The post Ethereum Bull Case: A Range Breakout Could Propel ETH Price Toward $7,000 appeared first on Coinpedia Fintech News

Ethereum slipped below the $2,000 mark for the first time since May 2025 as intense selling pressure swept through the crypto market. Bitcoin’s drop to $60,000 added to the downside momentum, dragging ETH lower until buyers stepped in around $1,753, a level that helped stall the decline and spark a rebound.

The recovery lifted the ETH price back above $1,975, suggesting the move lower was largely technically driven rather than event-led. With no major negative catalyst behind the sell-off, rising buying pressure fueled a swift bounce, shifting focus to whether Ethereum can now build on this recovery or if the rebound remains a short-term reaction within a broader range.

Weekly Chart Signals Compression Ahead of a Breakout

This ETH weekly chart captures a long phase of consolidation that traders often see before a big expansion move. Ethereum has been printing higher lows since the 2022 bottom, while price keeps getting capped near the $3,800–$4,000 resistance zone. The recent move above that level, followed by a sharp pullback, looks like a classic fakeout meant to flush late entries. With the broader structure still intact, this setup leans more toward prolonged accumulation than a trend breakdown.

For traders, the line in the sand sits around $2,800–$3,000, where the higher-low structure is anchored. As long as ETH holds this zone, upside attempts remain valid. A strong weekly close above $4,200 would signal real acceptance and could open the path toward $5,000–$5,500, with $7,000 as the larger breakout target. Losing $2,800 on a weekly close would weaken the setup and point to more sideways or corrective price action.

Ethereum Price at a Decision Point

Ethereum’s current price action reflects stabilization, not confirmation. After defending the $1,750–$1,900 macro support zone, ETH has managed to rebound above $1,950, but it continues to struggle below the $2,150 resistance, which remains the first level bulls need to reclaim to regain short-term control.

From a higher-timeframe perspective, the weekly higher-low structure is still intact, meaning the broader bullish thesis has not been invalidated yet. However, the lack of a strong follow-through move and continued rejection near resistance suggests ETH is still range-bound, not trending.

As long as ETH holds above $1,750, the downside risk remains containe,d and the market stays in a positioning phase. A weekly close below $1,700 would weaken the structure and open the door to a deeper correction. On the upside, a reclaim of $2,150, followed by acceptance above the $2,600 mid-range, would be the first signs that Ethereum is preparing for a broader breakout attempt.

The post Solana Price Prediction for February 2026: Will SOL Reclaim $100 or Drop to $60? appeared first on Coinpedia Fintech News

Solana (SOL) price has staged a sharp rebound after plunging to an intraday low of $67.31, a level not seen since December 2023. The drop came amid heavy liquidation-driven selling that erased over $350 billion from the total crypto market capitalization.

Since then, Bitcoin has reclaimed the $67,000 mark, while SOL has rebounded above $83, fueling hopes that the market may have already formed a bottom. However, beneath the surface, sentiment remains cautious. Technical signals and on-chain data indicate that traders are still hesitant to commit, suggesting the bounce may be driven more by short-term positioning than a clear shift in market confidence.

Spot Traders Turn Optimistic While Long-Term Investors Remain Cautious 

The crypto market has shown signs of recovery after rebounding from recent lows, but underlying data suggests the move is still being driven more by positioning than long-term conviction. While prices have bounced and trading activity has picked up, several key metrics indicate that the market remains cautious beneath the surface.

Active addresses are increasing, and DEX trading volumes have climbed, suggesting higher participation and capital rotation as volatility returns. These trends often emerge during early recovery phases, when traders begin testing the market after a sell-off.

However, not all signals are supportive. Total Value Locked (TVL) continues to decline, indicating that long-term capital is still being withdrawn from protocols. This suggests that while traders are active, longer-term investors and liquidity providers remain cautious and unwilling to commit.

Short Positions Pile While SOL Price Rebounds

Solana’s price action over the past few weeks has been choppy and uncertain. After dropping more than 21% from monthly highs above $106, SOL has bounced back about 18% from the lows. The increase in active addresses shows more traders stepping in, which has also pushed volatility higher. Still, the rebound hasn’t fully convinced the market, as many participants appear to be positioning for a possible rejection rather than a clean recovery.

