January 28, 2026, 13:50, BTC price is approximately $89,300, currently in a consolidation phase after a daily rebound, with a bearish 4-hour structure. There is obvious selling pressure above, and in the short term, it is expected to be weak and oscillating, with a focus on the impact of the Federal Reserve rate decision.

1. Key Price Levels (USD)

- Support: 87,000-88,200 (short-term); 84,000-85,405 (medium-term strong support); 80,405 (deep correction target)
- Resistance: 89,800-90,500 (short-term strong resistance); 92,505 (trend reversal threshold); 94,900-95,000 (daily strong resistance)

2. Technical Highlights

1. Trend and Pattern: The daily chart shows a technical correction after a decline, not a reversal; the 4-hour chart has not broken above 90,500, indicating a bearish bias; in the short term, around 89,300, close to the upper boundary of the previous oscillation zone, with limited rebound momentum.
2. Indicator Signals: RSI approaching resistance line, caution against rebound resistance; insufficient volume, lack of sustained upward movement, high probability of oscillation.
3. Channels and Moving Averages: After losing the lower boundary of the ascending channel, it has not yet stabilized; short-term moving averages are tangled, lacking clear directional guidance.

3. Trading Strategy (No leverage)

- Mainly observe and wait for the Federal Reserve decision to clarify the direction.
- If rebounding to the 89,800-90,000 range, reduce positions gradually, with a stop loss above 90,500.
- If correcting to stabilize at 87,000-88,200, try a light long position, with a stop loss below 86,500.
- Breakthrough above 90,500 with increased volume, add on pullbacks, target 92,505; if falling below 85,405, exit with a stop loss, target 84,000-80,405.

4. Risk Reminder

- The Federal Reserve rate decision at 3 a.m. on the 29th, if hawkish, may trigger a rapid correction in BTC; dovish stance favors a rebound and breaking resistance.
- Short-term volatility may increase, strictly control positions, always set stop losses, avoid chasing highs and selling lows.