Core Insights - XRP price is currently holding above $2.08, but the breakout is not yet confirmed due to timing issues and a significant drop in ETF inflows [1][3][4] ETF Inflows - XRP spot ETFs recorded only $38.07 million in net inflows during the week ending January 9, marking an 84% decline from the late-November peak of approximately $244 million [4] - The decline in ETF inflows coincided with a notable pullback in XRP's price, particularly between January 6 and January 9, when ETF demand decreased significantly [4][5] Market Structure - XRP is still within a bullish inverse head and shoulders pattern on the daily chart, but the breakout has stalled due to insufficient follow-through demand near the neckline [3][5] - The neckline of the pattern is sloping upward, indicating that XRP requires both price strength and sustained demand to confirm a breakout [6] Holder Activity - Between January 9 and January 10, the net position change of XRP holders surged from approximately 62.4 million XRP to 239.5 million XRP, representing a nearly 300% increase in just 24 hours [7] - This significant accumulation by long-term holders offsets the slowdown in ETF demand, indicating strong buying interest despite institutional hesitance [8] Supply Zones - The first major supply cluster for XRP is identified between $2.14 and $2.15, where around 1.88 billion XRP were accumulated [8] - A daily close above this supply zone would signify a critical break in resistance for XRP [8]

Cryptocurrency Market Overview - Leading cryptocurrencies traded sideways despite the SEC easing rules for institutional cryptocurrency products [1][3] - Bitcoin experienced a slight increase of 0.58%, reaching $117,273.58, while Ethereum saw a minor decrease of 0.06% to $4,603.96 [2] - The global cryptocurrency market capitalization rose by 0.6% to $4.10 trillion [5] Market Activity and Trends - Bitcoin nearly broke $118,000 before dropping to $116,527, with trading volumes decreasing by 21% over the last 24 hours [3] - Nearly $250 million was liquidated from the cryptocurrency market, with short liquidations accounting for $160 million [4] - Bitcoin's open interest increased by 2.40%, indicating potential for significant price movement [4] Market Sentiment and Predictions - The Crypto Fear & Greed Index indicated a "Neutral" market sentiment [4] - Analyst Ali Martinez suggested Bitcoin may dip to $112,000 before a potential rally to $130,000, indicating a bullish reversal pattern [9] - Predictions indicate that Bitcoin may peak in January/February 2026 due to institutional interest [10] Stock Market Reaction - Tech stocks rallied following Nvidia's partnership with Intel, with the Dow Jones Industrial Average increasing by 124 points (0.27%) [6] - Intel shares rose by 22.7%, while Nvidia's stock increased by 3.49% during the trading session [7]