2026 begins with a spectacular reversal in the Bitcoin market.

On January 14th, BTC experienced its strongest rally of the year. Starting from a low of $91,000, it surged over $5,000 within 24 hours, reaching a high of $96,000, and finally closing at $95,200, with a daily increase of 4.7%. This breakout directly ended the two-week tug-of-war between $87,000 and $94,000.

The ripple effect was immediate. The total market capitalization of the entire crypto market skyrocketed by hundreds of billions of dollars overnight. Ethereum followed suit, rising 7.2% and stabilizing above $3,320. Popular tokens like Dogecoin and Solana gained over 8%, igniting market sentiment.

Looking back at the beginning of the year, Bitcoin actually experienced a complete "pullback → consolidation → breakout" cycle. In early January, it rebounded 8.5% from $87,000 to $94,400, then faced resistance and pulled back. By the second week, it entered a narrow sideways trading phase. It wasn't until January 14th, when multiple positive factors converged, that this volume-driven rally was triggered, signaling a clear directional move.

Another noteworthy detail of this breakout is that on-chain selling pressure has dropped to its lowest level in three years. The derivatives market has also completed position resets, and institutional funds are beginning to flow back in. These structural changes have laid a solid foundation for the rally, not merely driven by sentiment.

From a macro perspective, the December CPI data in the US became the catalyst for this rally. The release of the overall CPI year-over-year growth data conveyed a dovish signal to the market, providing strong support for risk assets led by Bitcoin.