NewsBTC •
January 23, 2026 at 13:01 •
Analysis
Crypto researcher Axel has provided insights into why the Bitcoin, Ethereum, and Solana prices are still crashing. This comes as BTC continues to see a supply overhang, which threatens to put more downward pressure on crypto prices. Why The Bitcoin, Ethereum, and Solana Prices Are Still Crashing In a research report, Axel noted that anomalous exchange inflows accompanied the BTC breakdown below the $90,000 zone as sellers prepared in advance. The market is also still at risk of further selling pressure as the 1.0 level of the short-term holders’ SOPR is now acting as a resistance rather than support. As such, there is a possibility that Bitcoin, Ethereum, and Solana prices will decline further. Related Reading: Altcoin Season In Q1? Bitcoin, Ethereum Breakdown Maps...
