WHAT'S THE WAY FORWARD FOR BITCOIN?
PUMPING OR DUMPING SOON ? FIND OUT HERE:
As of January 27, 2026, Bitcoin ($BTC ) is trading around $87,700 - $88,600 (With a live price of $88,300 at the time of writing) showing signs of consolidation after recent volatility. The cryptocurrency has been under pressure from macroeconomic factors, geopolitical tensions (such as U.S.-Iran issues), and market rotations away from risk assets. This has led to a choppy trading environment, with BTC struggling to reclaim higher levels like $90,000 while defending key supports. Short-Term Price Movement (1-30 D
ASR/USDT has seen good volume recently, but from a technical perspective, it has indeed entered an overbought zone. The 1-hour RSI has broken above 60, and the 4-hour RSI is approaching 76. This signal couldn't be clearer — the short-term rally has already been overextended.
The problem is that the risk and reward of chasing the high now are completely mismatched. Assets that rise quickly tend to correct just as fast. Instead of chasing at the top, it's better to wait for the market to give a clear confirmation signal.
From an operational standpoint, the most realistic approach right now is to stay on the sidelines. If the price can stabilize within the 1.82-1.85 range and resume volume, that would be a safer entry point for a light position. Conversely, if it breaks below the 1.80 support level directly, it indicates that the bulls have exhausted their strength, and the risk of a trend reversal should be taken seriously.
On the resistance side, watch 1.95; on the support side, focus on 1.82. Currently, this position is more about waiting than taking action.