BTC Tests $90K: Demand Holds Despite Fed & Funding Risks

Cryptocurrency News

Bitcoin briefly tested $90,000 on Jan 28, extending its rebound from last week’s sharp sell-off. The move comes just ahead of the FOMC rate decision, offering short-term relief — but not a clean resolution — as markets brace for heavy macro and policy risk.

Bitcoin (BTC): Key Zone Reclaimed, But Risks Persist

BTC price reclaiming the $88K–$89K zone is technically constructive. Analysts describe $88K as a “trapdoor” level: breaks below it tend to trigger fast, liquidation-driven drops — followed by equally fast recoveries.

What matters now: not intraday spikes, but holding above this range as multiple catalysts stack up:

FOMC rate decision
Jan 30 U.S. government funding deadline
Ongoing regulatory timetable uncertainty in Washington

Options Market: Calm Surface, Asymmetric Risk

Options pricing points to contained headline volatility, but elevated demand for downside protection:

Volatility remains relatively muted
Downside puts are expensive, signaling hedge demand
Market positioning favors range-bound action, not a crash — but gap risk remains

Macro Pressure: BTC Decouples From U.S. Equities

Markets are increasingly pricing a more hawkish Fed path, with rate-cut expectations for 2026 largely erased.

Notably:

BTC failed to hold $91K support
A rare negative correlation with U.S. equities has emerged
Any equity correction could add pressure to BTC in the near term

Policy Overhang Weighs on Sentiment

Regulatory momentum remains stalled. With key crypto legislation still stuck in the Senate, traders are discounting a near-term policy catalyst.

Current positioning reflects caution:

Low probability priced for a new ATH this year
Continued outflows from BTC ETFs & ETH ETFs
Market favors defensive positioning over breakout bets

CoinTR Insight

This is a stabilization phase, not a breakout phase.

BTC demand is clearly visible on dips, but macro and policy risks cap upside enthusiasm. In such conditions, trading becomes about level management, execution quality, and patience.

CoinTR’s deep liquidity and stable TRY–USDT flow help users:

manage volatility without overreacting to headlines,
trade key zones like $88K–$90K more smoothly,
avoid slippage during sudden macro-driven moves.

Forward-Looking Takeaway

Holding above $88K eases immediate downside pressure
A sustained $90K+ move is needed for momentum
Until policy clarity improves, markets remain volatility-ready, not risk-on

January 28 crypto news was the same today. Remember, this information is not investment advice. As the Bitcoin exchange CoinTR, it has been prepared to inform you about the current crypto market.

2026-01-28

Legal Notice

The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.

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