{"id":66833,"date":"2026-01-08T05:46:48","date_gmt":"2026-01-08T05:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=66833"},"modified":"2026-01-08T05:46:48","modified_gmt":"2026-01-08T05:46:48","slug":"crypto-market-news-today-january-8-btc-usd-follows-the-trend-line-as-ethereum-price-in-queue-for-a-breakout","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=66833","title":{"rendered":"Crypto Market News Today, January 8: BTC USD Follows The Trend Line as Ethereum Price in Queue for A Breakout"},"content":{"rendered":"<div>\n<p>Honestly, crypto feels deliberate as BTC USD drops again to under $91,000, as the range itself is getting wider, and it somehow says where the market stands right now. After an early-year rally of a good 8%, BTC USD is holding its ground. Ethereum, though, is following as it holds above the $3,100 price level, as it finally printed a red candle after six straight green days.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_695f441fe25bb\" data-coin-id=\"bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_695f441fe25bb-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_695f441fe25bb-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_695f441fe25bb-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_695f441fe25bb-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_695f441fe25bb-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_695f441fe25bb-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_695f441fe25bb-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_695f441fe25bb-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_695f441fe25bb-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_695f441fe25bb-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_695f441fe25bb-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_695f441fe25bb-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p>These all can sound bearish on paper, but in reality, this pause is needed. With the US inflation easing to 2.7% and we starting to price in the possibility of more Federal Reserve rate cuts, both BTC USD and the Ethereum price remain very tied to macro expectations.<\/p>\n<p>Sentiment is not on the bullish side yet, with the Crypto Fear and Greed Index slipping to 28 fear from above 40 neutral territory. At the same time, institutions keep their spending spree going, which rarely happens at market tops.<\/p>\n<div class=\"cfg-chart-container\">\n<div class=\"cfg-top-content-holder\">\n<h4 class=\"cfg-chart-title\" style=\"font-family: 'Noto Sans', sans-serif; font-size: 18px; font-weight: 700; \">\n            Crypto Fear and Greed Chart        <\/h4>\n<div class=\"cfg-time-range-selector\">\n            <span data-range=\"all_time\" id=\"cfg-alltime\" class=\"cfg-alltime\">All time<\/span><br \/>\n            <span data-range=\"1y\" id=\"cfg-1y\">1y<\/span><br \/>\n            <span data-range=\"1m\" id=\"cfg-1m\">1m<\/span><br \/>\n            <span data-range=\"1w\" id=\"cfg-1w\">1w<\/span><br \/>\n            <span data-range=\"1d\" id=\"cfg-1d\">24h<\/span>\n        <\/div>\n<\/p><\/div>\n<div class=\"cfg-chart-holder\">\n<div id=\"cfg-chart-body\" class=\"cfg-chart-body\" style=\"width: 830px; height: 450px;\"><\/div>\n<\/p><\/div>\n<\/div>\n<h2>BTC USD Holding Its Structure?<\/h2>\n<p>Yesterday, on January 7, Trump-linked World Liberty Financial filed for a US banking license. A day earlier, Morgan Stanley became the first major bank to push forward with a Bitcoin ETF filing.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">World Liberty Financial Announces that WLTC Holdings LLC has Submitted an Application for a National Trust Bank Charter to Issue and Custody USD1 Stablecoins <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f985.png\" alt=\"\ud83e\udd85\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/261d.png\" alt=\"\u261d\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><a href=\"https:\/\/t.co\/ulapagYLYq\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/ulapagYLYq<\/a><\/p>\n<p>\u2014 WLFI (@worldlibertyfi) <a href=\"https:\/\/twitter.com\/worldlibertyfi\/status\/2009022054658400262?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">January 7, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bullish?<\/p>\n<p>If you are not, hear me out. BTC USD moved back above a diagonal trend line that has shaped price action for about six months. That same line acted as both support and resistance throughout the second half of last year. Over the past six weeks, BTC USD has also printed higher lows between $81,000 and $94,000, a structure that shows sellers are losing control, most of the time.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-325266\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-TradingView.jpg\" alt=\"Crypto feels deliberate as BTC USD drops again to under $91,000, with a wider range, while Ethereum holds the $3,100 price level.\" width=\"1200\" height=\"851\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-TradingView.jpg 1200w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-TradingView-300x213.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-TradingView-1024x726.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-TradingView-768x545.