Despite the extreme panic at the beginning of 2026, the cryptocurrency market maintained its upward momentum. In particular, Bitcoin (BTC) showed strength by breaking through 130 million won, supported by continued buying from institutional investors.
Bitcoin is currently trading at 130.25 million Korean won, up 1.7% in the last 24 hours. The market interprets Tether's purchase of 8,888.88 BTC as a signal of institutional confidence. If it breaks through the important resistance line known in the industry as the "Gandalf Line," further upside potential is expected.
Ethereum (ETH) is trading near the 4.5 million won level, having recorded a 3.6% gain in the last 24 hours. Similar to Bitcoin, Ethereum is testing technical resistance levels, and on-chain indicators such as the "stake flip" trend are attracting attention.
Ripple (XRP) rose 7.9% to 2,938 won, while Solana (SOL) maintained its upward trend at 191,706 won. Ripple, in particular, may face significant price volatility due to regulatory events such as the upcoming vote on the Clarity Act on January 15th.
Market analysts emphasize that the new year rally may continue until January 15th, but regulatory and policy variables could amplify market volatility. Therefore, investors need to closely monitor the resistance level breakouts of BTC and ETH, as well as future risk factors.
TokenPost AI Notes
This article summary was generated using the TokenPost.ai language model. It may contain omissions of key content or inaccuracies.
