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January 20, 2026 Tuesday
The first major upward wave of January is most likely to have peaked around 3350
Q1 has a very high probability of reaching a historic second-highest point, but it requires a deep dip, at least breaking below 27K
Key time points:
January 21: New draft of the crypto bill released
January 27: Agriculture Committee voting
February-March: Standard Chartered Bank predicts the new bill will pass in Q1; if it happens as expected, it will break the bear market curse and usher in an epic bull market.
The decline is not over yet, caution is needed for longs
Rebound is not a reversal
Shorts can look for opportunities to add positions
$ETH