To talk about a **rebound** today, January 19, 2026, we must separate the immediate technical correction from the recovery that the market experienced during the last week.
Although today Bitcoin is under pressure from Trump's tariff announcements, there are factors that are driving a possible rebound from the current supports:
1. The "CLARITY Act"
This is the strongest catalyst of January. The U.S. Congress is advancing on this bill that seeks to legally define Bitcoin, Ethereum, and Solana as regulated digital assets.
Impact: The market has interpreted this as the definitive step towards massive institutional adoption, which generated a rebound of almost **17%** last week from the November lows.
2. Institutional Rotation and ETFs
Despite today's drop, the week of January 12 to 18 recorded **positive net inflows** in Bitcoin ETFs, reversing a trend of outflows from December. Additionally, **iShares (BlackRock)** has just launched a new tranche of its Bitcoin ETP on the London Stock Exchange today, injecting European liquidity into the ecosystem.
3. Technical Support Levels
Many analysts see the current pullback not as a collapse, but as a buying opportunity (buy the dip).
Bitcoin: It is trying to bounce in the **$92,800 - $93,000** range. If it recovers **$94,800** (the highs of January 5), the path to **$100,000** would reopen.
Ethereum and Solana: They have shown resilience in their 50-day moving averages (EMA), which often precedes technical rebounds after liquidations due to external news.
4. FED Expectation
The market is beginning to price in the Federal Reserve meeting on January 28. If the PCE inflation (which is published this week) shows signs of cooling, the market could anticipate a rate cut, which is the ideal fuel for an aggressive rebound in risk assets.
Key Data: Although today the sentiment is one of "fear", the Fear and Greed Index has risen from the panic zone of December, suggesting that the market is building strength to break the psychological barrier of $100k.