By late January 2026, Bitcoin's price trend has stabilized. In the past couple of days, the market has been testing the upper and lower bounds but has not been able to break through the established framework—hovering around the range of $58,000 to $62,000.

To talk about investor sentiment, honestly, it's just waiting. Waiting for the next signal from global macroeconomic policies, waiting for the stance of regulatory authorities in various regions. These macro background factors still have a significant impact on the cryptocurrency market. Compared to the previous period of large fluctuations, the current volatility has actually decreased, and market participants are very cautious.

However, from a longer-term perspective, technological upgrades are still steadily progressing, and institutional funding participation has not declined. These two factors remain important supports for the market. So although it seems a bit dull at the moment, the underlying fundamentals are still relatively solid.