Key Market Indicators
The Bitcoin Fear and Greed Index has climbed to 61, the highest point since October 2025. This development aligns with a significant Bitcoin rally reaching approximately $97,700 and a new trend marked by declining exchange reserves.
Tracking indicates a shift from neutrality to greed, reflecting bullish sentiment. Santiment, a major analytics firm, reported, "🥳 Bitcoin has roared back to a 2-month high of $97.5K. Over the past 3 days, there is a net drop of -47,244 holders, indicating that retail had been dropping out due to FUD & impatience. This price bounce has also been supported by a 7-month low 1.18M $BTC on exchanges. 👍"
Bitcoin Fear and Greed Index jumps to 61 (Greed) as Bitcoin rallies to $97.7K and exchange reserves hit a 7-month low. Retail investors appear to be exiting, while long-term holders are accumulating. This could signal a potential short-term correction amidst renewed optimism. pic.twitter.com/YxJzF5r6qX
— CryptoJelleNL (@CryptoJelleNL) January 14, 2026
Market Rally and Exchange Reserves Dynamics
The recent rally has propelled Bitcoin's price from $89,799 to $97,704 within a week. Market sentiment appears bullish, driven by reduced selling pressure and a decrease in retail holder participation.
Financial data highlights that exchange reserves currently stand at a 7-month low. This condition reflects accumulation by long-term holders. Paired with low Value Days Destroyed, this suggests a consolidation phase with limited seller pressure.
Future Bitcoin Projections and Market Sentiments
Experts predict potential for Bitcoin to reach $100K. Prevailing social data shows bearish sentiment despite the recent price gains. Long-term accumulation trends reinforce this narrative.
Data indicates that historical trends of high index values often precede short-term corrections. However, current market momentum and ETF inflows could support further rallies, although warnings of a potential correction remain in place.
Bitcoin's Fear and Greed Index is at 61, indicating Greed. This is the highest level since October 2025. Bitcoin's price has surged to approximately $97,700, and exchange reserves have dropped to a 7-month low. This combination suggests a potential short-term correction is possible, but the overall trend remains bullish. pic.twitter.com/4i0rXlq0zL
— Ali (@ali_charts) January 15, 2026