_Jena_(@Jena)'s insights

Market Update: Bitcoin under pressure, the "Greenland Risk"

_Jena_ · 2026-01-20T12:50:11.000Z

Market Update: Bitcoin under pressure, the "Greenland Risk" shakes the markets Today the crypto market wakes up in red, with a global capitalization dropped to $3.07T (-2.26%). Here are the key points to monitor: 1. The Macro factor: Tariffs and Geopolitics Sentiment has turned to "Fear" due to new trade tensions. President Trump has proposed tariffs against Europe related to the Greenland dispute, pushing investors towards traditional safe-haven assets like gold and away from "risk-on" assets like crypto. $BTC : Traded around $91,000, down 2.18%. The psychological support at $90k is now the key area to defend. ETH: Under pressure at $3,097 (-3.52%). 2. Altcoins retreating, but some "Gems" shine While Big Caps suffer (SOL -3.6%, ADA -2.9%), there are interesting counter-trend movements on Binance: 🚀 Top Gainers: $ARPA (+59%) and $DUSK (+51%) lead the ranking of gains today, showing that liquidity is shifting towards specific projects despite the overall trend. Technical Analysis Flash The BTC chart shows an extension of the short-term bearish trend. If the $90,000 level doesn't hold, we could see a deeper correction towards the EMA(25). However, CryptoQuant data indicates that institutional demand remains strong on dips ("buy the dip"). What do you think? Is it just a "bear trap" or the beginning of a more serious correction for Q1 2026? 💬👇 #newscrypto #Altseason2026 #BinanceSquare