🤑 Ethereum · The ABC correction is over —volume analysis
#Ethereum #ETH #ETHUSDT Let's see if we can figure out what is happening here. Ethereum is producing great volume today, really high, at least twice or even thrice as much as the daily average yet prices are not rising. What is happening here? I can speculate that this is happening because of massive selling. There are tons of (misguided) sellers but all this selling is being bought. So prices are not rising but neither dropping. Volume continues to rise and it is going to be a huge volume day. Here is what is going to happen: Once all the selling is absorbed, we get a strong bullish jump. I will keep this one short. The correction is over, it is as clear as a cloudless sky. It cannot be denied. The ensuing rise will put ETHUSDT at $3,000 in a flash; this is the first resistance level, right below $3,000. I am certain we will go higher in this bullish phase. How high? I don't know, but the recovery won't end at 3K, it will go much higher. Just buy and hold, go long. We are looking at the best entry possible. It will become complicated to buy once prices start to grow. There will be strong volatility, big price swings. It will be hard... But, if you enter now, it is already over and it is just too easy. ✅ Trade here on $ETH #USIranStandoff #WhenWillBTCRebound
$BTC Everyone seems obsessed with using linear scale on weekly $BTC charts. Sure, it looks cool, but it’s not the best for spotting macro bottoms or long-term trend support. Here’s the deal: linear charts treat price like straight-up dollar moves. That’s fine for small swings, but for an asset that grows exponentially across cycles? Early cycles get squished, recent moves look huge, and suddenly projected bottoms look way lower than they really are. For real macro trend lines and weekly cycle work, log scale is the smarter play. It respects percentage growth, keeps cycles proportional, and actually shows the structure as it is. Linear is fine for short-term stuff. Log is the tool for multi-year trends and bottom analysis. It’s one of those subtle things that can make your charting look slick but totally mislead if you don’t pay attention. $SOL
That sharp flush wasn’t weakness it was liquidity grab + manipulation. Price instantly reversed, reclaimed structure, and moved into a tight accumulation range instead of continuing lower What stands out:
- Clean V-reversal from the lows - Sellers exhausted, momentum flipped - Compression → expansion setup forming - Price now coiling for a breakout, not distribution
If this range resolves to the upside, the next leg targets the $0.22 area, which lines up with the measured move on the chart roughly +60% upside
This is how strong moves start: fear at the bottom, boredom in the range, then expansion As long as $FET holds above the accumulation zone, bias stays up only #FET
Bitcoin has entered a high-volatility regime in early 2026, characterized by significant institutional deleveraging and subsequent "dip-buying" behavior. Below is a breakdown of the current market state: 1. Technical Outlook: The "February Flush"The chart highlights a dramatic liquidation event on February 5th, where Bitcoin plummeted from approximately $\$73,500$ to a local low of $\$61,000$. This $17\%$ intraday drop was likely driven by a "long squeeze" in the derivatives market.
Support & Resistance: Immediate support has formed at the $$61,000 – $\$63,000$ zone. The market is currently testing resistance near $\$70,000$.
$BTC Trend Indicator: The 3-day Simple Moving Average (SMA) is beginning to flatten out, suggesting that the aggressive downward momentum from earlier in the week is losing steam, and the price is entering a consolidation phase. 2. Fundamental Drivers Macro Environment: The primary catalyst for recent volatility has been the market's adjustment to the new Fed Chair nomination and shifting expectations regarding inflation targets for 2026. Institutional Flows: Despite the price drop, on-chain data shows significant "whale" accumulation during the sub-$\$65k$ wick, indicating that long-term institutional conviction remains high despite short-term macro turbulence. Cycle Context: Being nearly two years post-2024 halving, BTC is in a mature phase of its cycle. While the era of $100\%$ monthly gains may be behind us for this cycle, the asset is demonstrating increased stability at higher price floors.3. Summary & Sentiment The sentiment has shifted from "Extreme Greed" in January to "Fear" following the Feb 5th crash. Historically, such flushes are necessary to clear excess leverage before a sustainable move toward previous all-time highs ($100k+ territory). Traders are currently watching for a daily close above **$$71,600** to confirm a trend reversal.
