#ethmarketwatch Bitcoin (BTC) and Ethereum (ETH) are currently in a consolidation phase around recent levels, with mixed rebound signals emerging amid broader market choppiness in January 2026.Current Prices (as of late January 24, 2026)BTC: Hovering around $89,500–$89,800 USD (slight variations across exchanges like CoinMarketCap showing ~$89,517, CoinGecko ~$89,466–$89,481).ETH: Trading near $2,950–$2,960 USD (e.g., CoinMarketCap at ~$2,957, other sources in the $2,949–$2,960 range).Both have seen relatively flat to mildly negative 24-hour moves recently, following some volatility earlier in the month—including a dip around January 21 and earlier breakout attempts that liquidated shorts but didn't sustain higher.Market Context & Consolidation ModeThe crypto market has been in consolidation for parts of January 2026 after 2025's mixed close (BTC modestly down ~6%, ETH down more). Key observations:BTC has been range-bound, struggling below key resistance (e.g., $90,000–$92,000+ levels) while holding support zones. Some analyses point to seller exhaustion creating rebound opportunities toward upper range boundaries, but others flag bearish signals like Kumo twists or fragile bottoms.ETH has shown sharper swings at times (e.g., brief pushes above $3,000+ in mid-January breakouts), but it's also pulled back under pressure.Broader sentiment includes macro headwinds (e.g., tariff concerns, potential corrections), whale reaccumulation hints as a positive structural signal for rebounds, and short-term holder dynamics nearing profit flips.