Bitcoin's price action is stabilizing below $100,000 as macro pressure eases, with analysts arguing a move toward the six-figure mark is becoming structural rather than speculative. Following a volatile consolidation period below $90,000, market structure suggests the recent pullback is corrective. Despite last week's sell-off driven by macro caution and briefly negative ETF flows, downside momentum has slowed as risk sentiment stabilizes.
A notable shift has occurred in derivatives markets, with hedge funds sharply reducing Bitcoin short exposure on CME futures since late 2024. Analysts interpret this as positioning for potential upside. Macro catalysts are now front and center, with markets awaiting the next Federal Reserve meeting. Any dovish indicators could trigger renewed risk asset demand, potentially helping Bitcoin reclaim the $92,500–$95,000 zone and opening a path toward $100,000.
Meanwhile, capital is rotating into high-utility crypto investments, with the Remittix (RTX) presale nearing 95% sold out. The PayFi token project has raised over $28.8 million, with over 700 million of its fixed 750 million token supply already sold. Remittix is building infrastructure to connect crypto directly to traditional banking rails, allowing users to convert digital assets into fiat for global payments through a streamlined app. The platform is set to launch on February 9, 2026, and has confirmed a CEX listing on BitMart, with LBank announced next.
In contrast, XRP continues to grapple with regulatory overhang and price resistance around $1.97-$2.00. While technical indicators show a possible short-term trend reversal from a falling wedge pattern, some analysts forecast XRP could consolidate or even drop below $1 in 2026 if key supports fail. The XRP Ledger is seeing increased use of its native automated market maker (AMM) and expansion of on-chain activity, but the token faces persistent resistance and competition from newer utility-focused projects.