As of February 7, 2026, Bitcoin (BTC) is navigating through a period of intense market volatility, having recently experienced what many analysts are calling the "February Flush. "Short Analysis of Bitcoin (BTC) - February 2026 Market Correction & "The Warsh Shock":
After reaching a historic high of approximately $\$126,000$ in late 2025, Bitcoin entered a significant correction phase. The most recent sharp decline occurred in the first week of February 2026, triggered by the nomination of Kevin Warsh as the next Fed Chair. Markets reacted to expectations of a "higher-for-longer" interest rate environment, which caused a massive de-risking event across both tech stocks and crypto. $BTC
Recent Price Action: The Dip: On February 5, 2026, BTC plummeted over $13\%$ in a single session, bottoming out near $\$61,000$. This move wiped out billions in liquidations and pushed the Relative Strength Index (RSI) into extreme oversold territory (around $27$). The Recovery: As of today, February 7, BTC has shown resilience, rebounding to the $\$67,000 - \$68,000$ range. This bounce is largely attributed to short-covering and institutional accumulation at the "discounted" levels. Outlook: The market is currently in a "decision zone." While some bulls eye a return to $\$100,000$ by year-end based on historical halving cycles, more cautious analysts warn of a potential "Crypto Winter" in 2026, with a projected cycle bottom potentially reaching $\$45,000 - \$50,000$ by late Q3 or Q4 2025.
1. Bitcoin (BTC) Analysis Bitcoin is currently in a "liquidity stress" phase. After peaking near $126,000 in November 2025, it has plummeted, losing nearly 45% of its value in just a few months. $BTC Current Price Action: BTC recently crashed to intraday lows near $63,000–$66,000, effectively wiping out all gains made since the late 2024 "Trump Rally."
Market Sentiment: Extreme Fear (Index: 11-18). The narrative of BTC as "Digital Gold" is being challenged as it currently trades more like a leveraged tech stock, highly sensitive to macro-economic data and layoffs.
Key Levels: * Support: $60,000 is the critical psychological floor. If this breaks, analysts warn of a "capitulation" drop toward $45,000–$52,000.
Resistance: $73,500 (previous support turned resistance) and $84,000.
2. Ethereum (ETH) Analysis Ethereum has faced even steeper distribution than Bitcoin, recently hitting its lowest levels since May 2025. $ETH Current Price Action: ETH is struggling to hold the $2,100 level. Investor losses have exceeded $1.5 billion in the first week of February alone, with many "whales" forced to sell to avoid liquidation on leveraged positions.
Market Sentiment: Bearish. High capital outflows (CMF indicator) suggest that a return to $3,000 is unlikely in the immediate term (February). The market is currently focused on "damage control."
Key Levels:
Support: $2,000–$2,050 is a "must-hold" zone. A break here could see ETH slide toward $1,730.
BTC & ETH Analysis (February 6, 2026) BUYING STRATEGIES:
1. Bitcoin (BTC) Analysis Bitcoin is currently trading near $64,200. After hitting a low of $60,000, the price has bounced, showing strong "buy-the-dip" demand at that psychological level.
Analysis: BTC is in a broad consolidation zone. The $60k support held firm, but bulls need to push past **$68,000** to regain full momentum. $BTC When to Buy:
Safest Entry: If it retests and holds $61,000–$62,000.
Breakout Entry: A daily close above $66,500.
When to Sell:
Short-term: $67,800 (previous resistance).
Mid-term: $74,000 where heavy sell orders are sitting.
2. Ethereum (ETH) Analysis Ethereum is currently priced at $1,950. It suffered a steeper percentage drop than Bitcoin but is seeing a high volume of accumulation from decentralized finance (DeFi) users.
Analysis: ETH is currently oversold. The support at $1,800 is the "line in the sand." If it stays above this, a rally to $2,300 is likely. $ETH When to Buy:
The market today is navigating a "Correction Phase" as investors pivot from pure speculation to fundamental utility. While Bitcoin (BTC) and Ethereum (ETH) are testing critical support floors, specific high-performance assets like Hyperliquid (HYPE) and Solana (SOL) are capturing the most attention due to infrastructure upgrades and institutional interest.
1. Market Leaders: The "Big Two" Analysis Bitcoin (BTC): Testing the $71k Floor Current Price: ~$71,404 (Down approx. 6% in the last 24 hours). $BTC Analysis: BTC has erased its post-election gains from late 2024. The market is currently "risk-off" due to uncertainty regarding the Federal Reserve’s interest rate path under potential new leadership.
Trend: 🔴 Bearish Short-term. Sellers are in control, but a bounce is expected if it hits the $63,000–$68,000 major support zone.
Strategy: * Buy Zone: $68,000.
Sell Target: $80,000 (Major resistance pivot).
