Bitcoin (BTC) price has led the wider crypto market in a further selloff. After slipping below its crucial buy zone around $80k last week, Bitcoin price extended its selloff today to hit $72,889 on Tuesday, February 3, for the first time since the first week of November.
Bitcoin Price Falls on Leverage Flashouts
As such, more than 167k leveraged traders were flashed out, with more than $730 million liquidated during the past 24 hours. Out of this, more than $528 million involved long traders, amid the notable decline in Bitcoin’s Open Interest (OI).
According to market data analysis from CoinGlass, Bitcoin’s OI has continued to shrink since the October 11 crypto capitulation to hover about $52.7 billion at press time.
Following today’s BTC price capitulation to $72k today, Matt Hougan, Bitwise CIO, stated that the flagship coin is under the influence of a multi-month bear market. Hougan stated that the Bitcoin price has been in a bear market since early 2025, but the high institutional adoption and regulatory clarity have blinded investors.
“This is not a bull market correction or a dip. It is a full-bore, 2022-like, Leonardo-DiCaprio-in-The-Revenant-style crypto winter set into motion by factors ranging from excess leverage to widespread profit-taking by OGs,” Hougan stated.
What’s Next?
Hougan, however, stated that the Bitcoin bottom is closer as its four-year bear cycle is in the last phase. Moreover, Hougan believes that Bitcoin investors are banking on regulatory progress and high institutional adoption, to drive a bullish rebound ahead.
Nonetheless, onchain data from Santiment shows that key Bitcoin investors have been aggressively selling while retail buys-back, a classic sell signal. From a technical analysis standpoint, if Bitcoin buyers fail to defend $73k in the coming day, a further correction towards $69k will be inevitable.
After rejecting the upper boundary of its long-standing ascending channel, Bitcoin has transitioned into a corrective phase, pulling back toward a critical support zone around $65,000.
Recently the prices across the altcoin market remain under pressure. Yet a major institutional catalyst has emerged for the top blue chips of the industry. Moscow Exchange’s plans to launch cash-settled futures for Solana, XRP, and TRX adds regulated exposure at a time of heightened volatility, reshaping how these assets are viewed within long-term market frameworks.
MOEX Expands Crypto Derivatives Beyond Bitcoin and Ethereum
Moscow Exchange (MOEX) is preparing to broaden its regulated crypto derivatives lineup by introducing cash-settled futures linked to Solana, XRP, and TRX. The move extends the exchange’s existing Bitcoin and Ethereum offerings and aligns with its strategy to deepen institutional access to digital asset exposure in Russia.
Russia's Moscow Exchange announces plans to launch cryptocurrency indices for Solana, Ripple, $XRP and Tron by the end of 2026, signaling further crypto market integration in the country. pic.twitter.com/afvbVYhSjv
Initially, MOEX plans to launch indices tracking these altcoins, which will then serve as the underlying benchmarks for futures contracts. At the same time, settlement will be conducted entirely in Russian rubles, removing any need for physical cryptocurrency delivery and simplifying compliance requirements.
Regulatory Guardrails Shape Market Structure
Access to the new futures contracts will be restricted to qualified investors under Russian law. Meanwhile, contract specifications are expected to mirror MOEX’s existing crypto products, with monthly expiries and standardized risk controls.
JUST IN: Russia to roll out crypto regulatory framework this July, allowing retail participation. pic.twitter.com/rSGoesFBzK
This structure reflects a broader regulatory direction. The Russian government is working toward a comprehensive digital asset framework expected by July 1, 2026, positioning regulated derivatives as a controlled gateway for institutional participation rather than direct spot market exposure.
Institutional Credibility Versus Short-Term Market Stress
From a market context perspective, the announcement arrives during a sharp correction across the altcoin sector. While, prices for Solana, XRP, and TRX have all been influenced by broader risk-off sentiment rather than asset-specific fundamentals.
Still, promises for derivatives listings on national exchanges is a longterm. This broadly signal a shift in how assets are classified. Rather than speculative instruments, they begin to function as monitored financial products within formal trading ecosystems. That said, futures markets also introduce leverage and hedging dynamics, which can amplify volatility in the short term.
Sentiment Reset and Long-Horizon Positioning
At the same time, the current drawdown appears more consistent with a cooling phase than a structural breakdown. Market participation has thinned, forced liquidations have slowed after the event, and volatility is gradually normalizing.
Breaking developments such as MOEX’s futures expansion may not immediately reverse price trends. However, they do open the possibility of renewed interest once bearish pressure fades, particularly among long-term investors assessing regulated exposure and liquidity pathways rather than short-term price action.
How Futures Listings Could Influence Market Behavior
From an analytical perspective, regulated futures introduce price discovery mechanisms that operate independently of spot markets. For Solana, XRP, and TRX, this may gradually influence how capital flows react during future market cycles.
While price recovery is never guaranteed, the introduction of these contracts places the trio within a more formal derivatives framework. The presence of MOEX futures suggests that Solana, XRP, and TRX are increasingly treated as enduring components of the crypto market rather than transient narratives, reinforcing their standing within long-term structural discussions.
Hyperliquid price has rallied sharply from the $22 swing low, breaking bearish structure and reclaiming key levels, putting a potential macro bottom in focus if demand and volume continue to build.
The crypto market held steady on Tuesday as investors bought the dip and as risky assets like stocks continued their recent rally. Bitcoin (BTC) price rose to $78,330, up by 5% from its lowest level this month. Other top altcoins…
Chainlink price has accelerated into a major historical support zone at $9.65 after losing key value levels, placing the market at a critical inflection point where a relief bounce may develop if demand returns.
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.
Canton network price today is trading near $0.189 as fresh institutional infrastructure developments reshape its market context. The catalyst comes from Fireblocks’ integration with the Canton Network, a move that strengthens regulated settlement access while drawing attention to CC/USD at a critical technical juncture.
Meanwhile, Fireblocks, which is known and trusted by more than 2,400 enterprises and securing over $5 trillion in annual digital asset transfers has announced a new integration with the Canton Network. The move expands Fireblocks’ regulated infrastructure offerings for tokenization, settlement, and institutional digital asset flows.
Financial institutions can custody Canton Coin and build on Canton's privacy-enabled infrastructure with the same security and policy controls they use across our platform.
At the same time, the integration introduces custody and operational support for Canton Coin (CC) directly within Fireblocks’ platform. This gives financial institutions a governed and privacy-enabled environment to begin settling assets on Canton using Fireblocks’ enterprise-grade policy controls and workflow automation.
Interest from traditional financial institutions has already been accelerating Canton’s momentum. The network is increasingly being viewed as a preferred infrastructure layer for regulated tokenization, including tokenized securities, deposits, and settlement workflows. That shift places Canton network crypto closer to institutional deployment rather than speculative experimentation.
Regulated Custody Strengthens Market Confidence
That said, custody for Canton Coin will be provided through Fireblocks Trust Company, a qualified custodian chartered by the New York State Department of Financial Services (NYDFS). This structure provides a regulatory-compliant custody framework designed to meet fiduciary and risk management standards expected by large financial firms.
Still, the update also leverages Fireblocks’ MPC security architecture and governance controls. Institutions operating on Canton now gain protections suited for institutional-scale adoption, including key management safeguards and operational oversight. These features are increasingly seen as prerequisites for regulated digital finance participation.
From a market perspective, such developments often influence how participants assess network credibility, even when broader crypto conditions remain uncertain.
Canton Network Price Chart Shows Improving Structure
From a technical perspective, the Canton network price chart suggests that CC/USD has been trending upward from a key support zone. On the daily timeframe, $0.177 has established itself as immediate support after the price flipped the $0.160 level.
Price structure aligns with both an ascending parallel wedge and a developing cup-and-handle formation. The current rally remains contained within the ascending channel, suggesting controlled momentum rather than volatility-driven expansion.
If price continues to respect this structure, the upper boundary of the wedge near $0.220 becomes a level of interest. That zone may act as resistance and could invite a pullback toward the lower channel boundary near $0.140, which would still preserve a constructive longer-term setup. However, a sustained move beyond $0.220 would open the possibility of a broader reassessment in the Canton network price forecast.
Derivatives and Sentiment Data Add Context
Additionally, derivatives data shows total open interest for CC/USD reaching an all-time high of $37.61 million. This indicates increasing participation, even as price action remains technically structured.
