Market Situation

Bitcoin (BTC) has shown a decline, dropping below the mark of 89,000 USDT (-1.04% over 24 hours) and trading at around 88,975 USDT. According to analysts, BTC continues to form a new phase of a downward trend after sell signals on the daily timeframe. Technical analysis indicates a strong support level at 87,250 USDT, through which a long-term upward trend line passes.

Ethereum (ETH) has shown weaker dynamics compared to Bitcoin, continuing to trade in a sideways range without a clear trend.

Regulatory news

The Chairman of the CFTC (Commodity Futures Trading Commission of the USA) announced regulatory reform to ensure the future of cryptocurrencies and on-chain finance in the USA. This key statement signals potential changes in the regulatory policy of the world's largest economy.

Technical events in the ecosystem

SofrFork BIP-110: As of January 25, only 729 out of 24,482 nodes (~3%) in the Bitcoin network signaled support for the soft fork under BIP-110. The low level of support indicates a lack of consensus among node operators.

Unlocking Plasma tokens: An important event took place regarding the unlocking of 4.33% of Plasma (XPL) coins from the circulating supply, allowing holders to access previously locked assets.

Industry events

Block Mountain 2026: A four-day festival in Chiang Mai, Thailand (January 22-25) dedicated to blockchain technologies, digital assets, and the Web3 ecosystem has concluded. The event featured over 50 speakers and 15 thematic sessions.

Analytical forecasts

Experts note that without breaking the level of 95,900 USDT for BTC, there is a high risk of returning to the mark of 90,000 USDT (estimated probability around 70%). A sustained influx into American crypto ETFs is needed to attack the psychological mark of 100,000 USDT. $BTC #newscrypto #trump