BTC Market Analysis January 19, 2026 The 92000 mentioned in yesterday's video was tested as scheduled this morning, and BTC dropped to around 91910 before withdrawing. Looking at it at a small level, it ran an overall convergence structure during the day. What will BTC do next? Will the rebound continue to decline or will the adjustment end and start to rise? There are two possibilities for BTC's future trend, red and blue, as shown in the chart: Red Route: There is a rebound here, which is blocked at 945-955, and then continues to decline, breaking through the 91-92 line. If we go this way, BTC will officially enter a downward trend in the future, and the 97900 line will become the highest point before the Spring Festival. Blue Route: BTC is running a correction against the upward trend of 84450-97900, and will continue to rise after finding the adjustment endpoint in the near future. It is expected to reach a new high above 97900 as early as this week. If we go this way, the physical part of the 4-hour K and daily line is not allowed to fall below the red support range shown in the chart. Trading itself is a game of probability. In the next two days, I will pay attention to the trend of BTC. If it runs a rebound structure, I will look for opportunities to short it (I believe many friends are also waiting for 94-95 to go short fiercely), but I am not sure if it will definitely be a rebound. This is also the reason why I still hold spot and long orders. If it weakens, I will clear and short, and if it strengthens, I will continue to hold it to adapt to changes.