The SEC has drawn a clear regulatory line for tokenized securities, affirming 
that crypto-based formats remain fully subject to federal securities laws 
while signaling regulatory support for compliant onchain issuance and trading 
models. SEC Clarifies How Federal Securities Laws Apply to Tokenized 
Securities The U.S. Securities and Exchange Commission (SEC) provided 
regulatory clarity on crypto-based […]

SEC Clarifies Tokenized Securities Rules, Opening Door to Regulated Onchain Equities

Bulls kept a collapse from happening this week when Bitcoin found buying 
interest above the mid-$80,000s. Prices bounced off a key range, and that 
breathing room has traders watching the market’s plumbing — not just the 
headline price. Reports note that the path to a lasting recovery is likely to 
go through improved liquidity, with market watchers pointing to on-chain 
measures as the real signal to watch. Related Reading: Record Pain: Bitcoin 
Investors Suffer $4.5B Loss, Most In 3 Years At Center Stage: Market Structure 
And Liquidity Glassnode and other analysts have flagged a tight snapshot of 
supply stress: roughly 22% of circulating Bitcoin is sitting below its 
purchase price, which raises the chance that outsized selling could kick in if 
support fails. That’s a nontrivial share of coins that could change hands 
under pressure. Any meaningful transition back toward a strong market rally 
should be reflected in liquidity-sensitive indicators such as the Realized 
Profit/Loss Ratio (90D-SMA). A sustained rise above ~5 has historically 
signalled a renewal of liquidity inflows into the market.… 
https://t.co/ct0FhOLFXh pic.twitter.com/JqbfdlRk2b — glassnode (@glassnode) 
January 28, 2026 The specific metric now being watched is the realized 
profit/loss ratio on a 90-day basis. Historical episodes of steady recoveries 
have tended to line up with this ratio moving above about 5, which many 
analysts treat as a sign that real money is rotating back into the market. A 
repeat of that pattern would make rallies more durable; until then, rallies 
look vulnerable to being trimmed. According to a post shared on X, Glassnode 
said focus has moved toward liquidity after Bitcoin managed to defend the 
$80,700 to $83,400 support zone. Reports note that any move toward a lasting 
rally would need to show up in liquidity-based signals, with close attention 
on the 90-day moving average of the realized profit and loss ratio. Bitcoin 
Price Action And Geopolitics Midweek trading left Bitcoin in a cautious band 
near the high-$80,000s. Geopolitical headlines have been shaking risk 
appetite, nudging some traders into safer assets and prompting short bursts of 
volatility. That has kept follow-through buying muted even when prices test 
higher levels, and it helps explain why some short-term bets are focused on a 
squeeze toward the low-$90,000s before profit-taking reappears. Flows Into 
Exchanges Still Low Exchange inflows, a rough barometer of selling pressure, 
remain subdued. Data shared by market trackers shows monthly BTC inflows to 
Binance at levels far below the long-term average — only a fraction of what 
was typical in past years — suggesting many holders are choosing to keep coins 
off exchanges rather than move them for sale. That reduces immediate downside 
risk, but it does not prove that buyers will step in en masse. Related 
Reading: Gold, Silver Steal The Spotlight As Crypto Hype Fades On Social 
Media: Santiment Futures And The Risk Of A Liquidity Grab Futures markets and 
options positioning hint at a possible short-term liquidity grab near the 
low-$90,000s, where stops and leverage cluster and can be pulled into a quick 
move. Such moves are often violent and brief. They can create the impression 
of a breakout, only for spot markets to settle back once the extra liquidity 
is consumed. Featured image from Pexels, chart from TradingView

Bitcoin Needs Deeper Liquidity Before A Real Recovery Takes Shape: Analysts

Bitcoin margin longs at Bitfinex exchange reached a 2-year high prior to 
stocks and crypto selling off sharply. Should traders expect a rally or the 
correction to continue?

Bitfinex Bitcoin longs hit 2-year high: Is a rally to $100K possible?

Crypto sentiment remained mired in fear on Thursday as the Crypto Fear and 
Greed Index stayed stuck in the low 20s, reflecting weeks of fragile 
confidence while bitcoin slid below $84,000 amid equity weakness and mounting 
macro stress. Crypto Fear Gauge Highlights Caution During Broad Market 
Pullback The Crypto Fear and Greed Index (CFGI) hosted […]

Crypto Sentiment Falters as Fear Index Lingers Near Extreme Levels

The product offers exchange-traded exposure to JitoSOL with staking rewards 
embedded, as liquid staking ETFs remain under review in the United States.

Cryptocurrency price in USD