Following the rebound, open interest has started to rise, indicating that new positions are being opened rather than the move being driven purely by short covering. At the same time, funding rates remain negative, showing that traders are still skewed toward short positions despite the price recovery. This combination points to disbelief in the rally rather than aggressive bullish positioning.

Taken together, the data paints a clear picture: the market is seeing renewed activity and speculation, but not yet a return of confidence. For the rebound to develop into a sustained recovery, price strength would need to persist alongside stabilization in TVL and a gradual shift in positioning. Until then, the current move appears to be an early, fragile phase rather than a confirmed trend reversal.

What’s Next for SOL Price: A Rise to $100 or Drop to $60?

Solana’s price is currently in a make-or-break zone. The rebound from the lows has been sharp, but a trend reversal has not been confirmed yet. For the bullish continuation to $100, the price is required to hold above $80 to $82 and reclaim the resistance around $93 to $95. A failure could drag the price back to $70, triggering a deeper correction to $60 or below.

Therefore, the weekly close can be important for the Solana (SOL) price, which may further decide the next price action. 

The post Stablecoin Inflows Jump From $51B to $102B—Is Smart Money Preparing to Buy the Dip? appeared first on Coinpedia Fintech News

The crypto market has come under intense selling pressure, with more than $350 billion wiped off total market capitalization. Similar downturns in the past have usually been accompanied by falling participation and capital exiting the space. This time, however, the setup looks different.

Instead of drying up, capital has surged, with stablecoin inflows doubling even as prices decline. This points to traders staying engaged and waiting on the sidelines rather than rushing to exit, likely positioning for a potential entry near market lows.

The key question now is whether the Bitcoin (BTC) price has already found a bottom or if the market still needs to endure further downside before a more durable recovery can take shape.

Stablecoin Inflow Doubles to OVer $102 Billion

The Weekly stablecoin exchange inflows have witnessed a massive increase, nearly doubling, highlighting a sharp increase in funds moving into exchanges during the sell-off. The rise in the stablecoin inflow comes at a time when Bitcoin and major altcoins remain under pressure, weighed down by heavy liquidations and weakening short-term market structure. 

The data from CryptoQuant shows a major spike in inflows reaching $102 billion, well above the 90-day average of around $89 billion. This increase indicates a rapid rise in stablecoins being transferred to exchanges rather than withdrawn. Large inflows during a sell-off usually indicate that traders are preparing for potential accumulation rather than exiting the market. In simple terms, they are waiting for the markets to bottom. 

When Does the Crypto Market Typically Bottom?

Historical Bitcoin bear markets show a clear pattern in drawdowns. In past cycles—2011, 2013–15, 2017–18, and 2021–22—market bottoms have usually formed after Bitcoin recorded deep peak-to-trough losses ranging between 60% and 80%.

The chart highlights that earlier corrections rarely ended at shallow pullbacks. Instead, price tended to stabilize only after prolonged drawdowns, accompanied by sustained fear, declining participation, and extended consolidation phases. In the 2021–22 cycle, for example, Bitcoin bottomed only after the drawdown pushed well beyond 70%, followed by several months of sideways movement.

In the current cycle, the drawdown remains shallower compared to prior bear-market bottoms, suggesting the market may still be in a price-discovery and positioning phase rather than a confirmed bottoming process. Historically, bottoms have formed not at the first sharp drop, but after volatility compresses and drawdowns stop making new lows.

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•   Crypto Market Crash: $380B Wiped Out as $2.6B Liquidations Push Bitcoin to $60K. What’s Next?
•   ,

This comparison suggests that while capital positioning is increasing, time and further stabilization, rather than a single event, have typically been required before durable market bottoms emerge.

The Bottom Line: What to Watch Next?

The data suggests the market is not in panic exit mode, but it may also not be done correcting. More than $350 billion has already been erased from total crypto market capitalization, yet stablecoin inflows have doubled to around $102 billion, showing capital is waiting rather than leaving.

Historically, Bitcoin bear-market bottoms have formed after 60%–80% drawdowns. From the recent cycle high, BTC is currently down roughly 35%–45%, which places the market short of typical historical lows. Based on past drawdowns, a probable downside zone for the Bitcoin price lies between $48,000 and $42,000, where long-term demand has previously emerged.

For the broader crypto market, a comparable move would imply total market capitalization falling toward the $1.6 trillion–$1.4 trillion range, down from recent highs near $2.3 trillion.

In short, capital appears ready, but history suggests price may still need to probe lower levels or consolidate longerbefore a durable bottom is confirmed.