Social volume has also been building into Q1 2026, pointing to rising discussion around Canton network crypto. Weighted sentiment metrics suggest that commentary has skewed more positive than negative, reinforcing engagement without signaling speculative crowd behavior.
Taken together, these metrics suggest that the Canton network price is increasingly reflecting infrastructure-driven interest rather than short-term momentum trading, and that the price may tilt on the higher side for a longer span.
PayPal stock price tanked by nearly 20% on Tuesday, becoming one of the top laggards on Wall Street, after publishing weak financial results and a leadership change.
Galaxy Digital stock price remains in a technical bear market after plunging by nearly 50% from its highest level in 2025, and a risky chart pattern points to more downside as its losses rise amid the crypto market crash.
Despite the recent bounce, Bitcoin (BTC) price action continues to show clear signs of pressure as the correction stretches into its fifth straight month. Every recovery attempt has faced strong supply, with rallies repeatedly stalling below key resistance zones. This behavior points to ongoing distribution rather than a healthy consolidation phase. While buyers are stepping in near the lows, their lack of follow-through has allowed sellers to retain control of the broader trend.
As a result, BTC remains stuck in a corrective structure unless it can reclaim the critical $80,000 resistance with conviction. Until then, the market faces a near-term turning point. Traders are now watching closely to see whether Bitcoin can push above $80,000 this week—or if failure to do so leads to a breakdown below the $77,500 support zone.
Bitcoin Spot Trading Volume Dries Up
Bitcoin’s spot demand drying up is a subtle but meaningful signal—and CryptoQuant’s exchange data makes this clear. When spot volumes fall, it means real buyers are stepping back even if the price hasn’t yet cracked key levels. Historically, strong rallies in BTC have been backed by expanding spot demand on exchanges; without it, upside attempts tend to lack follow-through, and the price becomes more sensitive to headline moves or liquidations.
The CryptoQuant data shows key cycle moments: after the 2019 peak near $14K, spot demand faded, and price entered a prolonged consolidation and pullback; in late 2021, spot volumes dropped sharply after the all-time high, signaling distribution before the broader downtrend; and again in mid-2023, muted spot activity coincided with choppy range-bound price action before volatility picked back up.
As seen in these historical snapshots, drying spot demand on CryptoQuant typically aligns with consolidation, shaky breakouts, or increased volatility rather than sustained trend extensions.
Bitcoin (BTC) Price Sits on the Edge
The BTC price has been largely volatile since the last few days of January, which appears to have restricted the rally below the key resistance zone. The buyers and sellers are actively contributing, and as a result, volume remains elevated with no major impact on the price. The strength of the rally has been decaying since the start of the month, keeping the rally capped below an important resistance zone between $78,900 and $79,235.
As reflected on the chart, there has been a clear lack of aggressive buying interest from market participants. Since facing rejection near the $126,219 highs, price action has consistently printed lower highs and lower lows, reinforcing the ongoing bearish structure. This sustained absence of demand supports the view that spot buying interest has largely dried up over the past five months. Meanwhile, the RSI has slipped into oversold territory and is attempting a rebound, hinting at short-term relief potential rather than a confirmed trend reversal.
As a result, the Bitcoin (BTC) price is likely to remain range-bound below the $80,000 mark unless a clear surge in buying pressure pushes the price back above this bearish zone. Until then, any upside moves are expected to face strong selling pressure, keeping the broader corrective phase intact.
Dogecoin price jumped after a fresh comment from Elon Musk renewed interest in the meme coin. The move pushed DOGE price today to the top of the crypto market’s gainers over the past 24 hours.
The latest rally followed a playful yet powerful post from Elon Musk, where he hinted that Dogecoin could finally go to the moon next year. The comment referenced his long-standing promise from 2021 and brought fresh attention to the DOGE-1 lunar mission, a SpaceX-linked project funded entirely using Dogecoin.
DOGE-1 is planned as a lunar payload mission aimed at collecting data from the Moon, while also showcasing how cryptocurrency can be used beyond Earth. Although the mission has faced several delays and was earlier expected to launch in mid to late 2026, Musk’s latest comment reignited market hopes, at least from a sentiment point of view.
Dogecoin Price Today Outperforms Major Cryptocurrencies
Following Musk’s post, Dogecoin price surged nearly 5%, briefly reaching $0.109 before settling near $0.1068. This made DOGE the top-performing asset among the top 10 cryptocurrencies by market cap during early Tuesday trading.
The broader crypto market also moved higher, gaining around 2% during the same period. Bitcoin price today climbed above $78,000 but lagged behind Dogecoin, posting a smaller 2.4% rise. The gap once again highlighted how strongly DOGE reacts to sentiment, especially when Elon Musk is involved.
The renewed excitement has caught the attention of market analysts. Crypto trader Trader Tardigrade compared current market conditions to Dogecoin’s 2020 rally. According to the analyst, DOGE previously bottomed when the U.S. dollar index and gold peaked, leading investors to shift toward riskier assets like cryptocurrencies.
This comparison has strengthened the bullish outlook and added confidence to the idea that Dogecoin may be entering another upward phase.
DOGE Utility and ETF News Add Extra Support
Beyond hype, Dogecoin is also seeing progress in real-world use. House of Doge recently announced plans for a Dogecoin payment app, which will allow users to create wallets, buy DOGE, and make payments from one platform.
Meanwhile, Dogecoin ETFs are slowly gaining traction. After a quiet start, these products have recorded new inflows, pushing total net inflows close to $7 million. While still modest, this trend points to growing interest from institutional investors.
What’s Next for DOGE Price?
For now, Dogecoin’s rally remains largely driven by sentiment. Traders will be closely watching whether Musk’s comments lead to real progress or fade like previous hype-driven spikes. Until then, DOGE remains one of the most reactive cryptocurrencies, capable of strong price moves from a single social media post.
Cardano (ADA) price is drawing renewed attention after rebounding from the $0.27 level, a zone last seen in October 2023. This area has historically acted as a strong demand pocket, triggering dip-buying and short-covering activity. The bounce indicates that sellers are losing momentum near these discounted levels. From a market structure perspective, ADA is attempting to stabilize above the recent lows as liquidity begins to rebuild.
If price continues to hold above the $0.27–$0.28 range and momentum improves, traders may look for speculative long setups. A higher low or range expansion could act as confirmation for a potential breakout attempt in the near term.
Cardano (ADA) Price Enters Bullish Range
Cardano price is still stuck in a clear downtrend on the daily chart, moving inside a descending channel that’s been guiding price lower since the sharp October sell-off. Every bounce has been sold into, and the latest move toward the $0.27–0.28 zone shows that bears are still in control. For now, this channel defines the trend, and ADA needs to break out of it to change the broader narrative.
Looking at indicators, RSI is sitting near 32, which shows weak momentum and hints at exhaustion, but there’s no strong reversal signal yet. CMF hovering around neutral suggests buyers are hesitant, and capital inflows remain light. As long as ADA stays below $0.34–0.36, pressure likely persists toward $0.27, with $0.24–0.25 next if support breaks. A real trend shift starts only above $0.40.
What’s Next for Cardano Price?
Cardano is likely to remain under pressure in the coming week as long as it trades below the descending channel resistance. In the short term, price may attempt a relief bounce toward $0.32–0.34, but this zone is expected to act as strong resistance. If selling pressure persists, $0.27 remains the key support to watch, with a deeper move toward $0.24–0.25 possible on a breakdown. For the monthly outlook, a trend shift only comes into play if ADA reclaims $0.36–0.40 with volume; otherwise, the structure favors consolidation to a mild downside rather than a strong recovery.
Cardano price extended higher in today’s session as traders reacted to a regulatory development that adds a new dimension to ADA’s short-term outlook. After weeks of compression and downside pressure, price action has begun to stabilize as Cardano-linked ETFs surfaced in the U.S. Rather than triggering an impulsive spike, the news coincided with controlled accumulation, hinting that the market may be repositioning rather than chasing. That subtle change sets the stage for a more consequential question: Is ADA transitioning from correction to recovery?
ETF Filing Puts Cardano Back on the Institutional Radar
The catalyst came from a filing submitted by Volatility Shares Trust, which registered Form N-1A amendments covering spot Cardano ETF exposure, alongside 2x and 3x leveraged Cardano ETFs. The products are designed to track ADA’s daily performance and remain subject to regulatory approval, but the structure itself matters. This is not an approval event, yet it signals something important. Issuers typically prepare filings only when they believe market demand and regulatory conditions are worth testing. Including both spot and leveraged variants suggests expectations of sustained liquidity and active trading interest, not just a short-lived narrative.
