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.
![Spring Festival merchandise](https://exampl
As of January 28, 2026, BTC is currently around $89,000. Recently, due to the Federal Reserve's policy silence period and fluctuations in the overall network hash rate, the price has entered a high-level oscillation and correction phase. On the technical side, $90,500 is a key resistance level for short-term bulls to regain strength; support levels to watch below are $88,000 and the strong/weak boundary at $85,000.
On the macro front, institutional ETF sell-offs have slowed down, and capital inflows are stabilizing, but overall market sentiment remains cautious and "fearful." If the price cannot effectively hold above the 90,000 mark during the day, it may face a retest of lower levels. Operationally, it is recommended to monitor whether the price can stabilize with reduced volume and strictly control leverage risks. Currently, the market is in a buildup phase, waiting for new macro data to guide the direction.