ā 34.72%)
š§© DeFi volume 24h 13.91B USD 13.49% of total (ā)
šŖ Stablecoins volume 24h 100.57B USD 97.52% of total (ā)
š Bitcoin dominance 58.91% (ā 0.44%)
Bitcoin (BTC) analysis
BTCUSD on the daily timeframe has broken out of the descending channel, which is a bullish structure in a higher-timeframe context. A clear W pattern has formed near the lower boundary, signaling weakening bearish pressure and potential trend reversal.
Confirmation is key. A clear breakout and daily candle close above the resistance zone around 95,800.00 USD (ā 88,136.00 EUR) will confirm a bullish structure shift.
After confirmation, Bitcoin can continue to the upside toward the following targets:
- 105,676.00 USD (ā 97,219.00 EUR)
- 122,605.00 USD (ā 112,797.00 EUR)
Ethereum (ETH) analysis
ETHUSD on the 1H timeframe has formed a rising wedge, which is a bearish structure. At the same time, a clear bearish divergence is present, increasing the probability of a downside move.
Price is currently reacting near the upper boundary of the wedge while still holding above a key support zone. For confirmation, a breakdown and candle close below 3,113.00 USD (ā 2,864.00 EUR) is required.
If confirmed, ETH can move toward the following downside targets in the short term:
- 3,031.00 USD (ā 2,788.00 EUR)
- 2,935.00 USD (ā 2,700.00 EUR)
MultiversX (EGLD) analysis
EGLDUSD on the 1H timeframe is moving inside an ascending channel after a bullish impulse. However, a clear bearish divergence is now present, increasing the probability of a corrective move.
Price is hovering near the support zone inside the channel, making this level critical. For bearish confirmation, a breakdown and candle close below 6.17 USD (ā 5.68 EUR) is needed.
If the breakdown is confirmed, EGLD can move toward the following downside targets in the short term:
- 6.06 USD (ā 5.58 EUR)
- 5.96 USD (ā 5.48 EUR)
Solana (SOL) analysis
SOLUSD on the 1H timeframe is trading inside an ascending channel after a strong bullish move. However, the presence of clear bearish divergence increases the probability of a pullback.
Price is currently testing the channel support zone, making this level very important. For bearish confirmation, a breakdown and candle close below 133.00 USD (ā 122.36 EUR) is required.
If confirmed, SOLUSD can move toward the following downside targets:
- 130.87 USD (ā 120.40 EUR)
- 128.90 USD (ā 118.59 EUR)
Sui (SUI) analysis
SUI is currently attempting to break below the support zone, strengthening the bearish scenario. The presence of bearish divergence combined with rejection from the upper side of the ascending channel increases the probability of a downside move.
A clear breakdown and candle close below 1.6789 USD (ā 1.54 EUR) will confirm bearish continuation and open the path toward:
- 1.6425 USD (ā 1.51 EUR)
- 1.6083 USD (ā 1.48 EUR)
If buyers manage to defend this zone and price reclaims the channel, the breakdown attempt could fail and lead to short-term consolidation.
ESTIMATION (96H)
- BTCUSD: 1% ā 2% | DOWN | Need Pullback
- ETHUSD: 1% ā 3% | DOWN | Need Pullback
- BNBUSD: 2% ā 4% | DOWN | Rising wedge
- DOGEUSD: 2% ā 4% | DOWN | M pattern
- ADAUSD: 2% ā 4% | DOWN | Rising wedge
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