Market Report: Top 5 Cryptocurrency Gainers on January 17, 2026, led by DoubleZero

Don't cut losses before dawn! K33 Report: Bitcoin has entered the "extremely oversold zone," and selling now makes no sense

K33 Research Institute points out that Bitcoin has now entered an extremely oversold zone, with technical indicators showing bottom signals. Despite the pessimistic market sentiment, selling may not be wise, as institutional investors have reduced their holdings, and Bitcoin's stability has increased under geopolitical influences. The report believes the worst is over, and the current is a buying opportunity for rational investors.

Gate Institute: Under wartime conditions, BTC's trend remains stable with a slight upward bias, and volatility stays high

Latest data shows that the implied volatility of BTC and ETH remains high, with BTC at the 91% percentile, indicating that the options market expects short-term volatility to stay elevated. Large transactions in BTC and ETH are also active, and the Gate platform has updated its options VIP fee structure, reducing trading costs, which is especially advantageous for beginners and growing users.

K33: Bitcoin enters an extreme weekly oversold zone, with selling pressure easing and a potential for a temporary rebound brewing

The K33 analysis report indicates that Bitcoin has entered an extremely oversold zone after experiencing selling pressure. Recently, selling pressure has eased, and the market shows signs of stability. Historical data shows that Bitcoin often rebounds after an extreme bearish cycle, although it takes time to form a bottom. However, overselling and supply recovery suggest a rebound opportunity. Nevertheless, the options market still exhibits a strong bearish sentiment.

XRP Wedge Play: Dip to $1.20, Then 25% Pump to $1.50?

XRP is currently consolidating around $1.35–$1.40 after a previous high near $1.67. Analysts highlight a critical support level at $1.20, where a bounce could trigger a potential 25% rally towards $1.50. However, broader market conditions remain uncertain, necessitating caution from traders.

Analysis: The CLARITY Act's expected warming effect combined with the fiat devaluation logic regression is driving BTC to strengthen against the trend

Under the influence of the Middle East conflict, Bitcoin has risen against the trend, reaching a one-month high, and the overall crypto market is recovering. Factors driving the increase include expectations of fiat currency devaluation, optimistic sentiment about conflict easing, and the upcoming passage of the CLARITY Act, which is expected to benefit the legal status of stablecoins.