FAQs

The post Decred Outperforms Market With 30% Rally— Will DCR Price Reach $30? appeared first on Coinpedia Fintech News

The broader crypto market has turned decisively bearish, with Bitcoin recording one of its sharpest pullbacks in recent months. The move was backed by over $2 billion in long liquidations, wiping out more than $380 billion from the total crypto market capitalization.

In contrast, the Decred (DCR) price has shown strong relative strength. The token surged over 30%, reaching levels above $24.65in the past few hours, even as market sentiment remained weak.

The rally appears driven by a clean technical breakout, placing DCR among the top-performing assets over the past seven days. Price has moved above the key resistance zone between $22.17 and $23.40, a range that previously capped upside attempts. 

A daily close above this zone would likely validate bullish continuation toward the next target near $30. The key question now is whether DCR can maintain momentum and continue decoupling from the broader bearish market structure.

Following the breakout, Bollinger Bands have started to expand, pointing to rising volatility as buying activity picks up. At the same time, On-Balance Volume (OBV) has moved sharply higher, indicating that more volume is flowing in on up-moves than on declines—often a sign of accumulation rather than short-term speculation.

With demand building alongside improving volume structure, DCR appears positioned for a potential move toward the $30 level. However, for this bullish setup to remain valid, the price needs to secure a daily close above the immediate resistance zone between $22.12 and $23.51. Failure to do so could delay further upside and keep the Decred (DCR) price vulnerable to short-term pullbacks.

The post Why XRP Price Is Falling Today—Can Bulls Defend $1 Support? appeared first on Coinpedia Fintech News

XRP price slipped lower today as selling pressure across the crypto market picked up pace. The move followed Bitcoin’s drop to around $60,000, which triggered another wave of risk reduction and forced liquidations. In the latest flush, more than $1.85 billion in long positions were wiped out, setting a cautious tone for large-cap altcoins, including XRP.

There was no XRP-specific trigger behind the decline. Instead, traders stepped back as volatility stayed high and dip buying remained weak. With leverage still unwinding and confidence shaken, short-term bounces in XRP have struggled to hold. For now, price action remains tied to broader market stability, with traders waiting for signs of exhaustion in selling before positioning for any meaningful recovery.

Current XRP Price Position Today

XRP extended its decline over the past 24 hours, dropping 9.77% to trade near $1.30. The sell-off intensified after the token failed to hold the $1.50 support, triggering a sharp pullback during the previous trading session.

The downside move dragged XRP as low as $1.13, a level not seen even during the October 2025 sell-off, highlighting the severity of the breakdown. As the price slipped below $1.50, trading volume began to rise after remaining relatively flat near $4 billion since the start of the month.

Volume spiked sharply as XRP marked its lows, surging past $10 billion and later climbing above $13 billion as the price rebounded. This increase in activity suggests bullish participation near the lows, with buyers stepping in to defend the range. The rebound has pushed XRP back toward $1.30, where it is now attempting to stabilize.

However, upside momentum remains capped. Strong overhead resistance continues to limit recovery attempts, keeping bearish risks firmly in play despite the bounce from recent lows.

XRP Price Analysis for this Week—Can XRP Still Plunge Below $1?

XRP went through a similar sell-off in October 2025, when long liquidations crossed $612 million. The current pullback, however, appears technically deeper, even though long liquidations so far remain below $60 million.

This imbalance suggests the weakness is being driven less by forced exits or external shocks and more by a clean technical breakdown and fading trader confidence. With liquidation pressure still relatively contained, sellers continue to control price action, leaving XRP vulnerable to further downside. Unless buyers step in decisively, the token remains exposed to a move below the $1.00 level in the near term.

As seen on the chart, XRP has rebounded from the $1.05–$1.15 range, a zone where buyers previously stepped in during November 2023 and pushed the price toward a peak near $2.91. That historical reaction highlights the importance of this demand area.

However, the current rebound looks different. Despite visible buying interest, XRP has struggled to move decisively higher and remains pinned close to support. More importantly, open interest continues to decline, suggesting the move lacks strong bullish backing.

The rebound appears to be driven largely by short liquidations, rather than fresh long positions entering the market. As contracts continue to close even as price ticks higher, it signals ongoing deleveraging and a lack of conviction among traders. For now, $1.05 remains a critical line of defense. A clean break below this level could open the door to a deeper correction.

