Multi-Currency Technical Review: Bitcoin Holds the 90,000 Level, Altcoins Face Structural Challenges

ZkSnarker · 2026-01-21T00:20:10+00:00

Recent market developments have attracted attention. Bitcoin remains steady around 90,000, but short-term upward pressure is significant, and the rebound space is limited. After falling below the 50-day moving average, Shiba Inu's support turned into resistance, and the market structure is chaotic with an unclear direction. XRP remains volatile between 1.90 and 2.00, and a breakout above this level is needed to confirm the subsequent trend.

ZkSnarker

2026-01-21 00:20:10

Abstract generation in progress

【Crypto World】The market has been quite interesting these days. Bitcoin is holding firm around 90,000, with demand still present, and institutional accumulation hasn’t stopped. For now, it’s a solid barrier below. But to be honest, the upward pressure is very heavy, making it difficult to see significant changes in the short term.

The situation with Shiba Inu is more complicated. After breaking below the 50-day moving average, this line has shifted from support to resistance, severely squeezing the rebound space. The market structure has also become chaotic, and it’s hard to see a clear direction for now—it’s just fluctuating there.

As for XRP, it’s currently oscillating between 1.90 and 2.00. This range is a bit awkward—unable to go up, unable to go down, and buyers don’t have much strength. A breakout of this zone is needed to confirm the subsequent trend; right now, it’s a watershed position.

BTC-1,52%

SHIB-0,32%

XRP-1,64%

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MidsommarWallet

· 6h ago

90,000 iron gate doors are being strictly guarded, but with such heavy pressure above, are institutions really still accumulating? Feels like there's no movement. SHIBA has broken through this wave, now it's just a trapped situation, with no room for a rebound. XRP is stuck oscillating between 1.9 and 2, basically no one dares to enter, waiting for a breakout.

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gas_fee_therapist

· 6h ago

Bitcoin is stubbornly holding at 90,000, which is really a bit annoying... Institutions are accumulating, that's for sure, but the wall above is suffocating people. I'm tired of SHIBA's movement. The 50-day moving average has gone from savior to vampire. Now it's just a mess. Who the hell knows what it wants to do? XRP is stuck between 1.9 and 2.0, really like it's frozen in place. It needs to break through, or it'll just stay awkward like this forever.

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LiquidityHunter

· 6h ago

90,000 held firm, but the pressure is really intense... institutions are still absorbing, what about us? SHIB has directly returned to a chaotic state, and the rebound space is completely locked. XRP is just shaking there, when will it break through? It's driving us crazy. Institutions are eating up, retail investors are getting beaten, this is the current situation, right? --- BTC's iron gate is tightly guarded, it feels like there's no short-term play. --- The structure of the altcoins this wave is really terrible, especially SHIB, nothing is clear. --- XRP's position is just ridiculous, can't go up and can't go down, stuck and uncomfortable. --- So now it's just about waiting for a breakout, otherwise it's all pointless.

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LiquidationAlert

· 6h ago

90,000 holds firmly, but really can't withstand much more. Institutions are absorbing but can't change that wall above. This wave of SHIB is really disappointing; once support breaks, it's all over. Now it's just a trapped beast fighting. XRP here is too uncomfortable; repeatedly tortured between 1.9 and 2.0. Only a breakdown will bring hope; otherwise, it's just draining away.

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ser_ngmi

· 6h ago

90,000 is a good defense, but it seems like there’s not much buzz about institutions accumulating. Shiba is a bit tough this time; I thought it could rebound, but it was killed by the moving averages. XRP is just swinging, really lacks soul. When will it give us a clear direction? Watching the market is just torture; it feels like everyone in the crypto space is gambling. I don’t dare to act in the short term; let’s wait for a breakout signal.

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FastLeaver

· 6h ago

90,000 is really clingy, institutions are bloodsucking SHIB's 50-day moving average has already turned around and bitten back, this wave is a bit embarrassing XRP is in this state, stuck between 1.9-2.0, who are you with? If it can't break through, it will continue to be trapped

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