Digital and Crypto Financial Market as of the morning of January 23, 2026. Despite a slight price correction compared to the beginning of the week, technical signals still support an optimistic scenario.
🚀 Market Overview: Bitcoin Builds a Foundation, Ready for a New Breakthrough After days of strong fluctuations, the market is entering a crucial accumulation phase, with the focus on the shift of capital from traditional assets to digital assets. 1. Bitcoin (BTC): Establishing a "Higher Bottom" at $89K 24-Hour Volatility: BTC mainly fluctuated within a narrow range of $88,000 – $90,000. This morning (January 23), the price is hovering around $89,000. Trend Analysis: Although the price is lower than the $92.5K level of January 19th, holding above the psychological support zone of $88K amidst significant profit-taking pressure is an extremely positive sign. Long-term indicators (such as the MA200) are still sloping upwards, confirming this is just a "re-test" of support before heading towards higher milestones in Q1 2026. 2. Ethereum (ETH) & Altcoins: The Perseverance of the $2.9K Mark Ethereum: ETH is trading above $2,900. Despite facing pressure from BTC, the Ethereum ecosystem continues to attract significant capital inflows thanks to network upgrades and the explosion of next-generation decentralized finance (DeFi) applications in 2026. Cash Flow: Bitcoin Dominance Index (BTC.D) shows signs of sideways movement, opening up opportunities for well-established altcoins to break through. 💡 Outlook & Action The market is currently in a "purging" phase of short-term leveraged positions. With BTC holding the $89K mark, the uptrend remains intact. This could be an opportunity to accumulate more potential positions before the market enters the next upward wave. Note: Pay attention to news from the Fed and new developments in the US over the next 24 hours, as these will be the triggers for weekend volatility. #SachtonyMartket #BTC #ETH #GT #ICP
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Digital and Crypto Financial Market as of the morning of January 23, 2026. Despite a slight price correction compared to the beginning of the week, technical signals still support an optimistic scenario.
🚀 Market Overview: Bitcoin Builds a Foundation, Ready for a New Breakthrough
After days of strong fluctuations, the market is entering a crucial accumulation phase, with the focus on the shift of capital from traditional assets to digital assets.
1. Bitcoin (BTC): Establishing a "Higher Bottom" at $89K
24-Hour Volatility: BTC mainly fluctuated within a narrow range of $88,000 – $90,000. This morning (January 23), the price is hovering around $89,000.
Trend Analysis: Although the price is lower than the $92.5K level of January 19th, holding above the psychological support zone of $88K amidst significant profit-taking pressure is an extremely positive sign. Long-term indicators (such as the MA200) are still sloping upwards, confirming this is just a "re-test" of support before heading towards higher milestones in Q1 2026.
2. Ethereum (ETH) & Altcoins: The Perseverance of the $2.9K Mark
Ethereum: ETH is trading above $2,900. Despite facing pressure from BTC, the Ethereum ecosystem continues to attract significant capital inflows thanks to network upgrades and the explosion of next-generation decentralized finance (DeFi) applications in 2026.
Cash Flow: Bitcoin Dominance Index (BTC.D) shows signs of sideways movement, opening up opportunities for well-established altcoins to break through.
💡 Outlook & Action
The market is currently in a "purging" phase of short-term leveraged positions. With BTC holding the $89K mark, the uptrend remains intact. This could be an opportunity to accumulate more potential positions before the market enters the next upward wave.
Note: Pay attention to news from the Fed and new developments in the US over the next 24 hours, as these will be the triggers for weekend volatility.
#SachtonyMartket #BTC #ETH #GT #ICP