From a market perspective, such filings tend to work less as instant price triggers and more as sentiment resets. They introduce optionality. Investors begin pricing in the possibility of regulated exposure, which can alter medium-term positioning even before any decision is made. That backdrop helps explain why ADA’s reaction has been controlled rather than euphoric.
ADA Price Tests Key Demand Zone: Reversal Imminent?
Cardano’s price action has entered a critical phase after breaking down from its prior trading range and sliding into a well-defined demand zone. The latest rebound shows a controlled accumulation and the market is reassessing whether ADA can see a recovery in the short-term. As Cardano price reached its make or break zone near $0.300, downside follow-through has weakened, with tighter candles and reduced extension lower. This behaviour typically signals seller exhaustion rather than renewed bearish conviction.
The structure forming inside the demand zone is notable. Rather than a sharp bounce, ADA appears to be building base, hinting at a potential transition from a trending phase into consolidation. If ADA holds the demand zone, it may rotate toward the 50 day EMA area of $0.4300 followed by 200-day EMA zone of $0.500 in the near term. For now, ADA is at a crucial decision point, either confirming a structural base for a recovery attempt of failing support and extending the broader corrective trend. The next directional move will depend entirely on how price behaves around this demand zone.
FAQs
Why is the Cardano (ADA) price rising today?
ADA is moving higher after ETF filings linked to Cardano surfaced, improving sentiment and encouraging controlled accumulation near key support.
What does the Cardano ETF filing mean for ADA?
The filing signals growing institutional interest. While not approved yet, it increases the chance of regulated exposure and longer-term liquidity.
What are the key resistance levels for ADA next?
If support holds, ADA may target the 50-day EMA near $0.43, followed by the 200-day EMA around $0.50.
Is Cardano shifting from correction to recovery?
It’s possible. A sustained hold above the demand zone would support a recovery, while a breakdown would extend the broader correction.
Polygon (POL) price is taking a breather above $0.11, rebounding about 11% from the key psychological support at $0.10, signaling short-term relief after recent weakness. On-chain data shows January’s activity driving a sharp increase in token burns, with roughly 25.7 million POL removed from circulation, marking one of the largest monthly burns since the POL transition. Network usage has also fuelled bridged net inflows and a rise in stablecoin supply, supported by the adoption of Ethereum’s trustless agent standard (ERC-8004) on Polygon, which expands utility and liquidity flows on the layer-2 chain.
Despite these bullish fundamental cues, POL’s technical picture remains under pressure. The token is still trading within a broader downtrend, with key moving averages sloping downward and the market structure showing lower highs, suggesting the recent bounce could be a relief rally rather than a confirmed trend reversal.
POL Price Analysis for this Week
The POL price in the short term is attempting a short-term trend reversal after completing a deep corrective move from the $0.18 high. Price has defended the $0.10–0.11 demand zone and is now trading around $0.115, just above the 0.236 Fibonacci level at $0.119, signaling early signs of accumulation. The structure suggests a higher low is forming, which keeps a relief move in play as long as the price holds above $0.11.
From an indicator perspective, price is trying to reclaim the MA ribbon (20/50/100 EMA–SMA cluster), with the 50-SMA curling up, often an early trend-shift signal on lower timeframes. RSI at ~61 shows improving momentum without being overbought, supporting continuation rather than exhaustion. On the upside, a clean hold above $0.12 opens the door to $0.132 (0.382 Fib), followed by $0.143 (0.5 Fib). A stronger breakout above $0.15 would expose $0.186. On the downside, losing $0.11 would invalidate the bounce and bring $0.099–0.10 back into focus.
Can the POL Price Trigger a 100% Rise This Month?
A 100% move-in Polygon (Ex MATIC) price this month sounds bold, but it’s not impossible. The price has already shown strength by holding the $0.10 support and starting to reclaim key moving averages, which keeps the recovery story alive.
The POL price still needs to break and hold above $0.15, and then convincingly clear the $0.18 resistance, where sellers were active earlier. Without strong volume and a supportive market backdrop, any upside is more likely to come in steady legs rather than a straight vertical surge.
STX price staged a sharp intraday recovery, climbing close to 18% after weeks of persistent downside pressure. The rebound unfolded during a session marked by improving risk appetite across select altcoins, but STX stood out as price reacted decisively from a compressed range near recent lows. The move was not gradual, as STX price accelerated higher after absorbing sell orders clustered below the $0.30 region, an area that had repeatedly acted as short-term support. Once that supply was cleared, STX pushed higher in a single directional move, signaling a shift in near-term market control.
The recovery has pulled STX away from its local bottom, placing price back into a technically important zone where prior breakdowns occurred often the first area traders watch to assess whether a bounce has follow-through potential.
STX price action is now shifting into a post-breakout retest phase, a behaviour typically seen after aggressive trendline breaks. After clearing the descending trendline that capped the token upside for weeks, STX did not extend vertically. Instead, it pulled back in a controlled manner to retest the former resistance as new support, a structurally constructive signal. On the chart, Stacks price is compressing above the reclaimed zone, with higher lows rather than slipping back into the prior range. This suggests sellers are failing to regain control, while buyers are defending the breakout level with reduced volatility.
If STX price continues to hold above this retest area, the structure opens the door for a continuation move toward the $0.45-$0.50 region. A clean push above the local consolidation zone would likely trigger momentum-driven participation, especially given the earlier short-side pressure. Failure of the retest, however, would delay the bullish thesis and push STX back into range-bound behaviour rather than invalidate the broader recovery.
Futures Market Data Outlook
Derivatives positioning played a key role in today’s rally. Liquidation heatmap data shows dense short liquidity stacked between the $0.30 and $0.32 range, levels that were swept as price moved higher. As STX crossed into this zone, forced short exits amplified upside momentum rather than organic spot demand leading the move.
Furthermore, the open interest surged alongside price, indicating fresh positions entering the market instead of leverage being flushed out entirely. This matters. Moreover, exchange data further shows short exposure outweighing longs near the lower range, leaving additional downside protection for price as long as STX holds above reclaimed intraday levels.
Bitcoin’s fall toward the $75,000 level did not come as a surprise to analysts. The move was not caused by panic selling or bad news. Instead, experts say the drop is the result of a long-term technical breakdown that has been building for months.
According to analysis shared by The Block Vlog, Bitcoin has shifted from a strong uptrend into a broader correction phase after losing key support levels.
Bitcoin Trend Shift Started in Late 2025
The first warning signs appeared in November 2025, when Bitcoin failed to hold its important $91,000 daily support. This level had supported the bullish trend for weeks.
Once that support broke, the market structure changed. Bitcoin stopped making higher highs and higher lows, confirming that the previous bull market cycle had ended. A rising wedge pattern also broke down, which is often a bearish signal.
At the same time, momentum indicators across higher timeframes turned weak. Weekly momentum slowed, medium-term indicators flipped bearish, and monthly candles began closing below short-term moving averages. Together, these signals pointed to a deeper correction, not just a short pullback.
Why Bitcoin Falling to $75,000 Was Expected
After losing the $91,000 support, downside targets between $76,900 and $71,800 became active. Bitcoin reached the $75,000 zone within days, confirming those technical predictions.
The speed of the drop stood out, especially because it happened over the weekend, when markets usually move more slowly. This suggested strong selling pressure rather than normal profit booking.
Although $75,000 is an important psychological level, analysts say it is not a strong long-term support. From a weekly view, Bitcoin already lost the more critical $85,000 support, leaving the price vulnerable to further declines.
For Ethereum, analysts are paying more attention to the ETH/BTC chart than the dollar price. While Ethereum remains bullish in the long run, it must hold the 0.026–0.029 support range against Bitcoin.
If Ethereum fails to show strength relative to BTC, it is unlikely to outperform Bitcoin in the near term, even if the broader market stabilizes.
What Next For BTC Price?
If the downtrend continues, a larger measured move from the weekly chart points toward the $63,000 region as a possible next target. This does not mean an immediate fall, but it remains a realistic risk if weakness continues.
On the upside, short-term relief rallies may face resistance near $78,500. Stronger selling pressure is expected between $84,500 and $87,200. A rejection from these zones would likely strengthen the bearish trend again.
