Breakout 2026

Markets enter tight consolidation Friday as Bitcoin holds $90.2K (+0.3%), Ethereum $3,089 (-0.8%). CRITICAL PATTERN: Current range-bound action mirrors April 2025 consolidation that preceded record $126K run. ETF outflows total $1.13B over 3 days, BUT this is ACCUMULATION not capitulation—thin liquidity creating choppy price action while institutions position. Key catalysts: Senate CLARITY Act vote Jan 15th, NFP jobs data today, and 50-day time-based capitulation nearing completion. Technical setup: BTC testing critical $90K-$91K support with $93K-$95K resistance. THESIS: Consolidation ending, explosive Q1 breakout loading.