On January 27, 2026, at 11:00, BTC is quoted at approximately $87,800, with intra-day oscillations leaning towards strength, repairing within the 86,000-89,500 range. Overall, it remains in a daily downtrend structure, with heavy selling pressure during rebounds.

Key Price Levels (USD)

- Support: 86,000 (lifeline), 87,000-87,500 (intraday retest)
- Resistance: 88,300-88,500, 89,000-89,500, 91,500

Technical Indicators

- Daily: RSI≈50 neutral; MACD in a bearish zone, green bars converging; moving averages in a bearish alignment, price below key moving averages.
- 4-hour: RSI 46 slightly weak neutral; MACD below zero axis with bearish dominance, rebound momentum insufficient, many upper shadows, heavy selling pressure.
- Hourly: Oscillating with repeated fluctuations, insufficient volume, prone to quick rises and falls.

Trading Strategy (Risk Control First)

1. Short on rebounds: Enter at 88,300-89,000, stop loss above 89,800, target 86,500-86,000, break below to watch 85,000.
2. Short-term long at low levels: Stabilize entry at 86,000-86,500, stop loss below 85,500, target 87,500-88,000.
3. Position sizing: Single position ≤20%, strict stop loss, quick in and out during volatile markets.

Risk Warning

- Market sentiment is in fear zone, ETF capital outflow pressure remains.
- If 86,000 is lost, the price may accelerate downward to the 85,000-84,000 range.
- Heavy selling pressure around 90,000-91,500, rebound weak, easy to trigger short positions.