Bitcoin's Five-Day Rally Momentum Tested: What Asian Traders' Eyes Are Seeing in This Rebound

Bitcoin (BTC) staged an impressive show during Asia’s Monday session, climbing from around $92,500 to $93,600 with intraday peaks near $94,000. The move marks progress toward the longest winning streak in three months — setting up a potential fifth consecutive day of gains. Current price data shows BTC at $91.88K with 24-hour gains of +1.49%, reflecting consolidation after the recent push higher.

What are Asian traders eyeing as drivers behind this momentum? Market observers point to a convergence of factors reshaping sentiment after December’s selling pressure.

Institutional Capital Returns to the Table

The most tangible support has come from spot Bitcoin ETF inflows, recording the largest single-day totals in recent weeks. This institutional re-engagement matters: it signals that major players who sat on the sidelines through year-end tax-loss season are actively redeploying capital into the new year. That technical foundation matters to traders watching the 21-day exponential moving average — a key support level that will determine whether this rally has staying power.

Altcoins Echo Bitcoin’s Strength, but With Divergence

The broader digital asset complex showed healthy participation across the board. Solana (SOL) climbed 1.08% over the last 24 hours, while Ethereum (ETH) managed modest gains of +0.12%. XRP, however, retreated 0.76% in recent hours, suggesting selective risk appetite rather than across-the-board euphoria. That mix matters: it indicates traders are being choosy, not chasing indiscriminately.

“Market sentiment is transitioning into bullish trend structures,” noted Markus Thielen from 10x Research. The late-December options expiry cleared a major technical hurdle, allowing desks to rebalance without the pressure of forced realizations.

When Geopolitical Noise Becomes Risk-On Fuel

A secondary but notable catalyst emerged from geopolitical developments early this year. The intensified international tensions triggered what analysts describe as a “flight to quality” — a dynamic that paradoxically lifted both traditional safe havens like gold and risk assets like Bitcoin simultaneously. This unusual alignment underscores how institutional portfolios are repositioning as they adjust to a shifting macro backdrop.

Energy markets remain relatively contained, with oil prices preventing immediate cost-shock scenarios — a relief for risk assets that had faced headwinds through much of 2025.

The Question Every Trader is Asking

Can Bitcoin sustain this momentum into a genuine trend shift, or are we seeing a temporary relief bounce after December’s tech underperformance? That’s what Asian traders’ eyes are trained on. The five-day winning streak would be the longest since early October — a milestone that carries psychological weight in market positioning.

The technical setup looks constructive as long as BTC holds above its 21-day exponential moving average. Volume patterns and macro developments will ultimately determine whether this becomes the start of a sustained recovery or consolidation before the next directional move.

For now, the script reads: institutional return + year-end distortion fade + risk sentiment improvement = cautiously optimistic near-term bias heading deeper into 2026.