Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
: Profit-Taking Pressure at a Psychological Level
24-Hour Volatility: BTC briefly stabilized within the $93,000 – $95,000 range. However, upon approaching the $95K mark, short-term selling pressure emerged, causing the price to retreat to around $92,500 this morning (January 19th).
Quick Analysis: The approximately 3.3% drop over the past 24 hours indicates that investors are taking profits after Bitcoin failed to immediately break through the strong resistance zone. The current key support level is in the $91,500 – $92,000 range. If this level holds, the upward momentum to $100K next week remains very promising.
2. Ethereum (ETH) and Altcoins: Maintaining Strength
Ethereum: ETH continues to show resilience, trading steadily above $3,200. Maintaining this price level while BTC corrects suggests that capital is shifting to larger ecosystems instead of withdrawing from the market.
Market Capitalization: The total market capitalization has seen a slight decrease, but trading volume remains high, reflecting the abundant liquidity of institutional capital at the beginning of 2026.
#SachtonyMartket #BTC #ETH