
Bitcoin stayed close to $89,000 on Sunday, holding inside a narrow trading range as the broader crypto market continued to drop. The global crypto market cap slipped to $3.01 trillion.
Compared to earlier in the month, trading volumes have slowed. Recent price swings have been small, and the market has yet to show a clear direction. This lack of energy has kept BTC stuck below important resistance levels and prevented any strong recovery attempts.
Bitcoin has repeatedly struggled to break past the $92,000–$93,000 resistance band. Each time the price has attempted an upward push, sellers have stepped in and pushed it back down, showing that the market is still facing pressure from profit-taking and derivative unwinding. Until this resistance zone is convincingly cleared, analysts say upside momentum will likely remain limited.
On the downside, support between $86,000 and $88,000 continues to act as the main cushion for the price. Experts are watching this area closely because a clear break below it could trigger fresh selling and possibly send Bitcoin toward the lower $80,000 range. For now, buyers are managing to defend this zone, keeping the market in a sideways phase.
Major altcoins such as Ethereum, BNB, Solana, and XRP also cooled off, showing Bitcoin’s quiet trading pattern. The average market RSI hovering around 39 suggests mild oversold pressure but not enough to confirm a reversal. The market appears to be waiting for new economic cues or strong inflows that could shift momentum.
Until a breakout from this tight range occurs, Bitcoin is expected to continue moving sideways. A move above $92,000 would be the first sign of strength, while a drop under $86,000 may confirm further weakness.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The year 2025 has recently closed, and the XRP price prediction January 2026 is already…
The global financial landscape of 2026 witnesses a fascinating divergence between traditional commodities and digital…
The Ethereum price prediction January 2026 is gaining traction as ETH extends an upward trend…
Axie Infinity (AXS) price is back in motion, and it’s doing what GameFi tokens usually…
Story Highlights The live price of the ENS crypto is . Price predictions for 2026…
Crypto markets are starting 2026 with a risk-on tone, and the NFT segment is showing…