The trading session today, January 28, 2026, will be remembered as the moment the market finally broke its "macro defensive" shell. After weeks of Bitcoin being suppressed below the $90k mark, the bulls have staged a powerful comeback, reclaiming the psychological high-ground.
. Bitcoin's Rebound and the "Fed" Factor
Bitcoin($BTC )Price jumped early this Wednesday, reclaiming $90,000 (approx. 25,100,000 PKR) as traders anticipate the Federal Reserve's first rate decision of the year. This move follows a sharp recovery from the weekend lows of $86,000. In Pakistan, the local exchange rate has stabilized, reinforcing Bitcoin’s role as a vital hedge against currency pressure.
Key Resistance: Watch $92,000 closely. A clean break here opens the door for a sprint toward $95,000.
Support Levels: Strong downside protection is sitting at $84,000, where institutional ETF demand is acting as a solid floor.
2. Altcoin Explosion: SOMI and JTO Stun Traders
While BTC provides the market's backbone, high-volatility "trending" coins are creating the real wealth today:
Somnia ($SOMI): Up a staggering 51.93%, currently trading at Rs92.53. Its Layer 1 speed for metaverse tech is driving unprecedented volume.
Jito $JTO : A powerhouse in the Solana ecosystem, JTO has surged 38.67% to reach Rs128.35.
FOGO: Showing strong momentum with a 17.74% gain, sitting at Rs12.28.
3. The Digital Gold Hedge
As economic uncertainty looms, investors are rotating profits into PAX Gold ($PAXG ), which is up 4.05% at Rs 1,424,869. With global gold prices hitting record highs above $5,280 per ounce, PAXG has become the ultimate "insurance policy" for smart portfolios.
📊 Strategy for Today
The market is currently in a "Buy the Dip" phase for long-term holders. While the technical ratings for BTC stabilized today, the "smart money" is focused on the Senate's upcoming vote on crypto market structure tomorrow, which could serve as the next major catalyst for a run toward $100,000.
