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Crypto Market News Today, January 27: Bitcoin Steady, Ether USD Reaching Support, XRP and SOL Follow

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Bitcoin is staying surprisingly composed after a few ugly dumps, as Ether, XRP, and SOL follow the same path against the USD. Reading today’s notes, the recurring talk on yen intervention is ringing a bell, and it may dictate the crypto price action.

In the opening stretch of today’s session, Bitcoin, Ether, SOL, and XRP all have the same neutral sentiment. Shorts slightly outweighed longs as the price healing. Surprisingly, tokenized silver is the one that contributed to the short liquidations. But judging by the liquidation numbers alone, we see that volume is nonexistent at the moment.

(source – Coinglass)

Bitcoin USD Gets Tested

Bitcoin USD is floating at $88,400 area, revisiting the support. Positioning data showed longs slipping to around 48 percent overall, with Binance closer to 45 percent, a clear tilt toward caution. For Bitcoin, the immediate concern sits at the 87,500 USD monthly open. Lose that, and the chart opens the door to the 86,300 region, which conveniently lines up with recent lows.

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Upside scenarios for Bitcoin USD remain very specific. Liquidity clusters between $89,800 and $90,500 continue to act like a crowded exit door, lots of interest, little room to breathe. A rejection there could easily fuel another short squeeze attempt, while a clean break higher puts 91,400 back on the radar. Structurally, Bitcoin USD still looks intact, just slightly scuffed around the edges. That said, spot ETF outflows totaling more than a billion over five days aren’t exactly a confidence booster.

Bitcoin is staying surprisingly composed after a few ugly dumps, as Ether, XRP, and SOL follow the same path against the USD. What's next?

(source – Farside)

DISCOVER: 10+ Next Crypto to 100X In 2026

Ether and SOL Drop as USD Weakens

Ether USD is trading above $2,900, still about 40 percent below its high of $4,954. This stings even more when gold casually strolls past $5,000, as gold was priced at $3,000 during Ether’s all-time high.

Monthly lows from November through January have held, just like the 2024 pattern, where quiet consolidation eventually flipped bullish. February could surprise to the upside, assuming Ether holds its ground against USD.

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Against Bitcoin, Ether continues to lag, largely due to institutional preference for the bigger, cleaner trade. Until Ether USD convincingly reclaims $3,050 with real demand, retracements remain the base case. On-chain data shows that active addresses are stable if not pumping, and transaction volumes are running this year.

SOL, on the other hand, is at 124 USD, with demand clustered tightly between $119 and $120 acting as a reliable cushion. A flip above 125 on shorter timeframes could open a path toward $130–137, though the $150–160 zone still feels like a long road trip.

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Solana’s TVL sits near 8 billion—far below Ether’s ecosystem, but growth continues despite the recent inflation proposal drama. The rejected vote didn’t derail SOL USD, mostly because the mechanism already existed.

Bitcoin is staying surprisingly composed after a few ugly dumps, as Ether, XRP, and SOL follow the same path against the USD. What's next?

(source – Defillama)

XRP USD and Macro Shadows

XRP USD is trading below the usual $2 support at $1.9, consolidating. Analysts flagged 1.82 as key support, and a break below that could shift sentiment quickly. XRP sentiment remains neutral, with transaction volumes holding steady. The XRP army is strong and everywhere, which is why the price is holding strong.

For us, though, macro risks still linger. Yen intervention has strengthened the currency and unwound carry trades before, most notably in 1985, when stocks soared short-term before the infamous 1987 crash. Add a potential US government shutdown by January 30, and the uncertainty thickens. Bitcoin and Ether took harder hits during the last shutdown than equities, another point to consider if we should park our USD capital.

DISCOVER:

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The post Crypto Market News Today, January 27: Bitcoin Steady, Ether USD Reaching Support, XRP and SOL Follow appeared first on 99Bitcoins.





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