The bearish outlook would only change if Bitcoin can reclaim and hold above the $93,000–$94,000 range on a weekly close. Until then, analysts expect high volatility, with downside risks still very much in play.
FAQs
How low could Bitcoin price go in this correction?
Technical projections point to $63,000 as a potential downside target if the current bearish trend continues.
When could Bitcoin price stabilize?
Bitcoin may stabilize once selling slows near major weekly supports or after a period of high volatility and consolidation.
Can Bitcoin recover above $80,000 soon?
Short-term rallies could test $78,500–$80,000, but sustained recovery requires stronger demand and trend reversal signals.
Stacks (STX) price moved higher today, outperforming several large-cap cryptos as the broader market attempts a cautious recovery. The price uptick comes after recent weakness across digital assets, with traders rotating into select altcoins showing relative strength. The move comes as the Bitcoin price shows early signs of stabilizing after its latest correction. In the absence of a major protocol announcement, traders appear to be rotating into assets that have already absorbed selling pressure, with Stacks emerging as one of the more resilient names in the market.
Will this bullish momentum prevail for long? Will the STX price reclaim $0.4 this week?
Stacks Price Gains Strength Without Major Catalyst
STX price is one of the day’s top gainers, up more than 18% to $0.29, with a nearly 240% increase in trading volume. The rebound from the established support levels has lifted Stacks above the major cryptos like BTC and ETH. The token experienced aggressive buying activity from market participants, contributing to the upticks in price after recent weakness. With no adverse news and a modest recovery in the broader crypto space, traders have rotated into assets like STX that have been oversold, helping lift the price in the process.
STX looks to be coming out of a long downtrend and entering a base-building phase. Price has formed higher lows near the $0.23–0.25 demand zone, signalling that selling pressure is fading. The recent bounce from the lower Bollinger Band and a move toward the 20-SMA suggest short-term recovery momentum. However, price is still capped below the key $0.40–0.42 resistance, which has rejected multiple rallies.
On the indicator side, MACD is turning up from negative territory, hinting that downside momentum is weakening, even though a full bullish crossover is yet to be confirmed. If STX holds above $0.28–0.30, a move toward $0.36–0.38 looks likely, with $0.40–0.42 as the major hurdle. A breakout above that could push the price toward $0.48–0.50, while a drop below $0.26 risks a retest of $0.23.
Conclusion: Can STX Reach $0.50?
A move toward the $0.50 level for Stacks (STX) cannot be ruled out, but it would likely depend on more than short-term market rebounds. While recent price strength reflects improving sentiment and a relief-driven rotation into select altcoins, sustained upside would require broader support from the crypto market and renewed interest in Bitcoin-linked applications.
If momentum around Bitcoin stabilises and activity across the Stacks ecosystem continues to grow, STX could gradually work its way higher. However, in the absence of a strong ecosystem or market-wide catalyst, the $0.50 mark remains a medium-term possibility rather than an immediate expectation.
FAQs
Why is Stacks (STX) price rising today?
STX surged over 18% as traders rotated into oversold altcoins, with Bitcoin stabilizing and selling pressure easing on key support levels.
Is STX outperforming Bitcoin and Ethereum?
Yes, STX recently gained more than 18%, outpacing BTC and ETH during this selective market rotation into oversold altcoins.
Is STX in a base-building phase?
Yes, higher lows near $0.23–$0.25 suggest STX is forming a base after a downtrend, reducing selling pressure and preparing for potential upside.
Hyperliquid price rallied over 40% this week as whales showed renewed demand for the token. Can it recover back to its October highs of around $50 now that a bullish crossover has been confirmed on its charts? According to data…
Zcash price is hovering near a key technical support zone after weeks of steady losses, with traders watching closely for signs of short-term exhaustion. As of this writing, Zcash was trading at $289, down 1.7% in the past day. The…
Bitcoin price edged higher on Feb. 3 after days of heavy selling, as pressure from forced liquidations faded and fresh capital returned to U.S. spot Bitcoin exchange-traded funds. Bitcoin was trading at $78,659 at the time of writing, up 3.8%…
ZIL price surged more than 70% today, marking one of its strongest single-day performances in months. The rally unfolded as traders reacted to confirmation of an upcoming Zilliqa network upgrade, triggering renewed attention toward the protocol at a time when the broader crypto market remains under pressure. While most large-cap and mid-cap tokens struggled for direction, the Zilliqa price attracted concentrated inflows, pushing it decisively out of its recent consolidation range. As volume accelerated and volatility expanded, the focus quickly shifted from whether ZIL could move to how sustainable the move might be.
Zilliqa’s Upgrade Catalyst Drives Spot Demand and Narrative Shift
ZIL price rally followed confirmation of a significant Zilliqa network upgrade, which laid out concrete technical and ecosystem developments rather than vague roadmap promises. The network rolled out node version 0.20.0, aligning Zilliqa with Cancun-era EVM functionality and setting the stage for a hard fork scheduled for February 5, 2026. This upgrade improves smart-contract compatibility, enhances tooling for developers, and lowers friction for applications integrating with Ethereum-based environments. Beyond core infrastructure, the update also introduced a meaningful institutional signal.
A government-linked trust network from Liechtenstein is set to participate as a validator, strengthening decentralization and validator credibility. Additional improvements included expanded API capacity for enterprise users and resolution of validator stability issues that had previously constrained performance. For markets, this was not abstract development talk, it was actionable progress, and price reacted accordingly.
ZIL Price Shows Massive Breakout: Is $0.0100 Next?
Zilliqa price chart shows a falling wedge pattern breakout with strong surge in volume. With the start of this month, ZIL price rallied more than 90% and skyrocketed above the supply zone of $0.007000. ZIL’s price action indicates a clear shift in trend, with price surpassing the short-term moving averages and is eyeing to smash the 200 day EMA cluster of $0.007800. Once ZIL price strikes above the zone, further rally would take shape which could push Zilliqa price toward $0.01000 in the near term.
On the downside, the former channel resistance now acts as near-term support. A sustained move back below that level would signal loss of momentum and put the breakout at risk. Until then, the chart reflects trend transition rather than exhaustion.
ZIL’s rally was reinforced by a sharp and measurable shift in derivatives positioning. Total open interest surged to roughly $55.1 million, marking a near 922% jump intraday, a clear signal that fresh leverage entered the market rather than price moving on low participation. At the same time, 24-hour futures volume expanded to approximately $856 million, up more than 4585%, confirming that the breakout attracted broad-based speculative interest across major venues.
Long/short positioning tilted decisively toward the long side, with the aggregate long-short ratio pushing above 1.20, indicating bullish dominance but not yet an overcrowded long trade. Liquidation data further supports this structure: short-side liquidations dominated, while long liquidations remained relatively contained, suggesting bearish exposure was flushed as price accelerated. This combination of rising open interest alongside expanding volume typically reflects new directional conviction, not late-stage short covering alone, which gives a clear bullish outlook.
FAQs
Why Zilliqa (ZIL) price is up today?
ZIL price is up today due to confirmation of a major network upgrade, strong spot buying, and rising derivatives activity signaling renewed bullish interest.
What is the Zilliqa network upgrade and why is it important?
The upgrade improves EVM compatibility, validator stability, and developer tools, making Zilliqa more attractive for apps and institutions.
Is the ZIL rally driven by real demand or speculation?
Rising spot volume, higher open interest, and limited long liquidations point to fresh demand, not just speculative hype.
The broader crypto market is attempting a cautious recovery after the recent sell-off pushed the Bitcoin price below the $75,000 mark. While sentiment across major assets remains mixed, Hyperliquid has moved in the opposite direction, maintaining a strong upward trend and outperforming the wider market.
The divergence comes as Hyperliquid breaks above a key consolidation range following the announcement of a new product update under HIP-4, which expands the platform’s trading capabilities and introduces new on-chain use cases.
HYPE price reacted swiftly to the development, climbing more than 20% on the day. The token moved decisively higher from the $30 consolidation zone to trade above $37.5, signaling renewed bullish momentum. The rally has also pushed Hyperliquid into the top 10 crypto by market capitalization, overtaking Cardano.
The price surge followed the unveiling of HIP-4, a proposal that introduces outcome-based trading on Hyperliquid. The upgrade brings prediction market–style instruments and option-like derivatives directly on-chain, marking a significant expansion beyond the platform’s core perpetual futures offering.
