#BTC & #ETH MARKET UPDATE – CURRENT STRUCTURE (Jan 25, 2026, 23:30 UTC)

BITCOIN (BTC)

BTC remains in a corrective phase after the local top near 97,000.

Price has broken below key support and is now trading under the 89,000 area. If this level holds as resistance, selling pressure may continue.

Recent upward moves showed weaker volume compared to the sell-offs, which means buyers are not yet in strong control.

ETHEREUM (ETH)

ETH has also lost support and is trading around 2,780–2,800.

The drop happened on stronger volume than the bounce attempts, showing short-term seller dominance.

VOLUME AND ORDER FLOW SIGNALS

CUMULATIVE VOLUME DELTA (CVD)

CVD remains negative and continues trending down on both BTC and ETH. This means market sell orders are stronger than buy orders. Larger participants appear to be reducing long exposure rather than building new positions.

OPEN INTEREST (OI)

OI is declining while price is dropping. This shows capital leaving the futures market instead of new positions being opened for a reversal.

FUNDING RATE

Funding is slightly negative, meaning longs are paying shorts. This is typical in markets under bearish pressure.

Together, these signals point to short-term control by sellers.

MACRO AND NEWS BACKDROP

Recent political and macro commentary, including Trump’s Davos speech, has increased uncertainty and supported a risk-off environment.

There were no strong pro-crypto or institutional support statements. Because of this, the news flow does not support a sustainable bullish trend right now.

This matches the technical picture: recent upward moves were reactionary, not structural reversals.

KEY LEVELS TO WATCH

BTC RESISTANCE

89,200–90,000 is the key short-term resistance zone

92,000 is the next major level that would be needed for a stronger recovery

BTC SUPPORT

86,000 is the nearest support

84,000–83,000 is the next downside zone if selling continues

ETH RESISTANCE

2,900–3,000 is the main short-term resistance

3,100–3,150 is the next recovery zone if the market stabilizes

ETH SUPPORT

2,700 is the nearest support

2,600–2,550 is the next demand area below

WHAT THE INDICATORS ARE SHOWING

Selling volume is stronger than buying volume

CVD remains negative with no clear reversal

Open Interest is decreasing, meaning positions are closing

Funding remains neutral to negative, supporting bearish sentiment

This means the technical structure is still bearish. Recent rises were short squeezes or news reactions, not confirmed trend reversals.

REALISTIC PRICE EXPECTATIONS

BTC

Further downside or sideways movement is more likely unless BTC reclaims 89,000–90,000 with strong volume. If that zone keeps acting as resistance, pressure to the downside can continue.

ETH

A technical bounce toward 2,900–3,000 is possible, but it depends heavily on BTC strength. Without a broader sentiment shift, ETH remains under pressure.

FINAL SUMMARY

Current trend: Bearish pressure dominates

Short-term outlook: Volatility and short bounces, not stable rallies

Key trigger: BTC must reclaim 89,000–90,000 with strong volume to shift momentum

Risk: While below 90,000, BTC and ETH remain vulnerable to further downside

–––

AI made the call — now the market will judge it. 🧠 ➡️ 📉