Early 2026, the cryptocurrency market kicked off with a strong start. Bitcoin briefly broke through $96,000 on January 14th, reaching a two-month high, and then stabilized above $95,000. This breakthrough is significant—it finally broke the long-standing consolidation pattern of Bitcoin that lasted over a month, and a new upward trend may truly be on the horizon.

Data speaks: How strong is this rally?

The market has validated the strength of this upward movement with data. As of January 14th, Bitcoin's year-to-date increase has reached 8.9%. During trading that day, Bitcoin peaked at $97,694, the highest intraday price since it hit $100,000 on November 14th last year. More importantly, this rally completely broke through the previous oscillation range of $92,000 to $94,000.

Bitcoin's frenzy is not an isolated event. As the second-largest cryptocurrency, Ethereum also surged significantly during the same period, with a rise of up to 6%. The entire cryptocurrency market followed suit, pushing the total market capitalization above $3.3 trillion.

From a technical perspective, Bitcoin successfully broke above the 100-day moving average, which is a clear bullish signal for chart traders, often indicating further upward momentum.

Macroeconomic forces cannot be ignored

Behind Bitcoin's recent rebound is an improving macroeconomic environment. Slowing inflation, potential shifts in Federal Reserve monetary policy... these factors are injecting confidence into the market, and cryptocurrencies have naturally become beneficiaries.