As of today, January 24, 2026, the cryptocurrency market is in a state of "anxious sideways movement." After the tumultuous events at the beginning of the week related to geopolitics and troop movements, a phase of local disappointment has ensued, where quotes have frozen in anticipation of new triggers.
Here is a detailed analysis of the situation at the current hour:
### 📊 1. Price situation: The battle for $90,000
The main theme of the day is Bitcoin's inability to hold above the psychological mark.
*Current range:** BTC is trading in a narrow corridor of $89,200 — $90,100. Analysts note that the market is 'stuck': buyers are afraid to go above $90k due to macroeconomic risks, while sellers have exhausted themselves after recent liquidations.
*Altcoins:** Ethereum continues the struggle for the $3,000 level, but currently looks weaker than the market due to capital outflows into conservative assets. At the same time, coins from the Solana ecosystem and projects related to Decentralized AI show local growth against the overall trend.
### 🏛️ 2. Political and legislative background
In the spotlight — the USA and its new administration.
*Clarity Bill:** The US Senate continues to have intense debates over the cryptocurrency market structure bill. Despite the optimism at the beginning of the year, new disagreements have arisen over consumer protection provisions. This 'hanging' state is hindering institutional capital from entering the market aggressively.
*Bank criticism:** Eric Trump today made sharp criticisms of the traditional banking system, stating that banks are intentionally creating barriers for crypto companies. This fuels expectations for the creation of a National Bitcoin Reserve in the USA, which has been widely discussed since the beginning of the year.
### 🌍 3. Global news and cybersecurity
*Mega-theft:** The shocking news of the day was the loss of $282 million by a major private investor due to a phishing attack (fake tech support). This reminded the market that even in 2026, wallet security remains the 'Achilles' heel' of the industry.
*ETF frenzy:** Companies Cyber Hornet and ARK Invest have submitted applications for new crypto ETFs (including index funds on baskets of the top 20 coins). This is a long-term 'bullish' signal that the market is currently ignoring due to short-term fears.
### 🔮 4. Expectations and forecasts
Expert sentiments are divided:
*Bearish scenario:** A number of analysts (including 21Shares) warn that rising bond yields and a 'risk-off' sentiment in stock markets could pull BTC down to $85,000 by the end of January.
*Bullish scenario:** Optimists point out that funding (margin fees) has cleared, and any positive news from the White House could trigger a 'short squeeze' to $97,000 within hours.
---
Today is the 'calm before the storm.' The market is entirely dependent on news from Washington and inflation data in the USA, which are expected next week.
