Price of Bitcoin (BTC)
Bitcoin’s $90,000 Battleground and Bull Traps
Bitcoin’s performance has kept traders on edge, particularly its persistent struggle to maintain positions above the crucial $90,000 threshold. Since November 2025, the flagship cryptocurrency repeatedly attempted to breach and hold this level, only to falter each time. This pattern has led many market observers to retrospectively label the New Year’s rally as a classic “bull trap,” rather than a sustainable trend reversal. The initial enthusiasm that pushed BTC near $95,000 quickly dissipated, leaving many bulls feeling the sting of a failed breakout.
On-chain metrics and market sentiment suggest a growing despair among those who had hoped for a stronger start to the year. The price has recently oscillated within a tight range, generally between $85,000 and $90,000. This constrained movement has also caused the gap between Bitcoin’s Bollinger Bands—a key volatility indicator—to narrow, often a precursor to significant price action. Traders are now keenly watching for whether this tight consolidation will lead to a decisive move up or a further correction.
Institutional Giants Embrace Solana and Bitcoin ETFs
In a powerful testament to crypto’s growing mainstream acceptance, Morgan Stanley, a leading American multinational investment bank, has made significant moves into the digital asset space. The firm recently filed for a Solana Exchange-Traded Fund (ETF), aiming to track the performance of SOL, Solana’s native asset. This innovative fund plans to engage third-party providers for SOL staking, with the earned rewards contributing to the fund’s Net Asset Value (NAV). This strategic step highlights not just an investment in Solana, but a deeper integration into the blockchain’s operational mechanics.
Alongside its Solana initiative, Morgan Stanley also submitted paperwork for a Bitcoin ETF. This positions them alongside other financial heavyweights like BlackRock, further solidifying the institutional embrace of the leading cryptocurrency. Historically, Morgan Stanley had limited its clients to investing in existing crypto ETFs; these new filings represent a pivot towards actively managing and offering their own crypto products. This development is undoubtedly a major highlight in the Top Weekly Crypto News, signaling traditional finance’s deepening commitment to digital assets and validating the long-term potential of the crypto ecosystem.
Shiba Inu’s Fleeting Zero-Erase and Market Dynamics
The Shiba Inu community experienced a brief moment of triumph as SHIB managed to erase a zero from its price, surging to the $0.00001 level. This short-lived rally was fueled by a sudden spike in buying pressure, which propelled the meme coin above its 100-day exponential moving average (EMA). For weeks prior, this EMA had acted as a formidable dynamic resistance, capping upward movements and reinforcing a bearish trend.
While the milestone of shedding a zero was technically achieved, the breakout proved unsustainable. SHIB quickly reversed course, indicating that despite the initial burst of enthusiasm, there wasn’t sufficient market support to maintain the higher price point. This episode serves as a reminder of the volatile nature of meme coin markets, where rapid gains can be just as swiftly reversed without robust underlying fundamentals or sustained buying interest to back them up.
Trend of Bitcoin (BTC)
Bollinger’s Cautious Stance on XRP and the Halving’s Aftermath
Legendary market technician John Bollinger recently issued a word of caution regarding XRP, despite its impressive rally of approximately 32% since January 1st, 2026. In a social media post, Bollinger advised traders not to mistake vertical price movements for genuine structural strength. His technical analysis suggested that while XRP had a “strong lift,” its underlying pattern appeared weaker when compared to Bitcoin and Ethereum, leading him to conclude that the market hierarchy remains “BTC > ETH > XRP for now.” This perspective offers a valuable counterpoint to the prevailing market buzz surrounding XRP’s recent performance.
Shifting focus to Bitcoin, 2025 marked a significant departure from historical patterns, as BTC recorded its first “red candle” in a post-halving year. This broke the traditional four-year cycle where post-halving years typically saw substantial gains. On-chain metrics suggest that the unprecedented demand driven by Bitcoin ETFs in 2024 likely pulled forward a considerable amount of liquidity, meaning the expected surge in 2025, which historically followed a halving event, simply didn’t materialize in the same fashion. Despite this, Bitcoin did manage to surpass $91,000 in early 2026, reaching an intraday high of $91,764, signaling renewed, albeit cautious, risk appetite among traders. As the crypto ecosystem continues to evolve, platforms like cryptoview.io become invaluable for tracking these complex market dynamics and identifying potential opportunities. Maartunn, a community analyst at CryptoQuant, has also highlighted the potential for volatility on Sunday nights, a trend traders are closely monitoring, making it crucial to stay updated on the Top Weekly Crypto News. Unlock Crypto Insights with CryptoView.io