According to Hyperliquid, the new product structure allows traders to express market views with predefined risk, without relying on traditional liquidation mechanics. This design is seen as a step toward positioning Hyperliquid as a more comprehensive trading venue rather than a platform focused solely on perpetuals.
The announcement has been well received by the market, with traders increasingly viewing HIP-4 as a milestone in Hyperliquid’s evolution toward a full-spectrum DeFi trading hub.
Why the Update Matters
The HIP-4 upgrade strengthens the longer-term narrative around platform diversification and potential revenue stability. By introducing outcome-based instruments, Hyperliquid opens the door to new liquidity sources and user segments, including more sophisticated traders seeking structured, on-chain exposure.
Market participants are now closely watching whether adoption of the new trading format translates into sustained volume growth and deeper network effects. If participation follows product expansion, demand for HYPE could remain supported beyond the initial reaction.
For now, Hyperliquid’s ability to rally against a fragile market backdrop highlights the impact of protocol-specific catalysts, as traders rotate toward assets showing both technical strength and clear fundamental developments.
Hyperliquid Price Analysis: Will HYPE Reach $50?
As mentioned earlier, HYPE has maintained a strong upward trend, defying broader market sentiment and outperforming several top cryptocurrencies. Despite only a modest rise in trading volume, buying pressure has been strong enough to lift the price out of its consolidation range near $30 and push it above $37.
The move allowed HYPE to break through the key $35–$36 resistance zone. With that level cleared, the token is now testing its next major technical barrier—the 200-day moving average near $38.01. The focus now shifts to whether this resistance can flip into support, a development that could strengthen the bullish structure and open the door for a move toward the $50 level.
HYPE is finally showing some life after a long corrective phase. Price has bounced strongly from the $28–30 demand zone and is now pushing into the $35–37 resistance area, which earlier acted as a key support before the breakdown. This zone also lines up closely with the 200-day SMA near $38, making it a crucial level to watch. The recent move is backed by better volume and a positive shift in CMF, hinting that buyers are slowly stepping back in, rather than this being a random spike.
If HYPE manages to hold above $35–36, the recovery can extend toward $43 in the near term, followed by a bigger test around $48–50, where strong selling pressure is likely. However, rejection from this zone could send the price back toward $30, and if that fails, $26–28 comes back into focus. Momentum is improving, but the real trend shift only confirms above the 200-day average.
Bottom line: Can the HYPE Price Reach $50 in February 2026?
Hyperliquid’s latest rally has drawn comparisons to the market response following the HIP-3 update, which marked one of the protocol’s earlier major product milestones. After HIP-3 was rolled out, HYPE saw a sustained price expansion, rising from the low-$20 range to above $30 over the following weeks, a move of roughly 40%–45%, supported by rising platform activity and visibility rather than a short-lived speculative spike.
If HIP-4 gains traction similar to HIP-3, increased participation and liquidity could make the current rally more durable rather than just a short-term spike. With this, the possibility of surpassing $50 could be more realistic, paving the way for a new ATH this month.
FAQs
Why is Hyperliquid (HYPE) price up today?
HYPE jumped after the HIP-4 product update expanded on-chain trading features, attracting buyers despite weakness in the broader crypto market.
What is the Hyperliquid HIP-4 upgrade?
HIP-4 introduces outcome-based and option-style on-chain trading, expanding Hyperliquid beyond perpetual futures into a broader DeFi trading hub.
Is Hyperliquid outperforming the broader crypto market?
Yes. HYPE has risen over 20% and entered the top 10 by market cap, outperforming major tokens during a fragile market recovery.
Crypto prices today saw modest gains after a violent weekend sell-off cooled, offering the first signs of stabilization following days of forced deleveraging. Bitcoin was trading at $78,465 at press time, up 5.2% over the past 24 hours. The broader…
The XRP price token crashed to its lowest level since October last year; tehcnicals points to more downside, possibly to the key support level at $1 in the near term.
BTC price fell sharply to $74,500 over the weekend following a sudden escalation in geopolitical tensions and a sharp rally in the US dollar. The violent move was cruelly responsible for erasing billions in market value, triggering forced liquidations and exposing fragile leverage across crypto markets as risk appetite abruptly vanished.
BTC Price Breakdown Fueled by a Liquidity Shock
The weekend sell-off marked one of the most aggressive downside moves in recent months and as experts hoped for a positive Q1 2026 it didn’t went as planned. As thin liquidity conditions amplified volatility as Bitcoin became a source of immediate liquidity rather than a defensive asset. Contrary to safe-haven expectations, BTC price USD moved in tandem with risk assets like ETH, XRP, and others as traders rushed to reduce exposure.
At the same time, President Donald Trump’s anger over the current Fed chair, Jerome Powell, led to the nomination of Kevin Warsh to the Federal Reserve, which further strengthened the dollar. This surge cruelly pressured traditional hedges as well, with gold and silver experiencing sharp declines post news. In light of this news, automated sell orders cascaded across crypto assets, accelerating the downside.
From a BTC price chart perspective, the speed of the drop suggested forced selling rather than discretionary exits, with leveraged long positions bearing the brunt of the move.
Retail Distribution vs Whale Accumulation
Beyond price action, on-chain data presents a more complex picture. Santiment metrics indicate that retail wallets holding fewer than 1,000 BTC were responsible for the crash as they have been steadily reducing exposure for over a month. This persistent selling aligns with fear-driven behavior often observed during sharp drawdowns.
Meanwhile, larger holders tell a different story. Wallets holding between 1,000 and 10,000 BTC have continued accumulating during the decline. This divergence suggests that while sentiment among smaller participants has deteriorated, but larger investors may be treating the drawdown as a rebalancing phase rather than an exit signal.
That said, this accumulation has not yet translated into visible price support, highlighting the scale of selling pressure still present from retailers.
Derivatives Market Shows a Forced Reset
From a derivatives standpoint, the BTC crypto market has undergone a rapid reset. CryptoQuant data shows open interest collapsing from nearly $47.5 billion in late 2025 to roughly $24.6 billion, a drawdown of almost 50%. This signals the near-total removal of speculative leverage that previously supported higher prices.
Funding rates further confirm the shift. Rates plunged deep into negative territory, reaching levels not seen since September 2024. A reading near -0.008 reflects aggressive short positioning and the complete loss of short-term bullish control.
Meanwhile, the Coinbase Premium Index has remained deeply negative. This suggests that US-based institutional and professional traders continue to lead the selling pressure, reinforcing the lack of domestic demand.
Miner Capitulation Adds Structural Pressure
Still, pressure has not been confined to traders alone. The Bitcoin network has seen an estimated 30% drop in hashrate, pointing to meaningful miner capitulation. Rising miner outflows indicate a transition from holding mined BTC to active liquidation.
From a structural angle, miner selling typically accompanies periods of margin stress and declining profitability. While painful, these phases often coincide with broader market resets rather than trend continuation.
The current Ethereum price is within a long-term five-year range and positioned below key volume levels, increasing the probability of a rotation toward $950.
HBAR price is trading near $0.09418 as bearish pressure continues across the broader altcoin market. Despite the drawdown, on-chain signals tied to development activity and real-world asset focus suggest Hedera is retaining underlying demand, offering context for why the HBAR price has avoided a deeper unwind so far.
HBAR Price Finds Support Amid Persistent Market Pressure
At the surface level, HBAR crypto appears to be moving with the market’s broader risk-off tone. Selling pressure has persisted, and price has yet to establish a decisive recovery trend. However, unlike many comparable altcoins, HBAR price USD has spent more time consolidating than accelerating lower.
This relative stability stands out. While price momentum remains cautious, the absence of aggressive capitulation hints that sellers are meeting steady demand, particularly near established support zones.
Meanwhile, market participation metrics suggest interest has not meaningfully deteriorated, even as price continues to grind lower.
Development Activity Offers Structural Support
One of the clearest differentiators for Hedera remains its ecosystem activity. Santiment data tracking the top ten real-world asset-focused networks by 30-day GitHub development activity places Hedera near the top of the list. This positioning highlights sustained engineering momentum rather than short-term narrative cycles.
At the same time, Santiment data reinforces this view. Since January, Hedera’s development activity has remained elevated, recently registering around 234. Notably, this strength has persisted even as price declined, signaling a disconnect between market valuation and underlying network work.
