Ether leads crypto losses with 30% crash: Where is the bottom?
6 February 2026 at 19:10
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Ether price still risks declining toward the $1,000-$1,400 range, according to a confluence of bearish technical and onchain indicators.
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Ether price still risks declining toward the $1,000-$1,400 range, according to a confluence of bearish technical and onchain indicators.
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Over $2.6 billion was wiped out across the crypto market as institutions saw sub-$60,000 BTC as a buy-the-dip opportunity.
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Panic selling by short-term holders, extreme fear, and oversold RSI suggested that BTC could be nearing the final phase of capitulation.
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XRP’s bearish chart pattern signaled a possible price correction toward $1.22, fueled by declining demand and open interest.
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Bitcoin’s rebound masks weak technicals and onchain signals that point to continued downside risk, with miners and exchange flows reinforcing the bearish trend.