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-TradingView-50x35.jpg 50w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/1YM1GbAn\/?symbol=BITSTAMP%3ABTCUSD\" target=\"_blank\" rel=\"noopener nofollow\"><strong>BTC USD, TradingView<\/strong><\/a>)<\/p>\n<p>That said, the $94,000 to $95,000 area is still the one to <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-january-7-altcoin-season-priming-as-bitcoin-price-rallying-and-dominance-dropping\/\" target=\"_blank\" rel=\"noopener\">watch<\/a>. BTC USD hasn\u2019t fully cleared it yet, and until that happens, sideways movement shouldn\u2019t be a surprise. Consolidation at higher levels is positioning.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">10+ Next Crypto to 100X In 2026<\/a><\/strong><\/p>\n<h2>Ethereum Heavy Rotation as Bitcoin Price Holds?<\/h2>\n<p>Ethereum price is where things get interesting. Recent downside flushed out late long positions, which reset momentum. On-chain data shows Ethereum network throughput hitting a new all-time high of 32,950 transactions per second across its layers, with more than 2 million transactions 2 days ago.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-325268\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-Etherscan.jpg\" alt=\"Crypto feels deliberate as BTC USD drops again to under $91,000, with a wider range, while Ethereum holds the $3,100 price level.\" width=\"1200\" height=\"699\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-Etherscan.jpg 1200w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-Etherscan-300x175.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-Etherscan-1024x596.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-Etherscan-768x447.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/01\/Ethereum-price-BTC-USD-Etherscan-50x29.jpg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/p>\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/etherscan.io\/chart\/tx\" target=\"_blank\" rel=\"noopener nofollow\"><strong>Etherscan<\/strong><\/a>)<\/p>\n<p>Looking at the bigger picture, Ethereum price remains about 35% below its 2021 peak, and this kind of imbalance doesn\u2019t usually last forever. Charts also suggest that momentum is tightening.<\/p>\n<p>Rotation is ongoing. When BTC USD stalls above previous price lows, capital often rotates, and Ethereum is usually first in line. If Ethereum clears the $4,850 level, then we can talk about the altseason euphoria.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_695f441ff3d00\" data-coin-id=\"bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_695f441ff3d00-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_695f441ff3d00-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_695f441ff3d00-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_695f441ff3d00-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_695f441ff3d00-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_695f441ff3d00-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_695f441ff3d00-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_695f441ff3d00-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_695f441ff3d00-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_695f441ff3d00-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_695f441ff3d00-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_695f441ff3d00-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p>Markets have a habit of frustrating most people possible. Right now, BTC USD looks stable and in range, as Ethereum looks underappreciated price-wise, and sentiment needs to flip above neutral.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-binance-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">16+ New and Upcoming Binance Listings in <\/a><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">2026<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Follow 99Bitcoins on\u00a0<\/span><\/a><a class=\"general-link\" href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"nofollow noopener\">X<\/a>\u00a0For the Latest Market Updates and Subscribe on\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>\u00a0For Daily Expert Market Analysis.<\/strong><\/p>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-no-updates\">\n<p>There are no live updates available yet. Please check back soon!<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-january-8-btc-usd-follows-the-trend-line-as-ethereum-price-in-queue-for-a-breakout\/\">Crypto Market News Today, January 8: BTC USD Follows The Trend Line as Ethereum Price in Queue for A Breakout<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Honestly, crypto feels deliberate as BTC USD drops again to under $91,000, as the range itself is getting wider, and it somehow says where the market stands right now. After an early-year rally of a good 8%, BTC USD is holding its ground. Ethereum, though, is following as it holds above the $3,100 price level, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-66833","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/66833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66833"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/66833\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}