Ethereum (ETH): The "Year of Ethereum" Narrative Current Price: ~$2,124. $ETH Analysis: Despite a 30% drop over the last week, institutions like Standard Chartered are labeling 2026 as the "Year of Ethereum" due to its dominant role in stablecoins and Real World Assets (RWA).
Trend: 🔴 Bearish Momentum but showing a Bullish Divergence on the RSI, suggesting a reversal might be near.
Ethereum (ETH): The "Digital Oil" Struggle Ethereum’s correction has been even steeper, down roughly 55% from its peaks. $ETH Current Price: ~$2,315
The Trend: While long-term fundamentals (tokenization and DeFi) are strong, ETH is bleeding capital to gold and AI-linked stocks.
Buy/Sell Strategy:
Buy Zone: $2,100 – $2,250. This is a high-reward entry for those betting on the 2026 recovery.
Sell/Resistance: $3,000. Expect heavy selling pressure if ETH rallies back to this psychological milestone.
3. Solana (SOL) & XRP: The Altcoin Frontrunners Despite the market crash, these two remain the "most searched" and most active assets. $SOL Solana (SOL): Trading at $101.70. It is holding the $100 psychological floor. Its speed (65k TPS) keeps it as the top choice for retail and meme-coin traders.
XRP: Trading at $1.59. Historically, February is a weak month for XRP (average -8% return). It is currently in a descending channel, but "whale" accumulation remains high. $XRP
Final Pro Analysis: The "Flight to Quality" The 2026 market is no longer driven by pure hype. Investors are moving money into Hyperliquid (HYPE) because it offers real-world utility in decentralized prediction markets, or into Gold, which is currently outperforming crypto.
Crucial Tip: Watch the February 6th token unlock for Hyperliquid. If the price holds above $28 despite the new supply entering the market, it is a massive "Buy" signal for a rally to $40+.
Bitcoin has officially entered a bearish phase after falling 40% from its all-time high of $126,000.
$BTC
Current Price: ~$77,234
The Trend: BTC has closed four consecutive months in the red. Analysts are closely watching MicroStrategy's average purchase price of $76,000; if BTC stays below this for long, it could trigger massive institutional liquidations.
Buy/Sell Strategy:
Buy Zone: $73,000 – $75,000 (Historical support).
Sell/Resistance: $90,000. BTC must reclaim this level and its 200-day EMA to turn bullish again.
Bitcoin (BTC) , Solana (SOL) and Ethereum (ETH) BUYING STRATEGIES:
1. Bitcoin (BTC): The Battle for $75,000 Bitcoin has officially entered a bearish phase after falling 40% from its all-time high of $126,000.
Current Price: ~$77,234 $BTC The Trend: BTC has closed four consecutive months in the red. Analysts are closely watching MicroStrategy's average purchase price of $76,000; if BTC stays below this for long, it could trigger massive institutional liquidations.
Buy/Sell Strategy:
Buy Zone: $73,000 – $75,000 (Historical support).
Sell/Resistance: $90,000. BTC must reclaim this level and its 200-day EMA to turn bullish again.
2. Ethereum (ETH): The "Digital Oil" Struggle Ethereum’s correction has been even steeper, down roughly 55% from its peaks.
Current Price: ~$2,315
The Trend: While long-term fundamentals (tokenization and DeFi) are strong, ETH is bleeding capital to gold and AI-linked stocks.
Buy/Sell Strategy:
Buy Zone: $2,100 – $2,250. This is a high-reward entry for those betting on the 2026 recovery.
Sell/Resistance: $3,000. Expect heavy selling pressure if ETH rallies back to this psychological milestone.
3. Solana (SOL) & XRP: The Altcoin Frontrunners Despite the market crash, these two remain the "most searched" and most active assets. $SOL Solana (SOL): Trading at $101.70. It is holding the $100 psychological floor. Its speed (65k TPS) keeps it as the top choice for retail and meme-coin traders.
1. Bitcoin (BTC) – The "Oversold" Leader Current Price: ~$77,234 $BTC Technical Status: BTC is trading below its 200-day EMA and its RSI is near 22–33, which is historically a "Bottoming Zone."
Analysis: Bears are in control, but a "Squeeze Risk" is building. The area between $73,500 and $75,000 is the ultimate support floor.
Strategy: * Buy: Scale in between $74,000 and $77,000.
Sell: Target $85,000 for a short-term bounce.
2. Ethereum (ETH) – Fundamental Strength vs. Price Weakness Current Price: ~$2,315 $ETH Technical Status: ETH has been a leading decliner recently, dropping from the $3,000 range.
