January 20, 2026
$BTC Currently leaning towards a bearish stance, investors should prioritize risk prevention and avoid blindly bottom-fishing.
1. Trend Judgment: A short-term downtrend has been established, but the price remains in a key support zone
- Price Action: Continuous decline from recent highs (around January 14 at 97,720), with the latest closing at 92,530.25, breaking below the previous consolidation range (approximately 94,000-95,000). On January 18, a sharp drop (-3.5%) occurred, accompanied by increased volume (228 million), confirming bearish momentum.
- Moving Average S