The performance of the digital asset index recorded a 0.6% decline during the January 23, 2026 session, settling at 2,730.82 points. According to industry financial reports, Polygon (POL) led the retreat with a 2.2% drop, directly affecting the global market capitalization of assets while investors assimilated new data regarding the ongoing and significant market volatility.
Accompanying this trend, Internet Computer (ICP) joined the losses with a 1.7% decline, establishing itself as one of the least profitable assets. Despite this outlook, half of the index components managed to trade in positive territory, evidencing a notable resilience against the selling pressure that dominated much of the international trading hours across the main global markets.
On the other hand, the asset Aptos (APT) stood out with a 1.8% increase, positioning itself as the undisputed leader in daily gains. Likewise, Uniswap (UNI) advanced 0.8%, offering an optimistic counterpoint to the generalized retreat, which demonstrates that certain sectors maintain buyer interest despite the surrounding macroeconomic uncertainty currently affecting the digital asset financial sector.
Technical evolution of main assets and the impact on liquidity
The decline of Polygon, which represents a significant correction for long-term holders, could trigger additional adjustments in the immediate supports. However, this downward movement occurs in a context where the blockchain seeks to optimize its protocols, generating a dual expectation between momentary devaluation and the potential for recovery projected for the near future according to recent analysis.
Furthermore, the loss of 15.95 units in the sectoral average reflects a persistent caution, where market participants prioritize immediate asset liquidity. Therefore, the behavior of assets such as ICP, whose correlation with leaders is evident, acts as a thermometer of general confidence, suggesting that the technical consolidation phase has not yet fully concluded during this specific trading session today.
Consequently, the analysis of capital flows reveals that, despite the falls, the transaction volume remains at healthy levels. This implies that, while there are specific setbacks, the underlying market structure remains fully intact, allowing assets with solid fundamentals to absorb the impact of forced liquidations observed during the last trading hours of this volatile and complex financial week.
Will the market be able to reverse the negative trend led by Polygon and Aptos?
In this way, analysts’ attention is now focused on the recovery capacity, seeking signs of exhaustion in the selling pressure. Since the stability of the index depends on the rotation towards defensive assets, the behavior of the top gainers will be crucial to determine if the current correction is simply a temporary bump within a broader bullish cycle.
It is also relevant to consider that external macroeconomic factors, such as interest rates, continue to influence the valuation of assets. Therefore, although technical data might suggest an oversold condition, institutional caution could limit significant rebounds, keeping the prices of the main protocols within narrow ranges during the upcoming global trading sessions over the next few business days.
Finally, all eyes are on the weekly close, where stability above current levels will be decisive for future moves. Although structural challenges persist, the adaptive capacity of the digital financial sector suggests that the market could find a dynamic equilibrium, allowing a gradual recovery of investor confidence after the high volatility events recently observed in the markets today.