Analysis: Despite the price drop, network fundamentals are at all-time highs (393k new daily wallets). The upcoming Glamsterdam upgrade (mid-2026) is the long-term catalyst.
Strategy:
Buy: $2,250 – $2,350.
Sell: $2,800 (previous support turned resistance).
3. Solana (SOL) & XRP – The Momentum Plays Solana (SOL) | Price: ~$101: SOL is fighting to stay above the triple-digit mark. If $100 holds, it’s a strong "buy the dip" signal. Its new Alpenglow protocol (Q1 2026) aims for 150ms finality. $SOL XRP | Price: ~$1.59: Consolidating after the January hype. Whale accumulation is steady at the $1.50 level.
XRP is currently the focus of institutional interest due to spot ETF inflows. After a speculative surge to $2.40 early in the month, it has "normalized" back to around $1.59.
$XRP
Current Trend: Consolidating. Large "whales" have been accumulating between $1.50 and $1.70.
When to Buy:
Accumulation Zone: Anything between $1.50 and $1.65 is considered a high-value entry for the next leg up.
Stop-Loss: If XRP drops and stays below $1.45, the bullish thesis is temporarily invalidated.
When to Sell:
Conservative Target: $2.10 – $2.20. This was the previous resistance where the most recent sell-off began.
Moon Shot: If regulatory clarity remains positive, a retest of $3.00 is the major goal for 2026.
Solana remains the "speed king" of blockchains. After hitting a local high of $148 in mid-January, it has corrected significantly to approximately $101.
Current Trend: Bearish in the short term, but testing a massive psychological support level at $100.
When to Buy:
The "Sniper" Entry: Between $95 and $105. If it holds $100 for more than 48 hours, it's a strong signal of a bottom.
$SOL
Safe Entry: Wait for a breakout and close above $120 to confirm the downtrend has ended.
When to Sell:
Short-term Target: $140 (approx. 40% profit from current levels).
Long-term Target: Many analysts expect SOL to push toward $200 by late 2026 if ecosystem growth continues.
Based on the latest data as of February 1, 2026, both Bitcoin and Ethereum have entered a "healthy correction" phase following a massive rally in the first half of January. This volatility provides distinct entry and exit opportunities for profit.
1. Bitcoin (BTC) Analysis Bitcoin showed incredible strength early in the year, reaching a peak of $96,151 in mid-January. However, it has recently dropped to approximately $79,213.
Market Sentiment: Slightly fearful but fundamentally strong. The $80,000 level is acting as a major psychological support. $BTC When to Buy:
The Dip Zone: Current prices between $75,000 and $80,000 are considered a "Buy" for long-term investors.
Confirmation: If BTC holds $78,000 for three consecutive days, it signals a bottom.
When to Sell:
Short-term Profit: Target $90,000 for a quick 12-15% gain.
Major Resistance: Sell at $95,000 – $97,000. Historical data suggests heavy selling pressure near the $100k milestone.
2. Ethereum (ETH) Analysis Ethereum has been more volatile than Bitcoin. After peaking at $3,354, it has corrected sharply to $2,472, a decline of about 26%.
Market Sentiment: Underperforming BTC in the short term, but remains the leader in smart contracts and "Real World Asset" (RWA) tokenization. $ETH When to Buy:
Accumulation Zone: $2,300 – $2,500 is a high-value entry point. ETH often experiences "rubber-band" effects where it snaps back quickly after such a large drop.
When to Sell:
Short-term Profit: Look to exit at $3,000.
Long-term Target: Resistance is strong at $3,300. If it breaks this, the next target is $3,800+.
Avalanche (AVAX) Analysis: The ETF Era Begins Avalanche has officially entered the institutional spotlight this week with the launch of the first spot AVAX ETF in the U.S.
Market Sentiment: Cautiously Bullish. AVAX is trading at approximately $12.35. Despite a rocky start to the week where price dipped toward $11, the launch of the VanEck Avalanche ETF (VAVX) on January 26 has provided a floor for the asset.
Technical Outlook: AVAX is consolidating in a multi-year demand zone ($9–$12). It faces immediate resistance at $15.50. A breakout above this level would signal a shift from "base building" to a trend reversal.
Sui (SUI) Analysis: Stabilization & Resilience Sui has moved past its "hype" phase and is now proving its network resilience. Following a minor consensus stall on Jan 14, the network's quick recovery bolstered investor confidence.
$SUI
Market Sentiment: Neutral/Consolidating. SUI is trading at approximately $1.41. It is currently in a "volatility compression" phase after retracing from its $2.00 high earlier this month.