BTC Technical Analysis Jan 28

Today’s short-term outlook and key levels to watch

Short-Term Market Outlook

Bitcoin is trading at $89,428 as of 19:49 UTC on January 28, 2026, and completed the day’s range between $88,359 – $90,600 with a 1.09% upward movement in the last 24 hours. The short-term outlook maintains its sideways character; although the price is holding above EMA20 ($88,830), resistance tests on the upside are testing the strength of short-term buyers. Volume is at a medium level of $20.94B, but the Supertrend indicator points to $92,922 resistance, giving a bearish signal. RSI at 51.65 is in neutral territory, while MACD provides slight bullish momentum with a positive histogram. In the next 24-48 hours, breaks of critical levels will be important; intraday fluctuations carry high risk, capital management is critical.

Intraday Critical Levels

Nearby Support Zones

Immediate support zone $88,607 (score: 87/100), this is close to EMA20 and just above the day’s low of $88,359. If this level breaks, the next quick support $87,393 (score: 71/100) comes into play; this zone has formed a strong base in the 1D timeframe. Invalidation point below $88,359; slippage from here could initiate short-term bearish momentum. For scalping, the $88,607 – $88,830 range should be monitored, approachable with tight stop-losses.

Nearby Resistance Zones

The most critical resistance $90,718 (score: 85/100), just above the day’s high of $90,600, and a high-volume test is expected. Second resistance $89,201 (score: 78/100) is currently inside, but could play a pivot role on pullback; the main target is $93,398 (score: 70/100) and Supertrend $92,922. Above these levels is a trigger for momentum change; close above $90,718 could indicate short-term buyer dominance. Risk: High fakeout risk in sideways consolidation.

Momentum and Speed Analysis

Short-term momentum is slightly bullish thanks to MACD’s positive histogram, but needs a catalyst to gain speed with RSI’s neutral position at 51.65. While Supertrend gives a bearish signal, price staying above EMA20 gives intraday buyers room to breathe. Without volume increase ($20.94B medium), sudden spikes are possible; on the 4-hour chart, momentum oscillators (RSI/MACD) are squeezed in the 50-55 band, at breakout threshold. Speed analysis: In upward acceleration, $90,718 test possible in 1-2 hours, downside $88,607 break can trigger in 30 minutes. In MTF context, 10 strong levels in 1D/3D/1W (1S/2R 1D, 0S/3R 3D, 2S/3R 1W), big picture resistance heavy. For short-term traders, volatility high, position sizing should not exceed 1-2%.

Short-Term Scenarios

Upside Scenario

Triggered by close above $90,718; targets $92,922 Supertrend and $93,398. In this scenario, EMA20 ($88,830) becomes strong support, RSI gains momentum above 60. Probability: 45%, conditional on volume increase. Invalidation: Close below $89,201. Can reach near $95K in 24-48 hours, but calm without news flow.

Downside Scenario

Starts with break below $88,607; targets $87,393 and potential $82K. MACD histogram narrowing brings bearish crossover, Supertrend confirms. Probability: 40%, with sideways breakout. Invalidation: Above $90,718. In volume-less downside, scalping opportunities around $88,830.

Daily Summary and Watch Points

To watch today: $90,718 resistance test (breakout?), $88,607 support hold, volume spikes. In sideways trend, narrow range ($88,600-$90,700) scalping zone; wait for breakout, don’t range trade. BTC Spot Analysis ve BTC Futures Analysis icin linkler. Short-term trades high risk: Stop-loss mandatory, max 1% risk/position. No news flow, stay technical-focused. Key: Breaks of $90,718 / $88,607 for momentum change.