Article editing time: January 20, 2026, 12:20 AM. All opinions do not constitute any investment advice! For learning and communication purposes only.

Self-discipline hides infinite possibilities in life, and its depth also measures the height of life. Every step of deep cultivation has its own echoes; the more disciplined one is, the further they go. I am Fuzhu, deeply engaged in analyzing mainstream cryptocurrency trends, breaking down market logic with professional accumulation, and providing pragmatic trading ideas.

Market Overview

The total global cryptocurrency market cap has shrunk to about $3.12 trillion, with a 24-hour decline of 2.5%-3%, and trading volume barely maintained around $120 billion. Bitcoin has dropped from last week's high of $98,000 to around $92,000, while Ethereum has also suffered greatly, falling below the $3,200 mark. SOL has been hit hard, plunging 6%-8%. The Fear and Greed Index is heading straight for the "fear abyss" at 32. The entire market is shrouded in the shadow of Trump's "Greenland Tariff" farce, and the powder keg of the US-EU trade war has made risk assets tremble collectively, with altcoins like Solana and XRP plummeting 6%-8%. However, institutional ETF funds have poured about $700 million into the market, injecting a bit of warmth.

Fundamentals

Institutional demand is surging like a tide. After record inflows into ETFs and on-chain leverage washouts, small wallets have begun to actively accumulate, increasing the supply from long-term holders. Persistent short-term inflation and the rebound in global bonds suppress risk appetite, and we must also pay attention to the potential risks brought by the expiration of options (total value of $3 billion).

Policy Environment

The policy direction is as unpredictable as Trump's tweets! The "Greenland Tariff" threat is like a heavy punch, with a 10% tariff targeting eight EU countries (including the UK, Germany, France, and Denmark) starting February 1, triggering global risk aversion and wiping out hundreds of billions in market value. The delay of the CLARITY Act and the partial withdrawal of support from Coinbase have intensified regulatory fog, and the escalation of the US-EU trade war may hinder the integration of cryptocurrency into traditional finance. However, in the long run, political instability may actually strengthen BTC's appeal as a safe haven, especially against the backdrop of domestic turmoil in the US.

Technical Analysis

BTC is currently consolidating around $92,300. After a significant drop yesterday, it has been moving in a structural market, oscillating in the $92,000-$93,500 range. The daily MACD has formed a death cross, the volume bars have turned from green to red, and the KDJ continues to show a death cross, testing the support of the Bollinger middle band, which is currently effective. From a technical perspective, a change in trend may be imminent. Support levels are at $90,000-$91,000; if it breaks below $90,000, it could drop to $86,000. Resistance is at $94,000-$95,000. The medium to long-term bullish trend has not changed, but the short-term is entering a correction. In terms of operations, one can gradually build long positions in the $91,000-$92,000 range and take light short positions near $94,000. ETH is currently oscillating around $3,200. In terms of operations, one can take light long positions near $3,100 and light short positions near $3,300. (Remember to control contract positions within 10% and set stop-losses.)

Disclaimer: The above content is personal opinion, and the strategy is for reference only, not as an investment basis. Any risks taken are at your own discretion.

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