Key insights and market outlook
Major cryptocurrency prices rebounded in early 2026, with Bitcoin rising 1.46% to US$88,777 and Ethereum gaining 1.37% to US$3,014. Despite the positive start, market observers remain cautious as the rebound is not seen as a solid trend reversal. The current market movement is largely influenced by global liquidity conditions and lacks strong data to confirm a sustained shift toward riskier assets.
The cryptocurrency market saw a positive start to 2026, with major assets recording notable gains. According to data from CoinMarketCap as of January 2, 2026, at 15:02 WIB, Bitcoin (BTC) rose 1.46% to US$88,777, while Ethereum (ETH) increased by 1.37% to US$3,014. Despite these gains, market participants remain cautious about the sustainability of this rebound.
Christopher Tahir, co-founder of Cryptowatch, noted that the current rebound has not yet indicated a solid trend reversal. He emphasized that cryptocurrency movements in early 2026 remain heavily dependent on prevailing market narratives. 'For 2026, it very much depends on the narrative that will be pushed,' he stated in an interview with Kontan on January 2, 2026.
The primary sentiment influencing the cryptocurrency market continues to revolve around global liquidity conditions. Christopher added that there is currently a lack of robust data to confirm a sustained shift toward riskier assets, including cryptocurrencies. This uncertainty keeps market participants on alert as they navigate the early stages of 2026.
The mixed sentiment in the cryptocurrency market reflects broader market uncertainties. While the early 2026 rebound is seen as a positive development, observers are waiting for stronger indicators to confirm whether this marks the beginning of a more sustained recovery in the crypto market.
Cryptocurrency Price Rebound
Market Sentiment Shift