BTC/USDT
The risk of a government shutdown in the US approaching 80% before January 31 dominated the headlines, while the failure to reach an agreement on the budget bill and uncertainty surrounding Senate votes took center stage in the markets. While the Trump administration took steps to soften immigration policies with the state of Minnesota in domestic politics, the decline in public support was noteworthy. On the foreign trade front, increased tariffs on South Korea created a new source of tension, while on the macro side, strong US durable goods orders signaled that economic activity was maintaining its momentum. Geopolitical risks continued to come to the fore with increased US military presence in the Middle East and stern warnings from Iran.
From a technical perspective, BTC continues to price within a falling channel trend after testing the 98,000 level. The price, which retreated to the 86,000 level with the inverted flag pattern it formed, rebounded from there and rose above the 88,000 level. With low volume and volatility, the price formed candles with short bodies. To capture the upward trend, the price faces the 90,000 level, minor descending trend lines, and major ascending trend lines. Only by passing these levels and areas can momentum increase again.
Technical indicators show that the Wave Trend (WT) oscillator formed a new buy signal in the oversold zone after the recent decline. The Squeeze Momentum (SM) indicator’s histogram briefly attempted to move into positive territory but has returned to the negative zone. The Kaufman Moving Average (KAMA) is currently trading just above the price at $88,166.
Looking at liquidation data, although the buy level was liquidated at 86,000 and 88,000, the recent decline has created a new buy level at 86,000. On the other hand, part of the intensity created by the sell level in the short term in the 88,000-89,000 band has been liquidated. In the long term, positions above the 90,000 level continue to accumulate.
In summary, while the risk of a government shutdown in the US has returned to the market’s focus, the Trump administration is trying to soften immigration practices in Minnesota. In foreign policy, additional tariffs on South Korea and military exercises in Iran are drawing attention. Looking at liquidity data, the recent decline has thinned out the buying tiers, while the selling tiers remain heavy. Technically, BTC started the new year with positive momentum, but after testing the 98,000 level, it entered a new wave of selling pressure with profit-taking, falling back to the 86,000 level. The price, which lost the minor upward channel it had formed, confirmed the decline with the falling flag seen in its structure. From this point on, the 85,000 level will be monitored as a reference zone, while in the event of a recovery, 89,000 will be monitored as resistance and 90,000 as a critical reference zone.
Supports: 87,500 – 86,000 – 85,000
Resistances: 89,000 – 90,000 – 91,400
ETH/USDT
The ETH price broke through the $2,910 resistance level yesterday evening and rose to $2,957. Although this movement produced a positive signal in the short term, the price has not been able to stay above this level and is currently trying to stabilize around $2,930. The limited upward attempt indicates that buyers are still cautious.
The liquidity picture does not support the price movement. Despite the rise, the Chaikin Money Flow (CMF) continues its horizontal course in negative territory. This outlook reveals that the upward movement is not supported by strong spot purchases and liquidity inflows. Unless there is a clear improvement in liquidity, it seems difficult for the rise to be sustained.
The momentum front presents a relatively more positive picture. The Relative Strength Index (RSI) has risen to the 50 level, signaling a revival in momentum. However, the negative divergence forming on the RSI is noteworthy. This structure suggests that the risk of a pullback after upward attempts is still on the table and that momentum remains fragile.
The technical outlook from the Ichimoku indicator is giving mixed signals. The price rising above the Tenkan and Kijun levels keeps the short-term structure positive. However, the price still remaining below the kumo cloud indicates that the main trend is negative. Therefore, the current rises are more of a reactionary movement.
Ultimately, the $2,910 level retains its critical importance. If this level is broken downwards, accompanied by negative divergence in the RSI, sharp pullbacks may be seen. On the upside, a clear gain above the $3,026 level could break the current negative outlook and pave the way for a healthier recovery . At this stage, even if the price attempts to move upwards, the main structure requires a cautious stance to be maintained.Below the Form
Supports: 2,910 – 2,727 – 2,625
Resistances: 3,026 – 3,111 – 3,227
XRP/USDT
Although the XRP price tested the $1.92 level yesterday evening, it failed to break through this area and is currently trading sideways around $1.90. The weakening of the reaction at this point indicates that buyers remain cautious at the critical resistance zone and that upward momentum is limited.
The liquidity outlook remains unfavorable. Chaikin Money Flow (CMF) continues its horizontal movement in negative territory. This structure reveals that despite the price’s attempts to rise, the money entering the market is insufficient, and there is no liquidity power to sustain the rise.
A loss of momentum is also noticeable on the momentum front. The Relative Strength Index (RSI) has started to pull back from the 50 level, signaling that momentum is beginning to weaken. This movement in the RSI suggests that upward attempts are fragile and that selling could resume.
On the technical side, a short-term positive detail stands out in the Ichimoku indicator. A short-term buy signal has formed as the Tenkan level has crossed above the Kijun level. However, the fact that the price remains below the kumo cloud indicates that the main trend is negative and that this signal has not yet been strongly confirmed.
