πŸ’° CRYPTO & FINANCE

Crypto Market Update: Bitcoin Stalls, Ethereum Whales Buy the Dip, Cardano Faces Resistance

Written by SimpleDigitalWorld

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24.01.2026

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5 min read

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From Ethereum whales scooping up nearly $1B to Cardano’s repeated struggles below $0.37 β€” here’s what crypto investors need to know this weekend.

πŸ” Bitcoin Flat at $89K β€” Calm Before the Storm?

Bitcoin (BTC) continues to trade sideways around $89,500, showing little movement over the past 24 hours. Despite what might appear as healthy consolidation, technical indicators suggest weakening buyer momentum. Weekly losses still hover around 6%.

Analysts note that structural support remains intact, but RSI and on-chain data imply growing bearish divergence. Traders should remain cautious of a potential dip if volume fails to pick up.

Read full BTC analysis

🐳 Ethereum Whales Accumulate After 15% Correction

Ethereum (ETH) recently bounced off key support at around $2,950 after dropping more than 15.6% from its January highs. While price action remains under pressure (11% weekly decline), whale activity tells a different story.

Large holders have added over $1 billion in ETH during the correction, a potential sign of long-term confidence and accumulation at discounted levels.

Discover what’s next for ETH

⚠️ Cardano Struggles to Break $0.37 β€” 3 Bearish Signals

Cardano (ADA) has bounced roughly 7% since January 20, but failed to break meaningful resistance at $0.37. This marks another unsuccessful rally attempt in the current downtrend.

BeInCrypto highlights three key reasons why ADA price may continue to struggle:

  • Weak volume on bounces
  • Macro downtrend structure
  • Lack of bullish catalysts

Full ADA price breakdown

🌍 EU Crypto Regulation Shakeup Before MiCA Deadline

Binance is reportedly positioning itself strategically in Europe, moving quietly in Greece to gain regulatory footing before the Markets in Crypto-Assets (MiCA) framework kicks in.

This move could drastically reshape how crypto platforms operate in the EU. The MiCA deadline looms, and late entrants are rushing to adjust.

Explore Binance’s EU play

πŸ“ˆ 3 Altcoins to Watch This Weekend

As geopolitical tensions ease, the crypto market may stabilize. BeInCrypto highlights three altcoins showing strong setups for the weekend:

  • Altcoin A: Potential breakout from a descending wedge
  • Altcoin B: Volume surge and bullish RSI crossover
  • Altcoin C: Re-test of previous resistance as new support

See the full list of altcoins

πŸ“’ Stay Ahead of the Market

πŸ’‘ Pro Tip: Macro uncertainty and technical breakdowns are increasingly influencing short-term price action. Consider setting alerts near key support/resistance and keeping an eye on whale wallet activity.

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