January 28th mainstream coin 24h market interpretation
In the past 24 hours, the entire crypto market has entered a high-level oscillation phase, with mainstream coins not showing a trend-breaking position, and the market is more inclined to 'wait for news, wait for direction.'
🟠 BTC|Market direction anchor point
Technical aspect
Support: 92,000 – 95,000
Strong support: 88,000 – 90,000
Resistance: 105,000 – 108,000
BTC daily chart is still operating within the range, and the structure is not considered broken before breaking key support.
News aspect
Spot ETF capital flow is still the core of short-term volatility.
Long-term holders have not shown obvious panic, and the market has not entered a trend reversal.
➡ Conclusion: BTC is slightly oscillating, more of a 'stable market', not a main attack.