On January 21, 2026, the crypto market experienced a deep correction. BTC fell from the bullish defense line of 89,300 to 87,700, and the magnitude of the break was indeed enough to make many investors feel helpless. The current situation is clear: the risk of forced liquidation must be controlled, and everything else will be left to time to verify whether a rebound can occur.

From the hourly chart, BTC has entered a rebound mode. The recent resistance levels are in the 90,000 to 91,000 range. Only by breaking through these two key levels can we see a true stabilization signal. If the rebound proceeds smoothly, the target area could push towards 93,000 to 93,600. Conversely, if the rebound is blocked near 91,000, there is still a risk of oscillation or a secondary bottom test. The support lines are temporarily locked at 87,700 to 86,300.

ETH's rhythm is similar to BTC. On the hourly level, it is also in a rebound phase, with resistance concentrated between 3,015 and 3,065. Breaking through these two levels could indicate stabilization. The next target is in the 3,150 to 3,200 range. However, if the rebound stalls above 3,050, there is still a possibility of oscillation or a secondary dip. Support levels are at 2,880 to 2,780.

SOL's situation is relatively independent. The key resistance points are 130 and 132, both of which are very important. If these levels are broken, the trend can be confirmed to improve, with an upward target aiming at 135. If the rebound lacks strength and stalls around 130, the market will likely continue sideways or seek secondary confirmation. Support below is at 123 to 120.

BNB recently found support near 870. If this level holds, a small rebound could be possible. The resistance for the rebound is between 890 and 900, and breaking through these two levels is necessary to confirm stabilization. The target above is set at 930. Conversely, if the rebound is blocked at 900, the likelihood of continued sideways movement or a secondary dip increases. If it falls below 870, support levels are at 856 to 845.

In summary, all major cryptocurrencies are currently in the rebound testing phase. Position management and risk control are always the top priorities.