According to a recent chart analysis by Matrixport, as reported by Odaily Planet Daily, Bitcoin remains in a correction phase after breaking below a key technical level. Matrixport stated that the 21-week moving average is a core indicator for observing the shift between bullish and bearish trends in Bitcoin. Historically, this moving average has provided good follow-up signals during uptrends and often warns of risks before sharp pullbacks, helping investors avoid significant downward volatility. Reviewing the current price action, Matrixport noted that Bitcoin's break below the 21-week moving average in the fourth quarter already indicated a potential for further market correction. Although a rebound occurred in late December, the price quickly came under pressure and fell back after approaching the 21-week moving average, failing to regain a foothold above it. Based on this assessment, Bitcoin's overall structure remains in a correction range. Matrixport also pointed out that a tactical rebound is possible in the short term, but so far, there are no clear signals sufficient to support a new round of sustained upward movement.

According to Odaily Planet Daily, Coinbase announced on its X platform that it has completed the Solana blockchain integration, and all users in the United States (excluding New York) and Brazil can now trade millions of Solana tokens on Coinbase.

According to Coinbase's "Charting Crypto Q1 2026 Report," approximately 70% of institutional investors believe Bitcoin is undervalued in the $85,000 to $95,000 range. The report shows that Coinbase surveyed 75 institutional investors and 73 independent investors between early December 2025 and early January 2026. Of these, 71% of institutional investors and 60% of independent investors believe Bitcoin is currently undervalued; approximately 25% of institutional investors believe it is reasonably valued, while only 4% believe it is overvalued. During the survey period, Bitcoin's price generally fluctuated within the $85,000 to $95,000 range. Coinbase points out that since reaching its all-time high of approximately $126,000 in October 2025, Bitcoin's price has fallen by more than 30%, significantly underperforming precious metals such as gold and silver, as well as the US stock market. The crypto market sentiment remains cautious due to factors such as geopolitical tensions and tariff uncertainties. Regarding investment behavior expectations, 80% of institutional investors indicated that if the market were to fall another 10%, they would choose to continue holding or buy on dips; over 60% of surveyed institutions stated that they have maintained or increased their cryptocurrency asset allocation since October. Furthermore, 54% of institutions believe the current market is still in an "accumulation phase" or bear market territory. Coinbase also predicts that the Federal Reserve may implement two interest rate cuts totaling 50 basis points in 2026, potentially providing some macroeconomic support for risk assets, including crypto assets.

According to Huoxun Finance on January 26th, on-chain analyst @ai_9684xtpa reported that the "whale who held ETH for 4 years and then switched to WBTC" has switched back to WETH. On January 3rd: He switched 14,145.93 WETH to 492.16 WBTC (US$44.195 million), with an ETH/BTC exchange rate of 0.03479. On January 26th: He switched 578.66 WBTC back to 17,706.74 WETH (US$50.33 million), with an ETH/BTC exchange rate of 0.03268. This operation increased his ETH holdings by 6.45%. He currently holds 17,707 WETH and 195.49 WBTC on-chain, with a total value of US$67.38 million.

Odaily Planet Daily reports that Matcha Meta issued a statement on its X platform, noting a security incident related to SwapNet. Some users who disabled "One-Time Approval" on Matcha Meta may have been affected. The company has contacted the SwapNet team, who have temporarily suspended its contracts. After reviewing with the 0x protocol team, it was confirmed that the incident did not involve 0x's AllowanceHolder or Settler core contracts. Users interacting with Matcha Meta via One-Time Approval can use the service safely. To prevent similar incidents from recurring, the feature allowing users to directly set limits for aggregators has been removed. Previous reports indicated that a security vulnerability on SwapNet resulted in the theft of approximately $16.8 million in cryptocurrency.