Conclusion

XRP’s recent rebound offers short-term relief, but the underlying signals remain mixed. While buyers have defended the $1.05–$1.15 zone, the lack of follow-through and falling open interest suggests the recovery is being driven more by short covering than genuine demand. Until fresh long positions enter the market and momentum improves, the bounce risks fading. For now, XRP remains at a critical juncture, where holding key support could stabilise price, but a breakdown would likely trigger renewed downside pressure.

The post Crypto Market Crash: $380B Wiped Out as $2.6B Liquidations Push Bitcoin to $60K. What’s Next? appeared first on Coinpedia Fintech News

Bitcoin price recorded one of its sharpest single-day declines in recent years, a move not seen since the FTX collapse. The largest crypto crashed to an intraday low near $60,000, marking its first visit to this level since October 2024 and fully erasing gains made after the US presidential election.

The downside pressure quickly spread across the broader crypto market. Ethereum slipped below $1,800, while Solana broke under $70 for the first time since December 2023. Dogecoin also plunged below the $0.10 mark, intensifying risk-off sentiment and triggering panic across retail-heavy tokens.

With key supports breached across major assets, traders are now questioning whether Bitcoin and the wider crypto market have officially transitioned from a correction into a full-fledged bear market.

Top Reasons Why Bitcoin Price Dropped to $60,000

Since Bitcoin slipped below the psychological $100,000 level, market sentiment has shifted sharply. Both traders and institutions appear increasingly cautious, with confidence fading faster than in previous pullbacks.

Unlike past market crashes, triggered by systemic shocks such as the ICO bubble, COVID-led liquidity stress, the Terra ecosystem collapse, or the FTX failure, the current decline lacks a single catastrophic event. Instead, the sell-off reflects a technical breakdown in market structure, compounded by weakening conviction and reduced risk appetite among participants.

Massive Long Liquidations Took Control

Over the past few days, the crypto market has been under intense pressure, with liquidation numbers repeatedly crossing $1.5 billion to $2 billion. The latest sell-off was especially brutal, wiping out over $1.85 billion in long positions, making it the second-largest liquidation event of 2026, after the $2.4 billion flush seen on January 31.

The impact was widespread and painful. More than 500,000 traders were forced out of their positions as leverage unravelled across exchanges. The largest single liquidation—a Bitcoin long worth more than $12 million—was recorded on Binance, highlighting just how exposed even large players were to the downside move.

Bitcoin Price Dropped Below Key Technical Support

Bitcoin’s fall to $60,000 was driven by a clear technical breakdown rather than a headline-driven shock. The sell-off accelerated after BTC decisively lost the $65,000–$62,000 support zone, an area that had held multiple pullbacks over the past few weeks.

Once Bitcoin slipped below $62,000, stop-loss orders clustered in this range were triggered rapidly. This led to a sharp increase in sell pressure and opened the way to the next major liquidity pocket near $60,000, where the price briefly stabilised.

The breakdown was further confirmed as Bitcoin dropped below key trend indicators. BTC lost support at both the 50-day and 100-day moving averages, levels closely watched by swing traders and short-term institutions. The failure to reclaim these averages turned them into immediate resistance, strengthening the bearish bias.

 Weak Dip Buying at Key Levels—Why Buyers Stepped Back

One thing that stood out during Bitcoin’s slide to $60,000 was how quietly buyers stepped back. When the price fell through the $65,000–$62,000 zone, there was no strong rush to buy the dip, unlike earlier pullbacks. Any short-term bounce was quickly sold, showing that traders were more focused on cutting risk than building new positions. 

With volatility high and liquidations piling up, many chose to stay on the sidelines and wait for clarity. That lack of conviction left Bitcoin exposed, allowing sellers to stay in control and push the price down toward the $60,000 level.

The Bottom Line—Has the Crypto Market Officially Entered a Bear Market?

The recent sell-off has clearly changed the mood across the crypto market. Bitcoin losing the $60,000 level, repeated billion-dollar liquidation events, broken supports, and a lack of strong dip buying suggest this move is more serious than a normal correction. Confidence has weakened, risk appetite has dropped, and traders are no longer quick to step in on dips.

Still, calling this an official bear market may be too early. Bear markets usually show prolonged weakness and repeated failures to recover key levels, not just a sharp breakdown. Right now, the market feels stuck in between—no longer bullish, but not fully broken either.