Social volume has also increased over the same period. Still, unlike speculative spikes, this rise has occurred alongside falling prices, suggesting discussion has leaned analytical rather than euphoric.
Enterprise Narrative Continues to Anchor Hedera
From a structural perspective, Hedera’s enterprise-first design continues to define its appeal. The network’s governance model, low transaction costs, and fast finality are tailored to regulated use cases, particularly in financial and real-world asset contexts.
Ongoing upgrades and collaborations with large institutions also reinforce this positioning. That backdrop helps explain why HBAR price has shown resilience during periods when speculative demand across altcoins has faded.
Rather than chasing momentum, Hedera crypto appears to be retaining relevance through utility-driven participation.
HBAR Price Chart Signals Compression, Not Capitulation
From a technical perspective, on the daily timeframe, the HBAR price chart still reflects an overall downtrend, marked by lower highs and lower lows. Beyond the existing downtrend, early February’s recent price action adds nuance, as HBAR/USD dipped to near $0.0840 before rebounding, suggesting demand is emerging near support.
This bounce doesn’t come from just any level; in fact, it closely aligns with the lower boundary of a falling wedge pattern. While the pattern often works but still has a chance of failing, this support still fuels some hope, as it introduces the possibility of stabilization rather than the continuation of decline.
If HBAR price reverses from the wedge’s lower edge, resistance comes into focus around $0.108–$0.110, depending on broader market conditions.
Conversely, a sustained move below $0.088 would expose the $0.083–$0.085 zone, with $0.078 acting as the next area of potential demand if weakness deepens. In this context, HBAR price continues to trade at a technical crossroads shaped by both structure and fundamentals.
The crypto market has been under heavy selling pressure over the past few days, with Bitcoin sliding toward the $75,000 level. Market sentiment has worsened sharply, as the Crypto Fear & Greed Index fell deeper into “extreme fear,” dropping to 14. At the same time, the total crypto market capitalization has plunged to $2.54 trillion, with over $500 billion erased in just a few days. As a result, altcoins are taking a hard hit, and Solana is now testing the key psychological support level around $100. Traders are closely watching to see whether SOL could break below this level next.
Solana Forms Bearish Pattern Amid Negative Metrics
The crypto market crash has sent Solana price toward the $100 mark as long-liquidation surged. Data from Coinglass shows that Solana faced a total liquidation of nearly $35.3 million over the last 24 hours. Of this, buyers liquidated around $24.7 million.
This rising liquidation suggests that sellers are increasingly gaining control, sending the SOL price toward $100 for a retest. However, this bearish drop might further extend due to several negative on-chain metrics.
Solana Funding Rate
Data from CoinGlass shows that Solana’s OI-weighted funding rate has turned negative, signaling that more traders are betting on further downside rather than a price rebound. The metric shifted into negative territory last week and currently sits at -0.0057%, meaning short sellers are paying long traders, a signal of rising bearish threat around SOL.
This bearish outlook is strengthened by Solana’s long-to-short ratio, which now stands at 0.94. A ratio below 1 suggests that more traders are positioned for a price decline than a rise.
Beyond derivatives data, institutional interest in Solana has also weakened in recent weeks. According to SoSoValue, Solana spot ETFs saw net outflows of $2.45 million last week, marking the first weekly withdrawals since their launch. If these outflows continue or accelerate, SOL could face additional downside pressure in the near term.
What’s Next for SOL Price?
Solana’s price moved within a range between $117 and $147 for some time, but that pattern broke to the downside, suggesting sellers are starting to take control. As a result, the price fell to around $95. As of writing, SOL price trades at $105, recovering nearly 3% in the last 24 hours.
SOL/USDT Chart
If SOL closes below $100, the SOL/USDT pair could slide toward the $95 support level. Buyers are likely to defend this zone aggressively, as a break below $95 could open the door for a deeper drop toward $80.
For bulls to regain control, the price would need to climb back above the moving averages. That would indicate the dip below $117 may have been a false breakdown, potentially setting the stage for a move back toward the $150 resistance.
Palantir stock price remains under pressure and in a technical bear market after plunging by 30% from its all-time high, mirroring the performance of other software companies like Microsoft, Adobe, ServiceNow, and Intuit.
The Justice Department on Friday released additional documents from the Jeffrey Epstein files, and Ripple executives stress there is no evidence linking the sex offender to XRP, Stellar, or their development.
XRP price started today’s session under heavy pressure, sliding close to 5% lower amid broad crypto market weakness. However, as the day passed, the selling momentum faded, with price beginning to recover steadily, trimming losses to roughly –2% by mid-session. This rebound was not driven by a sudden spike in volume or speculative momentum. Instead, buying interest emerged gradually near lower levels, suggesting measured dip accumulation rather than forced short covering.
The absence of follow-through selling indicates that downside pressure is being absorbed, even as broader sentiment remains cautious. While XRP has not confirmed a trend reversal, the intraday recovery highlights a shift from aggressive selling to price stabilization, often seen when markets enter a reassessment phase.
On-Chain Metrics Signal a Market in Balance, Not Breakdown
On-chain metrics shows that XRP continues to trade well below its 200-day moving average, with price hovering near the $1.8–$1.9 zone while the 200DMA sits closer to $2.5. This roughly 25% gap confirms that the broader trend has not flipped bullish yet. However, the absence of sharp downside continuation suggests the market is operating in a corrective equilibrium, not a structural collapse. Looking deeper, the 30-day Sharpe Ratio remains close to zero, around 0.03–0.04, indicating that recent returns have barely compensated for risk. Historically, such readings emerge during consolidation phases, when volatility compresses and directional conviction fades.
At the same time, the Sharpe Z-Score, near +0.7, shows modest improvement relative to recent history. While still below levels associated with strong trend formation, it signals that downside efficiency has weakened. While short-term momentum metrics echo this view, with the 7-day Sharpe Momentum slightly positive but subdued consistent with early base-building rather than impulsive upside. Together, these indicators suggest XRP is losing bearish momentum, even if it has not yet regained bullish dominance.
Ripple Escrow Activity Draws Attention
Ripple’s escrow mechanism returned to focus after on-chain trackers flagged a series of large XRP unlocks during the session. Data shows that close to 1 billion XRP was unlocked in multiple tranches, including 100 million and 400 million XRP transactions, with individual releases valued between $160 million and $650 million at prevailing prices.
Despite the scale, the unlocks followed Ripple’s predefined, transparent escrow schedule, a system that has been in place for years. Importantly, an escrow unlock does not automatically translate into spot market selling. Past cycles show that a significant portion of unlocked XRP is either re-locked into escrow or used for liquidity operations tied to Ripple’s payment infrastructure. The market response this time reinforces that pattern. Spot order books showed no surge in sell-side aggression, and price remained stable following the unlocks. In practical terms, the escrow activity added supply visibility, but failed to trigger distribution behavior, suggesting traders had largely anticipated the event.
XRP Price Rebounds Highlights Buyer Accumulation at Key Levels
XRP’s price action tells a more nuanced story than the headline selloff suggests. The session began with downside continuation, pushing XRP close to –5% intraday and briefly threatening to extend the broader corrective structure that has defined recent weeks. XRP price action trading close to a well-defined demand zone that has capped downside attempts since late January. As price dipped into this region, sell-side momentum visibly weakened, and buying interest emerged almost immediately. This allowed XRP to reclaim lost ground and recover toward –2% on the day, signaling active dip-buying rather than passive consolidation.
Structurally, XRP remains below its longer-term trend markers, meaning the broader bias is still corrective rather than bullish. The chart continues to reflect a descending structure, with lower highs guiding price action since the breakdown. The $1.70–$1.80 region remains the key level to watch. A sustained hold above this zone keeps XRP in a base-building phase, opening the door for a relief bounce toward nearby resistance if broader market conditions cooperate. Conversely, a clean breakdown below the $1.40-$1.60 area would invalidate the intraday recovery and expose XRP to renewed downside pressure.
FAQs
Why is XRP price down today?
XRP is down due to broader crypto market weakness, but losses are easing as buyers step in near key support levels.
Will XRP price recover soon?
XRP may rebound if buyers hold $1.70–$1.80 support, but broader crypto trends will influence recovery speed.
Is XRP likely to enter a bullish trend soon?
XRP is still below its 200-day moving average; sustained gains above $2 may be needed to confirm a bullish trend.
What is XRP price prediction for 2026?
