#ContentMiningRevampPublicBeta 📊 The Technical Battlefield

The market is currently deciding if the recent drop below $87,000 was a "deviation" or a structural shift.
Key Support ($84,000 - $86,000): This is the line in the sand. Bears are actively targeting a break below $84,000. If this floor gives way, technical analysts are eyeing a deeper slide toward the $72,000 - $68,000 zone.
Key Resistance ($88,000 - $91,000): For the "break + hold" continuation you mentioned, the bulls first need to reclaim $88,000 on a daily close. Heavy liquidity and sell orders are stacked near $91,400, which acted as a major rejection point earlier this month.
Volume & Liquidity: Volume has been muted/consolidating over the last 24 hours. You're right to watch for an expansion move; we just saw roughly $320 million in long liquidations earlier this week, meaning the "weak hands" have been flushed, but the "new money" hasn't quite stepped in to drive the breakout yet.
🌎 Macro Catalyst: The "January 30" Factor
The timing of this structure is no coincidence. The market is bracing for two major external events tomorrow:
US Government Funding: Federal funding is set to expire on January 30, 2026. With a 78% probability of a shutdown being priced in by some markets, traders are de-risking.
The Fed: We are coming off the back of the Federal Reserve's interest rate decision. While rates remained steady (3.50%–3.75%), the "defensive" posture of the options market suggests big players are hedging for a "short-term pullback."
🛠️ Strategic Summary