Infinex Daily Report 01.06: Bitcoin Breaks Long-Term Trendline, ETF Capital Flows Significantly Rebound, Exchange Net Withdrawals Continue

1. Bitcoin Market Price Trends and Long-Term Forecasts
Bitcoin price breaks through the 12-year macro trendline. Historical tests show that after this support level proves effective, it often triggers accelerated upward movement. 2026 may mark the start of a super cycle. Institutions believe the current market structure is more mature, with rising demand for scarce assets. Currently, Bitcoin trades between $85,000 and $94,000, and on January 5, 2026, it surged past $93,000. ETH also broke through $3,200 simultaneously. Market sentiment shifted from bearish to neutral and gradually optimistic, with the Fear & Greed Index rising to 42. Institutions predict Bitcoin may reach a new high of $150,000 in 2026, supported by Federal Reserve liquidity injections, spot ETF capital inflows, and a global rally in risk assets (Japanese and Korean stock markets, precious metals).

2. Institutional Capital and ETF Market Dynamics
BlackRock’s Bitcoin ETF (IBIT) experienced its largest single-day inflow in nearly three months on January 2, 2026, with a net inflow of $287.4 million, driving Bitcoin prices higher. Spot Bitcoin ETFs recorded large net inflows of $355 million on December 30, 2025, and $471 million on January 2, 2026. ETH spot ETFs also saw net inflows of $174 million during the same period, indicating continued institutional capital flow. The Federal Reserve injected $16 billion into the banking system via overnight repurchase agreements on December 30, 2025, seen as a response to financial stress signals, boosting market risk appetite. Global risk assets (US stock futures, gold, Japanese and Korean stock markets) surged broadly.

3. Mining Industry Operations and Capital Movements
Bitcoin miner Cango produced 569 BTC in December 2025, averaging 18.35 BTC per day, holding 7,528.3 BTC at month-end. The company plans to hold long-term and improve mining efficiency. A major shareholder intends to invest an additional $10.5 million to develop energy and AI computing platforms. Bitcoin miner MARA transferred 288 BTC (about $26.3 million) to market maker Wintermute, reflecting miner capital management. Cloud mining models (like NAP Hash) are gaining attention as cash flow options, offering users stable daily returns through platforms that rely on renewable energy and compliant operations, suitable for investors seeking steady cash flow.

4. Exchange Capital Flows and Withdrawal Trends
In the past 24 hours, major centralized exchanges (CEX) experienced a net outflow of 701.76 BTC, reflecting a long-term trend of investors moving assets from exchanges to self-custody. Continuous withdrawal behavior indicates market participants (especially institutions and whales) prefer long-term holding, reducing immediate selling pressure and boosting confidence in long-term value. This trend signifies market maturity and growing confidence.

5. Infinex Token Sale Strategy Adjustment
The cryptocurrency project Infinex has revised its token sale strategy, removing the previous $2,500 purchase cap. It now adopts a “bottom-up” fair distribution mechanism (all users receive proportional increases until quotas or supplies are exhausted), while maintaining priority allocation for Patron holders. This adjustment aims to enhance community engagement, ensure long-term alignment of interests, and continue the lock-up system to support stable project development.