Overview of popular cryptocurrencies on January 7, 2026, with the top three being: Bitcoin, Ethereum, Solana

HBAR Faces Renewed Pressure as $0.09 Support Weakens

Key Insights: HBAR price repeatedly failed to clear value area high resistance, reinforcing overhead supply and weakening bullish momentum within the current range structure. The $0.09 high timeframe support now defines short term direction as price rotates lower inside a clearly

Culper Research shorted Ethereum, citing the upgrade as the trigger for a death spiral

Culper Research report indicates that Ethereum's Fusaka upgrade caused excess block space, leading to a 90% drop in transaction fees, potentially entering a "death spiral" cycle, resulting in decreased staking demand and network security. The report mentions Vitalik Buterin selling large amounts of ETH, questioning Tom Lee's bullish outlook, and points out BitMine's loss risks held in Ethereum.

Pi Network Today's News: $0.20 Becomes the Bull-Bear Threshold, Token Unlock Adds Variables

Pi Network (PI) tokens recently surged in price, breaking through $0.1900, with a total increase of about 15%. Market sentiment has improved, and the fear index has risen back to 29. However, 20.8 million PI tokens will be unlocked on Saturday, which could increase selling pressure and pose a short-term risk to the price. If it can break through $0.1959, the target price is $0.2613; but a drop below the 50-day moving average could turn the trend bearish.

Glassnode: Bitcoin selling pressure has eased, but institutional demand remains in the testing phase

PANews March 6 News, Glassnode posted on X platform analyzing that the outflow trend of Bitcoin spot ETF funds has stabilized. The 14-day net flow trend has turned upward, indicating that as Bitcoin breaks through $70,000, selling pressure is easing. Institutional demand remains in a tentative stage, but early signs of reaccumulation are beginning to appear.

XRP Today's News: Musk X Money Beta Released, Sparks On-Chain Integration Speculation

Elon Musk's X company has launched a beta version of the X Money payment system, allowing users to transfer and manage funds, sparking widespread discussion about XRP integration. Although there are no official plans for cryptocurrency integration at the moment, the market is generally optimistic. Analysts believe that XRP has design advantages for payments, especially with improved regulatory environments, making it more promising. However, the practicality of stablecoins is also under scrutiny. XRP is currently testing the $1.50 technical resistance level. If successfully broken through, it could trigger further gains.

ETH short-term upward movement of 0.99%: Driven by whale inflows and external capital transfers, a structural rebound

From 01:30 to 01:45 (UTC) on March 6, 2026, ETH achieved a return of +0.99% within 15 minutes, with a price range of 2065.42 to 2088.57 USDT, and an amplitude of 1.12%. The volatility during this window was significantly higher than the daily average, increasing short-term market attention. Liquidity was relatively low, and some large transactions drove the trading volume upward. The main driver of this abnormal movement was the concentrated inflow of whale funds into decentralized exchanges and large transfers. On-chain monitoring detected multiple large ETH fund inflows into DeFi protocols and trading platforms, effectively pushing