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The digital financial market as of the morning of January 31, 2026, marks the end of the first month of the year with many notable fluctuations.
๐ 24-Hour Market Overview: Bitcoin's Spectacular Comeback
The cryptocurrency market just experienced an emotional trading session with strong fluctuations within a narrow range, but ended with an impressive recovery effort.
1. Bitcoin (BTC): A Bounce from the $81K Support Zone
Developments: Over the past 24 hours, BTC kept investors on edge, at one point falling to the $81,000 region. However, strong buying pressure at this point pushed the price back up to the day's high of $84,700.
Current Status: As of this morning (January 31), BTC is maintaining stability above $84,070.
Quick Analysis: BTC's holding and bounce from the $81K mark shows that market sentiment remains bullish, aiming for a positive finish to the Lunar New Year/January holiday. The $85,000 level is currently a crucial psychological resistance point that needs to be broken to confirm the next long-term uptrend.
2. Ethereum (ETH) and Altcoins: Accumulating and Waiting
Ethereum: ETH is trading above $2,690. While not experiencing a strong breakout like BTC, holding above $2,600 indicates that ETH is in a sustainable accumulation phase.
Correlation: The difference in recovery speed between BTC and ETH suggests that current capital flows are still prioritizing "safe haven" in Bitcoin before spreading to large-cap Altcoins.
๐ Digital Financial Outlook at the End of January 2026
The crypto market is being influenced by several key macroeconomic factors:
Month-Ending Sentiment: This is the last trading day of January, and investment funds are restructuring their portfolios (rebalancing), leading to a surge in trading volume.
Global Stock Markets: The stability of major technology indices has created positive sentiment for risky assets like cryptocurrencies.
๐ Overall Assessment
Bitcoin is showing incredible resilience. Despite deep corrections to $81K, the ability to return to the $84K+ mark this morning is proof that the strength of institutional money is still clearly present.
Short Advice: Beware of liquidity traps at the end of the month's candle. If BTC holds above $84K, the next target for February could be the $88K - $90K range.
โ#SachtonyMartket #BTC #ETH #ICP #GT