The 3 Conditions To Extend The Bitcoin, Ethereum, XRP Rally: Bitwise
Posted On January 8, 2026
Matt Hougan, chief investment officer at Bitwise Invest, outlined three key conditions that must be met for cryptocurrency markets to extend their early 2026 rally and transition from a bounce into a sustained uptrend.
What Happened: Crypto markets have started 2026 strong, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) both up roughly 7% year-to-date, while higher-beta altcoins have significantly outperformed.
Hougan said the rally can continue if three major boxes are checked:
No major market blowups
The biggest near-term risk has been another forced liquidation event similar to the Oct. 10, 2025 deleveraging that erased nearly $19 …