The main threshold has not changed in the overall assessment. It is difficult to talk about a strong rise without clearly breaking through the $1.92 level and maintaining stability above it. As long as it remains below this level, the risk of a pullback continues. On the other hand, if a sustained price above $1.92 is seen, upward momentum could regain speed.
Supports: 1.8181 – 1.7705 – 1.6224
Resistances: 1.9211 – 1.9742 – 2.0512
SOL/USDT
A centralized exchange announced that Solana token trading will be available on the Jupiter exchange.
The SOL price showed a slight increase. The asset remained in the lower region of the downward trend that began on January 13. Testing the strong support level of $120.24, the asset gained momentum and rose from there. Currently testing the downward trend as resistance, the price may test the 50 EMA (Blue Line) moving average as resistance if it breaks above this level. In the event of a pullback, the $120.24 level should be monitored.
On the 4-hour chart, the 50 EMA (Exponential Moving Average – Blue Line) continues to be below the 200 EMA (Black Line). This indicates that a downtrend may begin in the medium term. At the same time, the price being below both moving averages shows that the asset is trending downward in the short term. The Chaikin Money Flow (CMF-20) remained in negative territory. However, an increase in money inflows could push the CMF into positive territory. The Relative Strength Index (RSI-14) is near the neutral level in negative territory. It also tested the support line that began on January 14 and remained in the upper region of the line. This indicated that although selling pressure continues, it has decreased. If there is an uptrend due to macroeconomic data or positive news related to the Solana ecosystem, the $150.67 level stands out as a strong resistance point. If this level is broken upwards, the uptrend is expected to continue. If pullbacks occur due to developments in the opposite direction or profit-taking, it may test the $112.26 level. A decline to these support levels could increase buying momentum, presenting a potential upside opportunity.
Supports: 120.24 – 112.26 – 100.34
Resistances: 127.21 – 133.74 – 138.73
DOGE/USDT
The DOGE price traded sideways. The asset moved into the upper region of the downtrend that began on January 14, signaling that buying pressure could increase. Testing the strong support level of $0.11797 and the descending trend line as support, the price gained momentum from this level and rose, currently testing the $0.12282 level as resistance. The 50 EMA (Blue Line) moving average may act as resistance in candle closes above this level. In the event of a pullback, it may retest the $0.11797 level or the descending trend line as support.
On the 4-hour chart, the 50 EMA (Exponential Moving Average – Blue Line) remained below the 200 EMA (Black Line). This indicated a downtrend forming in the medium term. The price being below both moving averages suggests that the price may be trending downward in the short term. The Chaikin Money Flow (CMF-20) remained in negative territory. Additionally, an increase in money outflows could pull the CMF deeper into negative territory. The Relative Strength Index (RSI-14) remained near the neutral level in negative territory. At the same time, it continued to be in the upper region of the line that began on January 19, indicating a decrease in selling pressure. In the event of an uptrend driven by political developments, macroeconomic data, or positive news flow in the DOGE ecosystem, the $0.13367 level stands out as a strong resistance zone. Conversely, in the event of negative news flow, the $0.10837 level could be triggered. A decline to these levels could increase momentum and initiate a new wave of growth.
Supports: 0.11797 – 0.11391 – 0.10837
Resistances: 0.12282 – 0.12824 – 0.13367
TRX/USDT
Tron Inc. announced in a post this morning that it purchased 168,826 TRX at an average price of $0.30, bringing its total holdings to over 678.4 million TRX.
As of January 26, 2026, the total amount of TRX staked is 45,956,682,272, which is 48.52% of the circulating supply. Compared to the previous day, there has been a decrease of approximately 0.02% in the amount staked. However, the market value of TRX has reached $28.1 billion. Furthermore, a total of 3,484,978 TRX was burned yesterday, and a net 430,734 TRX was added to the circulating supply. This situation is leading to increased inflationary pressure on Tron.
Technically speaking, TRX closed the day at 0.2966 after yesterday evening’s rise, retreated slightly in the morning hours, and is currently trading at 0.2956. Currently in the middle band of the bearish channel, TRX is priced just above the 0.2950 support level on the 4-hour chart. The Relative Strength Index (RSI) value is close to neutral at 42. In addition, the Chaikin Money Flow (CMF) indicator value is -0.10, below zero, indicating a decrease in money inflows. This picture points to increased selling pressure and the possibility of negative price movements in the short term.
In light of all these indicators, TRX may decline slightly in the first half of the day, moving towards the lower band of the channel based on its current zone and CMF value. It could then test the 0.2950 support level. A candle close below the 0.2950 support level could extend the decline, potentially testing the 0.2890 support level. If it fails to close below the 0.2950 support level and the CMF indicator moves into positive territory, it may rise slightly with a possible buying reaction and test the 0.3015 and 0.3080 resistance levels in succession.
On the 4-hour chart, 0.2820 is an important support level, and as long as it remains above this level, the upward momentum is expected to continue. If this support is broken, selling pressure may increase.
Supports: 0.2950 – 0.2890 – 0.2820
Resistances: 0.3015 – 0.3080 – 0.3140
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