This morning, Bitcoin dropped to 87,700 but has not yet reached the lower shadow of the monthly candle. It indicates that this downward trend is not over yet. As mentioned at the beginning of the month, Bitcoin is expected to go to 85,500 and 82,500 this month. So brothers looking to bottom fish can wait a bit longer or enter in small batches. For BTC, pay attention to the 89,000 level during the day. If the 1-hour and 4-hour candles close above 89,000 without breaking below, Bitcoin will continue to rise, with resistance at 90,000, 90,800, and 91,500. If the 1-hour and 4-hour candles close below 89,000, Bitcoin will continue to fall, with support levels around 88,300, 87,800, and 86,300. For ETH, watch the 2,960 level during the day. If the 1-hour and 4-hour candles close above 2,960, the trend will continue upward, with resistance at 3,000, 3,040, and 3,080. If the candles close below 2,960, the trend will continue downward, with support at 2,935, 2,910, and 2,880. For SOL, pay attention to 126.8 today. If the 1-hour and 4-hour candles do not close below 126.8, the trend will move upward, with resistance at 128.5, 129.5, and 132.8. If the candles close below 126.8, the trend will turn downward, with support at 125.7, 124.6, and 122.3. For DOGE, watch the 0.125 level today. If the 1-hour and 4-hour candles do not close below 0.125, the trend will continue upward, with resistance at 0.1265, 0.128, and 0.130. If the candles close below 0.125, the trend will turn downward, with support at 0.123, 0.1217, and 0.1193. 【Daily providing you with the latest market analysis and precise entry points, for reference only!】
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2026-1-21-BTC-ETH-SOL-DOGE Market Trend Analysis
This morning, Bitcoin dropped to 87,700 but has not yet reached the lower shadow of the monthly candle. It indicates that this downward trend is not over yet. As mentioned at the beginning of the month, Bitcoin is expected to go to 85,500 and 82,500 this month. So brothers looking to bottom fish can wait a bit longer or enter in small batches.
For BTC, pay attention to the 89,000 level during the day. If the 1-hour and 4-hour candles close above 89,000 without breaking below, Bitcoin will continue to rise, with resistance at 90,000, 90,800, and 91,500. If the 1-hour and 4-hour candles close below 89,000, Bitcoin will continue to fall, with support levels around 88,300, 87,800, and 86,300.
For ETH, watch the 2,960 level during the day. If the 1-hour and 4-hour candles close above 2,960, the trend will continue upward, with resistance at 3,000, 3,040, and 3,080. If the candles close below 2,960, the trend will continue downward, with support at 2,935, 2,910, and 2,880.
For SOL, pay attention to 126.8 today. If the 1-hour and 4-hour candles do not close below 126.8, the trend will move upward, with resistance at 128.5, 129.5, and 132.8. If the candles close below 126.8, the trend will turn downward, with support at 125.7, 124.6, and 122.3.
For DOGE, watch the 0.125 level today. If the 1-hour and 4-hour candles do not close below 0.125, the trend will continue upward, with resistance at 0.1265, 0.128, and 0.130. If the candles close below 0.125, the trend will turn downward, with support at 0.123, 0.1217, and 0.1193.
【Daily providing you with the latest market analysis and precise entry points, for reference only!】