XRP may trend higher if adoption and market sentiment improve, but price depends on crypto trends and regulatory developments.
While Bitcoin and major altcoins remain under pressure, select assets have begun to decouple from the broader market trend. MYX Finance and River prices have emerged as the top gainers among the top 100 cryptocurrencies, posting outsized moves despite prevailing risk-off sentiment. Their relative strength stands out at a time when most tokens are struggling to hold key supports, prompting traders to closely assess whether these rallies are driven by short-term momentum or the early stages of a broader trend shift.
The daily chart highlights a steady recovery phase following a sharp post-spike correction, with the price now consolidating around the $5.7 region. MYX price continues to trade within the upper half of a rising structure, suggesting that buyers are gradually regaining control. However, price remains capped below a clearly defined resistance band, making the current setup a crucial decision zone that could determine whether the ongoing uptrend extends or transitions into deeper consolidation.
The MYX price is trading inside a rising parallel channel, which usually reflects a healthy and controlled uptrend. However, the area between $6.3 and $6.8 has acted as a stubborn ceiling, rejecting the price multiple times and keeping MYX in consolidation.
The RSI is pointing to mild bullish strength without any signs of exhaustion, while the MACD has started to flatten, suggesting the market is pausing rather than reversing. As long as MYX holds above the $5.2–$4.6 support zone, the upside structure remains intact. A clean breakout above $6.8 could push the price toward $7.9 and $9.5, while a breakdown below channel support would shift attention toward the $4.2 region.
River (RVR) Price Aims for a 30% Recovery
The chart shows the River price coming off a strong impulsive rally, followed by a sharp pullback as it reacts to a major resistance zone. After pushing aggressively higher within a rising channel, RIVER has cooled down and is now hovering around the $21 area, where buyers are attempting to stabilize the move. This phase looks less like panic selling and more like a natural reset after an overheated run.
RIVER had been trending cleanly higher inside a rising wedge, signaling strong bullish momentum and experienced a breakdown. The pullback has now brought RIVER back into a key demand area around $14–$18, which previously acted as resistance and is now being retested as support. Momentum indicators reflect this cooldown: RSI has dropped toward the mid-40s, suggesting momentum has reset from overbought levels, while CMF, hovering slightly below zero, points to short-term capital outflows but not heavy distribution. If RIVER holds above the $14 support zone, a relief bounce toward $26 looks likely, followed by a retest of $35–$45 if buying strength returns.
The Bottom Line
Even as Bitcoin and most large-cap altcoins lose momentum, MYX and RIVER are quietly holding up well, which is hard to ignore. MYX is respecting its rising structure, and RIVER is trying to stabilize after a strong run and a healthy pullback. This kind of price action usually points to selective buying rather than risk-off panic. If Bitcoin continues to drift without a sharp breakdown, these two could keep outperforming in the near term. That said, broader market sentiment still matters, so BTC’s next move will likely decide whether this relative strength turns into a sustained rally or fades.
Solana price is trading just above the critical $100 support after failing to sustain moves above the $118–$120 supply zone, placing the market at a critical turning point. Price has compressed into a narrow range between $100 and $108, reflecting indecision after the recent sell-off. With previous demand clustered near $92–$95 and no strong follow-through buying above $110, traders are now questioning whether $100 can continue to hold.
Will dip buyers defend this level, or does a daily close below $98 open the door toward deeper downside? The next few sessions are likely to define Solana’s near-term trend.
The daily SOL chart shows Solana testing a critical demand zone after a prolonged downtrend, with price slipping to the $100–$103 region. This area has historically acted as a strong accumulation zone, making the current structure pivotal for the next medium-term move. While broader momentum remains weak, early signs suggest selling pressure may be nearing exhaustion, setting the stage for a potential relief bounce or base formation.
From a price-action perspective, SOL has formed lower highs and lower lows since the October peak near $260, confirming a dominant bearish trend. The recent sharp sell-off resembles a capitulation move, as the price wicked close to the $95–$100 support band.
RSI (14) is near 28–30, deep in oversold territory, hinting at a possible short-term rebound.
OBV continues to trend lower, indicating weak accumulation and cautioning that any bounce may initially be corrective.
The horizontal support zone between $95 and $103 is crucial; a sustained breakdown below this range would expose deeper downside.
Heading into February 2026, Solana’s price action remains at a make-or-break zone. As long as $100 holds on a daily closing basis, the market may attempt a relief rebound toward $108–$112, where supply has consistently capped upside. However, a confirmed close below $98 would weaken the structure and shift focus toward the $92–$95 demand band, followed by a deeper downside risk toward $85 if selling accelerates. Momentum remains fragile, and February is likely to be defined by range resolution rather than trend expansion, unless volume returns decisively on either side of the $100 level.
Bitcoin price briefly fell to a nine-month low of $74,546 on Monday, as massive crypto liquidations and a drop in precious metal prices rattled global markets. According to data from crypto.news, the Bitcoin (BTC) price fell 5.7% to an intraday…
Chainlink price is losing momentum as traders turn more defensive across the altcoin market. After failing to hold above $11, LINK extended its pullback today over 6%, pushing price toward the $9 mark, a zone where buyers are now expected to show intent.
The move lower has unfolded without panic. Instead, it reflects a gradual withdrawal of demand, with rebounds failing to attract sustained follow-through. This kind of price behavior often signals a market that is reassessing value rather than reacting emotionally.
As LINK price approaches key technical territory, on-chain data offers insight into why confidence has thinned.
Spot Market Data Shows Steady Distribution Into Weak Rallies
Spot on-chain metrics point to persistent but controlled selling pressure rather than panic-driven exits. Over the past several sessions, LINK has recorded net exchange inflows averaging 2500,000–4000,000 LINK per day, even as price attempted minor recoveries. These inflows have coincided closely with short-term bounces, indicating that holders are using strength to distribute rather than accumulate. Exchange balances remain elevated relative to early-month levels, while spot volume on green candles has consistently lagged volume on red sessions.
This imbalance confirms that sell-side activity is absorbing demand faster than buyers are willing to step in. Crucially, there is no sign of aggressive accumulation clusters forming at current prices. Historically, LINK bottoms have aligned with sharp reductions in exchange inflows.
Leverage Exposure Resets as Risk Appetite Pulls Back
Derivatives data reinforces the idea that LINK’s move lower is driven by positioning reset, not aggressive bearish conviction. Open interest has declined near 2%, dropping from approximately $470 million to near $450 million, signaling that traders are reducing exposure rather than piling into shorts. This contraction reflects long-side unwinding, not fresh downside speculation.
However, funding rates across major perpetual markets have cooled from mildly positive territory to near neutral, removing a key bullish tailwind that supported LINK earlier in the cycle. The absence of strongly negative funding also suggests shorts are not pressing aggressively. While, liquidation data reveal a notable concentration of long liquidation liquidity between $9.00 and $9.50, with estimated exposure exceeding $60–$80 million. Above current price, short-side liquidity remains relatively thin, reinforcing downside gravity if spot demand fails to stabilize.
Chainlink Price Analysis: Is LINK Set to Retest $8?
Chainlink price has continued to paint the lower highs and lower lows swings, trapped inside a descending channel. Amidst the recovery in early 2026, LINK has failed to crack the $14 hurdle and faced decisive rejection, resulting in drop below the $10 crucial support zone. The $10 level has now flipped into resistance. The current price action suggests that Chainlink price may grab liquidity toward the $8 demand zone in the coming sessions.
As long as LINK price trades below the $9 zone, market structure favors continuation pressure toward the $7.50-$8.30 zone, where historical demand and accumulation zone intersect. A decisive defense of $9 could allow LINK to compress and stabilize ahead. However, the current phase is defined by distribution over accumulation and risk reduction over leverage expansion. The market awaits clear evidence of bottoming out and stronger volume response at support. Until then, LINK is not being chased, it is being tested.
FAQs
Why is Chainlink (LINK) price falling today?
LINK is declining due to reduced demand, steady spot selling on small rallies, and traders lowering risk rather than panic selling.
Is Chainlink facing panic selling right now?
No. On-chain data shows controlled distribution and position unwinding, not emotional exits or aggressive bearish pressure.
Could LINK price recover from this pullback?
A recovery is possible if buyers strongly defend $9 with higher volume, signaling accumulation instead of distribution.