What happens next matters most. If Bitcoin fails to reclaim lost levels and selling pressure continues, this phase could easily turn into a full-fledged bear market. For now, crypto stands at a decisive crossroads.

The post Bitcoin Price Prediction: After Losing $81K and $75.3K, is BTC Plunging Below $60,000? appeared first on Coinpedia Fintech News

Bitcoin price has officially erased all the gains incurred in the past couple of years, specifically after Donald Trump was elected as the president of the US. The current trade dynamics and the market structure suggest Bitcoin bears may still be in control, highlighting the possibility of a deeper correction in the coming days. 

The BTC price has come under pressure after losing key support zones between $75,000 and $81,000, shifting the short-term market structure in favour of the bears. With the momentum fading and volatility picking up, the attention has now shifted to the next major support and resistance zones. 

BTC Price Rally Resembles a ‘Liquidity Hunt’ 

Bitcoin’s recent price action looks less like a clean trend and more like a liquidity-driven move. On the all-leverage liquidation map, the largest clusters of open positions sit below the current price, which makes downside moves easier to trigger.

The biggest liquidity pools are stacked around $81,200, $75,300, $68,400, $64,700, and $60,600. Each time BTC loses a support level, the price drifts toward the next pocket where leveraged long positions are concentrated. Those levels act like magnets, as forced liquidations add momentum to the downside.

This also explains why the rebounds have struggled to hold. Without steady spot buying to absorb sell pressure, prices continue to sweep lower liquidity zones. Until that changes, volatility is likely to stay high, and risk remains tilted toward further downside moves.

Will Bitcoin (BTC) Price Test $60,600?

In the long-term, the Bitcoin price broke down from the rising wedge in mid-Q4 2024. This was believed to be a correction that could rebound as the price was accumulating within an ascending trend. However, a rejection of $90,000 has pushed the BTC price into a strong bearish trap. Currently, the support at $74,500 is also broken, which suggests the BTC bears are still in control. 

On the price side, Bitcoin has clearly been rejected from the upper supply zone near the $100K–$120K region, confirming strong selling pressure at higher levels. The sell-off has now pushed BTC into a well-defined weekly demand zone around $60K–$65K, an area where buyers have historically stepped in.

RSI adds an important layer here. The weekly RSI has dropped toward the lower end of its range, nearing oversold territory compared to prior cycles. This suggests that while momentum is still weak, selling pressure is starting to look stretched. In past instances, similar RSI conditions inside major demand zones have often preceded either a relief bounce or a period of consolidation rather than an immediate continuation lower.

Put together, the indicators suggest Bitcoin is at a critical turning point: holding this demand zone with stabilizing RSI could trigger a short-term rebound or sideways base, while a breakdown, especially with RSI slipping further, would point to deeper downside risk in the weeks ahead.

The Bottom Line

Bitcoin has now entered a demand zone just below $70,000, where the buyers have previously stepped in. The weekly RSI has dropped to the lower threshold below the lower threshold for the first time since November 2022, followed by a strong rebound backed by volume. But the volume has drained now, indicating a massive drop in the trader’s participation. In such a scenario, the BTC price is feared to drop below $60,000 before the end of the week. 

The post Chainlink Price Breaks Down—Is LINK Heading Back Into Its 2022–23 Accumulation Range? appeared first on Coinpedia Fintech News

The broader crypto market has slipped into a bearish phase, with Bitcoin dropping below $70,000 and giving up more than 50% from its cycle highs. As downside pressure builds across majors, Chainlink has also erased most of its 2024–25 gains, raising concerns that Chainlink’s price could drift back into the long consolidation range seen during 2022–23.

With price now losing key support levels, traders are watching closely to see whether LINK price enters another extended accumulation phase or if the current weakness marks a short-term corrective pullback that could eventually set the stage for a stronger rebound.

LINK Risks Re-Entering Its 2022–23 Accumulation Zone

Chainlink is starting to look vulnerable as the broader crypto market remains under pressure. After failing to hold the $11–$12 support zone, LINK has slipped lower and is now trading in a price area that previously defined its long consolidation phase in 2022–23. With momentum fading and buyers stepping back, traders are questioning whether this move marks the beginning of another extended accumulation period or just a temporary pullback before a rebound.

