January 26 News, the cryptocurrency market has shown obvious signs of tension. Analyst Crypto Rover issued a strong warning regarding Bitcoin price trends. He posted a technical chart on social media showing BTC breaking below the long-term upward channel, accompanied by highly emotional language, stating that the market is entering a dangerous phase. This content quickly spread among traders, causing noticeable short-term capital fluctuations.
From a technical perspective, Bitcoin has broken through the previously maintained multi-month upward trend channel, and the price has fallen below the $87,000 level. Such structural breakdowns are generally seen as important signals of trend weakening, especially in high leverage environments, often triggering more passive selling. Some technical traders have already begun shifting their focus to lower support zones to prevent further accelerated declines.
In addition to technical weakness, the macro environment is also exerting pressure on crypto assets. Currently, global geopolitical risks are rising, and some economic data have reinforced market concerns about slowing growth. Against this backdrop, gold prices have surged past $5,000, indicating that funds are flowing into safe-haven assets, while risk assets face selling pressure. Bitcoin often struggles to remain resilient during similar cycles.
Historical data shows that such breakdowns of upward channels are not uncommon. During the 2021 and 2025 bull markets, Bitcoin also experienced rapid corrections of 10% to 20% under similar patterns, before gradually stabilizing and rebounding. This suggests that short-term volatility does not necessarily mean the end of the long-term trend, but it can have a very direct impact on trading rhythm.
Currently, the key level to watch is around $86,500. This area is considered an important structural support. If bulls can reorganize defenses here, BTC still has a chance to enter a consolidation and recovery phase; if it fails to hold, a deeper correction could be triggered. For short-term traders, controlling position size and risk exposure is more important than simply betting on the direction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
MARA Sells 15,133 BTC as Stablecoin Market Cap Drops $1.27B
Gate News bot message, according to Lookonchain Weekly Report for March 23-29, 2026, liquidity and activity weakened during the week. The stablecoin market decreased by $1.27 billion, while centralized exchange volumes declined sharply. MARA led the sell pressure by offloading 15,133 BTC, valued at
GateNewsJust Now
Why is Bitcoin Going Down? Bitcoin Everlight Launches Solution for Miners Facing Liquidation Challenges
Bitcoin experienced another significant decline as leverage unwinds across derivatives markets and miners’ balance sheets tighten. Price weakness below $90,000 has coincided with elevated liquidation volume and thinning liquidity, resulting in a crash toward $82,000.
Within this environment, Bitc
CryptoPotato10m ago
Bitcoin Hashrate Dips After Iran Tensions; HOOD Down 16% This Month
Geopolitics and energy constraints shaped Bitcoin’s landscape in March as a notable drop in hashrate coincided with a geopolitical flare-up tied to Iran. Analysts estimated Iran accounts for a meaningful slice of global mining activity, with some figures placing it around 6–8% of hashrate, while
CryptoBreaking17m ago
Bitcoin Cash (BCH) Price Is Up But This Next 100x Crypto Presale Is Faster
The global financial market is shifting rapidly today as traditional assets and digital currencies begin to merge into a single ecosystem. Most people wait for a perfect signal that only appears after the massive gains are gone, leaving them to wonder why they missed the next 100x crypto
CaptainAltcoin21m ago