The crypto market has entered a sharp corrective phase, dragging the cryptos from the recent highs. As predicted, the Bitcoin price dropped to $75,000 in early February as the selling and liquidations reached peaks. Initially, it appeared to be a routine pullback, which further transformed into a broader sell-off. This is reflecting the weakening prices, fading momentum, and rising volatility across the market.
Investor sentiment has turned cautious as key technical levels come under pressure, prompting traders to reassess near-term expectations. With Bitcoin acting as the market’s anchor, its decline has amplified downside moves across the crypto ecosystem, setting the stage for a critical period ahead.
Peter Brandt Flags Breakdown Risk as Bitcoin Slips Below Key Structure
According to veteran trader Peter Brandt, the daily Bitcoin chart is showing a decisive structural breakdown rather than a routine pullback. The price has slipped below a rising consolidation channel that previously acted as a pause within a broader downtrend. This breakdown is accompanied by continued rejection near the declining moving average, reinforcing bearish control.
Brandt highlights that failed recoveries and lower highs suggest distribution rather than accumulation. Based on the measured move from the pattern, the chart points toward a potential downside extension toward the $54,000 zone, with limited intermediate support visible. Unless Bitcoin swiftly reclaims the broken structure, the technical bias remains tilted firmly to the downside.
The Bottom Line!
Bitcoin remains under firm bearish control after losing the $78,000–$80,000 support zone, with price now trading below its short-term and medium-term moving averages. As per the chart shared by Peter Brandt, the confirmed breakdown from the rising consolidation structure opens downside risk toward $66,500 as an interim support, followed by the major bearish target near $54,000 based on the measured move.
On the upside, Bitcoin (BTC) price must reclaim $83,500–$85,000 on a daily closing basis to invalidate the bearish setup. Until that happens, any bounce toward $80,000–$82,000 is likely to be corrective, keeping the broader bias tilted toward further downside extension.
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Ethereum (ETH) entered the week under heavy pressure, falling nearly 8% today and slipping decisively below the $2300 level amid a broader crypto market selloff. The move unfolded quickly, with downside momentum accelerating as leveraged long positions were forced out and spot demand failed to stabilize prices. While on-chain behaviour shows capital moving toward exchanges rather than into long-term storage alongside the rising macro uncertainty suggest Ethereum price is facing more than a routine pullback, resembling that ETH may be entering a distribution phase.
On-Chain Flows Signal Elevated Distribution Risk
Ethereum’s downside was preceded by a notable shift in on-chain behavior, particularly among large holders. Exchange inflow data shows a sharp and synchronized increase in ETH deposits, a signal often associated with preparation for selling, hedging, or risk reduction. On February 1, inflows into Binance alone surged to roughly 357,000 ETH, marking the exchange’s highest daily inflow since September. At the same time, total inflows across all major exchanges approached 600,000 ETH, one of the largest coordinated spikes seen in recent months.
Such concentrated inflows rarely appear during periods of strong accumulation. Instead, they tend to surface when large holders reposition exposure near key price levels. The timing of this inflow surge just ahead of ETH’s breakdown below $2,300, significantly increased the market’s sensitivity to downside moves. Combined with rising leverage, these inflows reduced the market’s ability to absorb selling pressure, amplifying the liquidation cascade once price began to slide.
Liquidation Pressure Builds as Leverage Unwinds Aggressively
Derivatives data shows Ethereum at the center of the latest liquidation wave. Over the past 24 hours, ETH-related liquidations surged to approximately $280 million, surpassing Bitcoin’s $250 million and reinforcing Ethereum’s role as the primary stress point in the market.
The liquidation heatmap reveals that long positions dominated losses, confirming that bullish leverage had become overcrowded near recent consolidation highs.
Once ETH slipped below short-term support, cascading stop-outs accelerated the move lower, pushing price swiftly through thin liquidity zones. This pattern reflects structural weakness rather than panic selling. When liquidations cluster this tightly, price movements tend to overshoot fair value before stability returns, leaving Ethereum vulnerable to additional volatility in the near term.
Ethereum Price Structure Weakens Below Key Support
Ethereum’s recent breakdown below the support zone of $2500 carries meaningful implications. The loss of the $2300-$2500 support level invalidated the prior consolidation structure and shifted market control firmly toward sellers. Ethereum price is now trading below its short-term moving averages, with momentum indicators pointing lower rather than stabilizing.
The absence of strong buying volume on the way down further suggests that demand remains cautious rather than aggressive. The immediate support sits near $2000, which if breaks a major decline toward $1600 could be seen next.
Is the Worst of the ETH Selloff Already Priced In?
Despite the ongoing selloff, Ethereum’s higher-timeframe structure is beginning to hint at a potential inverse head-and-shoulders formation. The structure formed after ETH’s slide toward the $2100-$2500 zone, where selling momentum started to fade and volume failed to expand on fresh lows. Recent price action suggests a right shoulder may be developing, indicating stabilization rather than going lower.
This reversal scenario gains credibility only if ETH price reclaims the $2500 neckline on strong volume. Until then, the pattern remains conditional, with a loss of $2100 invalidating the setup and restoring downside risk. A period of consolidation or a technical relief bounce cannot be ruled out if ETH holds its current demand zone. Until reclaim levels are decisively broken, the broader outlook stays cautious, with volatility likely to remain elevated.
FAQs
Why Ethereum Is Going Down Today?
Ethereum is dropping due to rising exchange inflows, leveraged long liquidations, and weak buying amid broader crypto market pressure.
How much ETH was liquidated recently?
Over $280 million in ETH long positions were liquidated in the last 24 hours, highlighting market stress and weak support.
Could Ethereum stabilize or reverse soon?
A potential inverse head-and-shoulders pattern suggests stabilization, but ETH must reclaim $2500 on strong volume to confirm.
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Bitcoin price has entered a cautious phase after failing to hold its recent recovery, with price action gradually tilting back toward the downside. The pullback has been controlled rather than panic-driven, but signs of weakening demand are becoming harder to ignore. Spot buying remains limited, leverage continues to unwind, and sellers are still active beneath the surface. Together, these signals raise the likelihood of Bitcoin revisiting lower support levels, with the $75,000 region now emerging as a key area to watch as early February approaches.
Open Interest: Leverage Steps Back, Not In
Open interest across exchanges has declined sharply, signaling broad deleveraging rather than aggressive dip-buying. This drop suggests traders are closing positions instead of building fresh longs to defend current levels. Importantly, open interest has struggled to recover alongside price, reinforcing the idea that conviction remains weak.
When leverage exits the market without being replaced, the price often drifts toward the next support zone. This behavior aligns with the broader correction seen on the price chart and adds weight to the bearish near-term outlook.
Exchange reserve data shows Bitcoin balances ticking higher after a prolonged period of decline. While this does not point to panic selling, it does indicate that more BTC is becoming available to sell.
In past cycles, rising reserves during a corrective phase have often coincided with extended pullbacks rather than quick reversals. With spot supply increasing and no clear signs of aggressive accumulation, downside pressure remains a real risk if demand does not improve.
Spot Taker CVD: Sellers Still Have the Upper Hand
Spot taker CVD reinforces this cautious view. Over the past several months, sell-side market orders have dominated, and while selling pressure has eased slightly, buyers have yet to take clear control.
The lack of a strong bullish shift in CVD suggests that recent stabilization is more about sellers slowing down than buyers stepping up. Without sustained spot buying, any bounce is likely to remain corrective rather than trend-changing.
Is Bitcoin (BTC) Price Heading to $75,000?
Ever since the BTC price dropped below $100,000, it has slipped into extreme bearish conditions. It broke down below the rising wedge, which has been the start of a strong descending trend.
After breaking the wedge, the BTC price has also completed a small upside correction that resulted in a fresh descending trend. Meanwhile, the weekly RSI is also heading towards the lower threshold, indicating Bitcoin is yet to mark the bottom. Considering the chart structure, the next strong support is just below $75,000, at around $74,500, which could be the range where buyers may take control.
Conclusion: What Comes Next for Bitcoin?
Taken together, price structure, derivatives positioning, and spot market behavior all lean toward further downside exploration. Bitcoin does not appear to be in a capitulation phase, but it also lacks the conditions typically seen at durable bottoms. Unless spot demand strengthens and leverage begins to rebuild alongside rising prices, Bitcoin may continue drifting lower toward the $74,000–$76,000 support zone. A bounce from there is possible, but for now, the data supports caution rather than optimism.
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