Where is the bottom for Bitcoin? Market sentiment has shifted from hoping for 100,000 to praying for 80,000. Since January 14, it has fallen more than 10%. The latest data from January 27 shows that gold prices have surpassed 5,000 USD. Funds are flowing from digital gold to physical gold. The temporary failure of this safe-haven property is the main reason for the loss of 87,000 at $BTC .
Currently, attention should be paid to key support levels at 80,000 and 75,000. Short-term fluctuations are not the core focus; if prices rebound, hold and gradually diversify the allocation, and if a deep correction occurs, it should be seen as a buying opportunity.
2026 is a cyclical bear market, and a drop of over 50% down to 58,000 is considered a thorough decline.
Now, the $ETH has no story in front of AI and no sense of security in front of gold. In the past week, there has been a withdrawal of 1.3 billion to 1.7 billion USD. Institutions are no longer the ones picking up the pieces but have become the ones smashing the market. The U.S. has become a heavy disaster zone for withdrawals. The probability of falling below 2,000 is much higher than returning to 4,000.
