10x Research Market Updates

10x Research Market Updates

Bitcoin & Ethereum: A Market Without Support? How low can prices fall?

Actionable Market Insights

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10x Research
Jan 30, 2026
∙ Paid

Why this report matters

Markets don’t roll over because of bad headlines. They roll over when marginal buyers quietly disappear. Bitcoin is no longer trading like a momentum asset. Key technical regimes have flipped, long-term support levels are being tested, and the risk-reward profile has shifted in ways most investors are not positioned for.

At the same time, Ethereum’s underlying demand story has weakened materially. Stablecoin flows, ETF positioning, and on-chain signals are no longer reinforcing each other, and when that alignment breaks, price behavior changes fast. Balance-sheet-driven buying can temporarily support prices, but it cannot replace broad, organic demand.

This report maps where real support exists, what levels actually matter, and what would need to change for upside to reassert itself.

Is the bid disappearing for Bitcoin and Ethereum?

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