Digital financial market as of the morning of January 24, 2026.
After an extreme surge in mid-month, the market is entering a clear correction and consolidation phase. 📉 Cryptocurrency Market: Short-term Red Over the past 24 hours, there have been signs of money flowing out of risky assets to seek safer havens amidst global geopolitical fluctuations. 1. Bitcoin (BTC): Falling below the $90K support zone 24-hour volatility: BTC fluctuated within a fairly wide range from $88,000 to $91,000. However, the bulls (buyers) failed to hold the $90K mark due to increased selling pressure. Current price: This morning, BTC is trading around $89,000. Quick Analysis: Compared to the $92.5K level on January 19th, Bitcoin has lost approximately 3.8% of its value. The price remaining below $90K indicates that cautious sentiment prevails. The $88K level is a crucial resistance point; a breach of this level could lead to a sell-off towards the $85K region. 2. Ethereum (ETH) and Altcoins Ethereum: ETH is also not immune to the trend, retreating to $2,900. Losing the $3,000 mark is a rather negative signal for Altcoin groups that heavily rely on the leadership of ETH. Market Sentiment: The Fear & Greed Index has fallen from "Extreme Greed" to Neutral (52/100). #SachtonyMartket #BTC #ETH #GT #ICP
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Digital financial market as of the morning of January 24, 2026.
After an extreme surge in mid-month, the market is entering a clear correction and consolidation phase.
📉 Cryptocurrency Market: Short-term Red
Over the past 24 hours, there have been signs of money flowing out of risky assets to seek safer havens amidst global geopolitical fluctuations.
1. Bitcoin (BTC): Falling below the $90K support zone
24-hour volatility: BTC fluctuated within a fairly wide range from $88,000 to $91,000. However, the bulls (buyers) failed to hold the $90K mark due to increased selling pressure.
Current price: This morning, BTC is trading around $89,000.
Quick Analysis: Compared to the $92.5K level on January 19th, Bitcoin has lost approximately 3.8% of its value. The price remaining below $90K indicates that cautious sentiment prevails. The $88K level is a crucial resistance point; a breach of this level could lead to a sell-off towards the $85K region.
2. Ethereum (ETH) and Altcoins
Ethereum: ETH is also not immune to the trend, retreating to $2,900. Losing the $3,000 mark is a rather negative signal for Altcoin groups that heavily rely on the leadership of ETH.
Market Sentiment: The Fear & Greed Index has fallen from "Extreme Greed" to Neutral (52/100).
#SachtonyMartket #BTC #ETH #GT #ICP