On the weekly chart, LINK has clearly lost a key support level that had held through much of 2024 and early 2025. Once the price broke below this zone, it quickly struggled to recover, turning former support into resistance, which is a classic sign of weakening structure.

The highlighted box on the chart marks LINK’s previous accumulation range, where the price spent months moving sideways between roughly $6 and $9. With LINK now trading near $8.8, the price is already testing the upper end of that old range. If buyers fail to step in here, the risk shifts toward range acceptance rather than a quick bounce.

Momentum indicators add to the cautious picture. The RSI has drifted lower, showing fading strength without signaling a full oversold reset, while CMF turning negative suggests capital is slowly flowing out rather than back in.

For now, LINK needs to reclaim the $11–$12 area to shift sentiment back in favor of the bulls. Until that happens, the chart points to continued consolidation or further downside, with the 2022–23 range acting as the key zone to watch.

The Bottom Line

Chainlink price is still under pressure after losing the $11–$12 zone, and for now, the downside risks haven’t eased. In the near term, $8.5–$8.8 is the level to watch this week. If that fails, the price could slide toward $7.5. Looking further into the month, holding below $9 keeps the LINK price exposed to a move back into the $6.5–$7.0 range. Bulls only regain some control if the price manages to reclaim $11, which could allow for a short-term bounce.

The post Is Ethereum Entering a Distribution Phase? Key On-Chain and Price Signals to Watch appeared first on Coinpedia Fintech News

The crypto market bears have strengthened since the start of the month as the top tokens, Bitcoin and Ethereum, have attracted significant selling pressure. While BTC price is feared to drop below $60,000, ETH is showing mixed but increasingly cautionary signals. Now that the Ethereum price is about to test one of the crucial support levels at $2000, the question arises whether the distribution phase is about to begin.

Ethereum Transfer Activity Hits 1.17 Million

On-chain data shows Ethereum transfer count has surged to 1.17 million, a level historically associated with late-cycle market behavior. Similar spikes were last seen near market tops in 2018 and 2021, periods that preceded sharp volatility and prolonged consolidations.

While high network activity is often interpreted as bullish, history shows that activity peaks without sustained price expansion can signal distribution. In such phases, large holders continue transacting, but price struggles to trend higher as supply gradually outweighs demand.

Notably, Ethereum’s price has failed to establish a strong upside continuation despite rising transfers, reinforcing the view that network usage is no longer translating into directional price strength.

ETH Price Drifts Toward a High-Liquidity Zone

At the same time, derivatives data highlights a dense liquidity cluster between $1,800 and $2,000, where a large concentration of leveraged positions sits. Liquidation heatmaps show this zone acting as a magnet for price, particularly during periods of weakening momentum.

As ETH moves closer to this range, downside liquidity becomes increasingly attractive from a market-structure perspective. In distribution environments, price often drifts toward areas with maximum liquidation potential, rather than breaking higher resistance levels. This setup suggests that short-term price action may remain reactive and volatility-driven, with sharp moves possible as leverage is flushed out.

What Traders Should Watch Next

Both charts combined indicate active participation with potential supply rotation with the probability of downside tests. The second-largest token now appears to be more vulnerable to liquidity-driven moves due to a lack of strong upside follow-through. These points hint towards a distribution phase where markets transition from momentum-driven to balance-seeking behaviour. 

Overall, the Ethereum (ETH) price is not showing signs of panic or breakdown, but the data suggests the risk remains skewed to the downside in the near term. 

The post Hyperliquid and MYX Finance Prices Recover Amid Market Correction—Is Bullish Momentum Building?  appeared first on Coinpedia Fintech News

Bitcoin remains under pressure, trading close to $72,000, despite a recovery from $70,034, while Ethereum hovers around $2,100, struggling to reclaim key short-term resistance. Broader market sentiment stays cautious as derivative positioning turns defensive and spot demand remains muted, keeping upside moves across majors limited.

Despite this risk-off backdrop, select altcoins are beginning to diverge from Bitcoin’s weakness. Prices of Hyperliquid and MYX Finance have staged short-term recoveries, attracting fresh speculative interest. The rebound suggests early positioning rather than trend confirmation, but it highlights how capital is selectively flowing into altcoins even as BTC and ETH remain range-bound under selling pressure.

MYX Finance (MTX) Price Set for a Bullish Breakout

The MYX Finance price has been rising in a bullish pattern since the November rebound, which has kept the bullish possibility alive. After the rebound from the support of the rising parallel channel, the price is consolidating within a tight range, suggesting a strong compression. As the price continues to consolidate within the upper bands of the Bollinger, a breakout appears to be on the horizon. 

