SomCrypto

BTC is stuck in consolidation, but on-chain gives an interesting hint — Kimchi Premium is rising again.
Since Friday (16 Jan), Bitcoin has not maintained bullish momentum: after rejecting resistance, the price went into a narrow range and is 'sawing' without direction. This looks boring on the chart, but in the background, a signal is appearing that has often preceded growth before.
What we are looking at: Bitcoin Kimchi Premium — the price difference of BTC on Korean exchanges and global ones.
When the premium steadily rises from low/negative values and starts to grow towards historically important levels — it usually indicates a rise in retail demand in Korea, which often kicks in 'before the crowd'.
📌 Historical example: in October 2023, after a similar movement, the BTC indicator grew by approximately +370% (according to XWIN Research / XWIN Finance).
What is important: this is not a 'magic buy button'. The signal works better when it coincides with:
macro/risk-on background,
institutional flows,
confirmation on derivatives (open interest / funding / liquidations).
What I am monitoring next:
will Kimchi Premium continue its growth and consolidation above key levels, the price reaction of BTC to the nearest resistances/supports,
derivatives: funding + OI (are the longs overheated)
#BTC #Onchain #KimchiPremium #Crypto #MarketStructure

Scenario for the coming days: ETH gas 0.03 gwei (18 Jan 2026) + pending 60k + util 44.65% keeps the network cool. DeFiLlama: 740,196 active addr (24h) and Ethereum DEX vol $881.28M (24h). For BTC: US spot ETF net $394.7M (16 Jan) may keep headlines sensitive. Monitor fees/pending + addr/DEX vol for a regime shift. Sources: Etherscan/DeFiLlama/Farside. #BTC #ETH #Onchain #Flows

Scenario for the coming days: ETH gas 0.035 gwei (17 Jan 2026) + 841,915 active addr (24h) + DEX vol $1.762B (24h) — often aligns with steady network demand; sharper moves usually show up first via fees/mempool acceleration. For BTC: latest spot ETF net flow -$394.7M (16 Jan) may keep headlines sensitive.Active addresses / gas usage / DEX volume are used as proxies for engagement, network demand, and trading activity, and their acceleration often confirms a change in “regime” and an increase in volatility. What we monitor: fees/addr/DEX vol? Sources: Etherscan/DeFiLlama/Farside. #BTC #ETH #Onchain #Volatility

ETF inflows cooled vs 14 Jan: for 15 Jan BTC +$100.2M, ETH +$164.4M. No congestion visible on the ETH network: gas ~0.03 gwei, pending ~75k, util ~56%, DEX vol $2.07B/24h. Expectation: as long as fees/DEX volumes do not grow synchronously — movements often remain 'headline-driven', rather than on-chain FOMO. Source: Farside/Etherscan/DeFiLlama. #BTC #ETH #Onchain #Volatility

Closed a nice trade today at #BTCUSDT
Setup: breakout and consolidation below the key level 96 086.
After a strong downward impulse, the price paused/consolidated below the level — for me, this was a signal that the level had become resistance, and the probability of further downward movement increased.
Entry: short at 96 085.99
Exit: 95 777.01 (closed manually, without greed — took the move)
Result: +3 088.66 USDT 💰

Main takeaway of the day: levels really work, but it's important not to guess — wait for confirmation (breakout - weak retracement - continuation).

Next step: solidify the mechanics and learn to set SL/TP in advance to avoid emotional decisions.

Continuing to learn and maintain a trade journal

ETF is back in the green: Jan 14 net flow BTC +$840.6M and ETH +$175.1M. ETH on-chain is not overloaded: avg gas 0.062 gwei, pending 73.9k, util 47%. DEX vol (24h) $2.89B, active addr 909k. Expectation: while fees are not rising, it's more risk-on noise than on-chain flow.Baseline scenario for the coming days: while fees/gas, pending, and DEX volumes aren't accelerating, volatility is more likely to stem from flows/news than from on-chain Fomo. The trigger for a regime change is a simultaneous increase in gas/fees + active addresses + DEX volume. Sources: Farside/Etherscan/DeFiLlama. #BTC #ETH #Onchain #Flows

Рынок ожил: BTC $95.1k и ETH $3.33k за день в плюсе

На фоне — приток в US spot ETF (13 Jan): BTC +$753.8M, ETH +$130.0M

Но ETH-сеть всё ещё лёгкая: 0.08 gwei, pending 63k, util 51%.

Если режим сменится, первым часто дергаются fees/mempool + DEX vol. #BTC #ETH #Onchain #Volatility

BTC всё ещё выше 92k: 13 Jan 2026, 05:20 UTC 92,100 USDT. По фону институционалов - приток в spot ETF: BTC +$116.7M, ETH +$5.1M. А ончейн по ETH пока спокойный: gas 0.036 gwei, pending 82.8k, DEX vol $1.44B/24h. Сценарий на ближайшие дни: без роста fees/мемпула активность выглядит ровной, а “рывки” обычно начинаются именно там. Source: Binance News, Etherscan, DeFiLlama. #BTC #ETH #Onchain #Volatility

Scenario for the coming days: low ETH gas 0.231 gwei (12 Jan 2026) + 685,933 active addr (24h) - often corresponds to steady network demand; sharp movements usually accompanied by mempool/fees acceleration. For BTC separately: S-1 on Bitcoin Trust (6 Jan 2026) may increase media volatility around the topic of institutions. What we monitor: fees/addr/DEX vol? Sources: Etherscan/DeFiLlama/SEC. #BTC #ETH #Onchain #Volatility