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Today is January 27, 2026. The cryptocurrency market has experienced a technical rebound after a decline, but overall sentiment remains cautious. The main characteristics are the coexistence of short-term recovery and medium-term adjustment pressures.
📊 Major Coin Dynamics
🌿 BTC (Bitcoin): The current price is in the range of $87,000-$88,000. Yesterday, a candlestick with a long lower shadow was formed, indicating strong support around $86,000. Today, it has rebounded slightly by about 1.23%. Key resistance levels above are at $89,000-$90,000. If a volume breakout occurs, further rebound may be triggered; otherwise, there is still a risk of retesting support.
🌺 ETH (Ethereum): Slightly stronger than Bitcoin, currently trading at $2,920-$2,935, with an intraday increase of about 1.7%-2.89%. It successfully held the critical support at $2,890, with short-term targets at $2,950-$3,000. However, a whale address that has been dormant for 9 years has transferred a large amount of ETH to exchanges, which could pose potential selling pressure.
🔍 Market Influencing Factors
This rebound mainly stems from technical oversold recovery and some bottom-fishing funds entering the market. However, the market still faces capital competition pressure, with some funds flowing into safer assets like gold and AI stocks with clear growth narratives. Data shows that Bitcoin ETF funds have continued to experience net outflows, with over $1.3 billion flowing out in the past week. Additionally, the upcoming Federal Reserve interest rate decision is widely watched, as its outcome will influence market liquidity expectations.
💎 Summary and Outlook
In the short term, the market is at a critical stage of contention, requiring new catalysts to determine the direction. Traders should be cautious of selling pressure at key resistance levels and set strict stop-losses. #内容挖矿焕新公测开启 #黄金白银再创新高 #特朗普取消对欧关税威胁