Although the markets are experiencing significant selling pressure, the MYX price is gearing up for a breakout. The MACD is heading for a bullish crossover as the buying volume is rising effectively. Therefore, the price is expected to enter the immediate resistance zone between $7.05 and $7.38 and may further test the resistance of the channel at $8.5. Considering the current market conditions, a breakout seems to be unlikely, but the crypto may continue to maintain an ascending trend consolidation until it rises above $10. 

Hyperliquid (HYPE) Price Enters a Crucial Range

The Hyperliquid price has been maintaining a strong upswing since late January 2026, attracting more than 75% gains. In times when the price is heading towards its ATH, the pullback can be considered as an interim correction. The technicals remain bullish, hinting towards continued price action towards the final resistance zone. 

The price has entered a decisive phase between $34.94 and $35.95, which can be considered a trend reversal zone, as the price range had been offering strong support earlier. The Ichimoku cloud turns bullish, while the price consolidates above the cloud, hinting towards growing bullish strength. On the other hand, the RSI is hovering around the upper threshold, hinting towards the growing strength of the rally. Therefore, these technicals hint towards a continued upswing and secure the resistance. 

Overall, the rebound in these altcoins appears to be a short-term rotation, but not a clear shift in trend. A sustained upswing in the prices of MYX Finance and Hyperliquid may depend on the growing strength in the top cryptos like Bitcoin & Ethereum. The ETH price is showing stability, while the BTC price may remain volatile and indecisive. Therefore, until Bitcoin rises above the threshold, the consolidation may prevail.

The post Bitcoin Price Slides to $70,000 as Glassnode Says ‘BTC Bears Are in Control’—$50,000 at Risk? appeared first on Coinpedia Fintech News

Bitcoin is printing massive bearish candles for the third consecutive day, dragging the price down by more than 10% this week. The BTC price hit an intraday low very close to $70,000, but it did not attract strong buying volume. This raises the possibility of the start of the bearish phase, and the data from Glassnode below hints towards a deeper correction.

Bitcoin Slips Below Key Short-Term Holder Cost Basis

The risk indicator shows Bitcoin trading below the Short-Term Holder (STH) realized price, a level that often defines near-term market control. When BTC holds below this red cost-basis line, recent buyers remain underwater, and upside moves typically face selling pressure.

At the same time, price is drifting closer to the Active Investor Mean and True Market Mean, suggesting the market is rotating toward lower on-chain cost bases. Historically, this structure reflects bearish dominance in the short term, with price action driven more by risk reduction than fresh accumulation.

Rising Realized Losses Signal Capitulation

The Realised Loss chart shows a sharp rise in realised losses as Bitcoin’s price continues to decline. The recent spikes indicate that a growing number of investors are selling coins at a loss, reflecting rising stress among short-term participants.

Historically, sustained increases in realized losses tend to appear during corrective or distribution phases, when downside momentum forces weaker hands to exit positions. The elevated 7-day average suggests selling pressure remains active, reinforcing the view that current price action is driven by capitulation rather than confident buying.

Institutional Netflows Turn Negative

The BTC DAT Netflow chart shows a clear shift into negative netflows across spot ETFs, corporate treasuries, and government-linked wallets. This indicates that large holders are distributing rather than accumulating, removing a key source of structural demand.

As institutional netflows slip below neutral, Bitcoin price action weakens alongside it, suggesting that recent declines are being reinforced by capital outflows from major entities, not just retail selling. Until netflows stabilize or turn positive, upside momentum remains limited.

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•   Crypto Liquidations Top $700M as Bitcoin, Ethereum and Altcoins Extend Selloff
•   ,

Put Option Demand Surges as Traders Hedge Against Bitcoin

The chart shows a sharp rise in put premiums bought for the $75K strike, while net put premiums turn decisively positive. This indicates traders are increasingly paying up for downside protection, reflecting growing bearish expectations in the short to mid term.

At the same time, Bitcoin price trends lower as put demand accelerates, reinforcing the view that market participants are positioning defensively rather than betting on a near-term rebound. Elevated put activity typically signals risk-off sentiment and heightened downside caution.

The Final Verdict: Are the Bitcoin Bears in Control?

