CoinEx Daily: Bitcoin Remains Range-Bound in Narrow Channel as Investors Await Clear Direction

Daily View

Bitcoin opened the new year trading near $87,500, fluctuating within a narrow consolidation range between $85,000 and $93,000. On-chain data indicates that the market has reached a state of equilibrium following the turbulence experienced at the end of 2025. Bitcoin closed 2025 down about 6%, marking its first annual decline since 2022.