This Tuesday, January 20, 2026, the cryptocurrency market continues to correct. Bitcoin (BTC) is trading at $92,558.46, down 1.3% on the day, while Ethereum (ETH) falls to $3,185.66, a loss of 3.0%. Over the week, gains have been significantly reduced: +1.6% for BTC and -0.6% for ETH.
This session marks the fourth consecutive day of decline for BTC, which has lost nearly $3,000 since its weekly high. ETH, meanwhile, has suffered a more severe correction, falling below the $3,200 support level, an important psychological threshold.
Technically, BTC is testing support at $92,500, a key level on the daily chart. A break below this threshold could open the way to a pullback toward $90,000. ETH, with an RSI at 45, enters bearish territory without being oversold. Trading volumes increase slightly, a sign of increased seller participation.
Macroeconomic factors remain uncertain, with fears of monetary tightening weighing on overall sentiment. The short-term outlook is bearish, but stabilization is possible if buyers defend the $92,500 support. Next week will be crucial in determining whether this correction is mere consolidation or the start of a deeper reversal.
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Historical Context
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