The data shows Bitcoin price is under pressure, but not in free fall. The price sitting below the short-term holder cost basis tells us recent buyers are stuck in losses, which explains why every bounce runs into selling. The rise in realized losses confirms that some traders are now exiting positions under stress, not rotating calmly.

What matters more is that big money isn’t stepping in yet. Institutional netflows remain weak, and the jump in put option demand shows traders are paying for protection rather than betting on a quick recovery. That’s a clear sign of caution, not confidence.

Overall, this looks like a defensive, risk-off phase where the market is trying to find balance after excess optimism. Conditions can still stabilize, but until selling pressure cools and demand improves, upside moves are likely to stay limited and fragile.

FAQs

The post Analyst Warns of Deeper Correction—Ethereum (ETH) Price May Plunge Below $2000 appeared first on Coinpedia Fintech News

The rejection of $3000 has pushed the Ethereum (ETH) price into a strong bearish trajectory. The price is failing to secure an important range of around $2300, which has become a major resistance to break. Meanwhile, the bulls have been defending the pivotal support at $2,150, keeping the bullish possibilities alive. This may point towards an upcoming trend reversal, but a popular analyst, Ali, suggests the bottom has not been reached yet. 

Large Holders Remain in Disbelief

The big players seem to be not confident in the current price rebound, as they have been distributing instead of accumulating. The data from Glassnode shows that the Ethereum whales have been steadily reducing their holdings, possibly relocating them to other tokens. 

The declining bars are the number of wallets holding more than 10,000, which has declined from 1,262 to 1,120. This validates the claim of a possible supply rotation, as they are not aggressively adding or holding at current levels. This points towards a weakening of upside momentum as buying pressure fades off. This may not follow a sudden crash but rather keep the price consolidated within a tight range. 

Ethereum is Yet to Reach the Bottom

A better way to determine whether the ETH price is undervalued or overvalued is to analyse the MVRV values. The chart below shows the Ethereum MVRV ratio and how it behaves at the extreme levels over time. Historically, when ETH’s MVRV moves into the red zone above ~3.2, it has marked overheated conditions and major tops, where profit-taking tends to kick in. On the flip side, when MVRV drops toward the green zone around 0.8–1.0, it has often lined up with cycle bottoms, signaling that ETH is undervalued and long-term accumulation starts.

Right now, MVRV is sitting closer to the lower band, not in extreme greed territory. Historically, the Ethereum price bottoms when the MVRV ratio drops below 0.8. Currently, the ratio sits at 0.96, which suggests the typical bottom conditions haven’t fully formed yet. 

ETH Price May Plunge Below $2000

The second-largest token has been facing strong upward pressure over the past few days; still, the support at $2000 was held tight. However, the data revealed by the MVRV pricing bands suggests the ETH price may find its bottom below $2000. MVRV pricing bands are used to map out where ETH tends to be undervalued, fairly valued, or overheated based on on-chain data rather than pure price action. 

Historically, when ETH trades near the lower blue/green bands (0.8–1.0 MVRV), it has marked strong accumulation zones and cycle lows. On the other hand, moves towards the yellow and red bands (2.4–3.2 MVRV) have aligned with market tops, where price becomes stretched and profit-taking increases. Right now, ETH is trading above the lower bands but well below the red zone, suggesting it’s no longer deeply undervalued, yet still far from euphoric territory.  They hint that Ethereum has room to explore lower levels, and based on this model, a cycle bottom could form below $1,959. 

Wrapping it Up

Ethereum has long been viewed as one of the more stable assets in the crypto market, yet even the strongest ETH bulls are now deep in the red. BitMine, led by Tom Lee, is currently sitting on an estimated loss of nearly $6.8 billion. Meanwhile, prominent crypto whale Garrett Jin has faced losses of around $770 million, including a $195 million ETH long liquidation. In another major hit, Jack Yi, founder of Capital Inc., has reportedly lost close to $680 million.

These losses reflect the broader market environment, where sentiment remains firmly fearful amid extreme volatility across major cryptocurrencies, including Bitcoin and Ethereum. At the same time, buying pressure remains negligible, keeping the probability of a near-term reversal low. Given the current structure, traders may prefer to stay cautious until market conditions stabilize and bulls show clear intent. A sustained move above $3,500 would be required to confirm that ETH is breaking out of bearish influence and regaining upside momentum. Until then, downside risk remains firmly in play.