Ethereum price crash: What can investors expect in February 2026?
Ethereum’s price crash leaves $ETH stuck in a firm downtrend, with negative flows and weak momentum making a sustained reclaim of $3,000 in February increasingly unlikely.
Ethereum’s price and latest selloff has left investors nursing losses and staring down a February defined more by damage control than euphoria. The core message from market structure and on‑chain signals is blunt: a swift return to $3,000 is, for now, fantasy rather than base case.
Structure of the crash
Ethereum rebounded toward $2,300 after one of its sharpest drawdowns of the year, but the move “looks corrective, not a bullish reversal,” as the original analysis put it. At press time on Feb. 5, ETH changes hands near $2,111, with a 24‑hour range roughly between $2,080 and $2,287 and turnover close to $47.4B.
On the four‑hour chart, MACD histogram bars have flipped green for the first time since late January, yet the 26‑period EMA still sits above the 12‑period EMA, keeping the broader bearish trend intact. RSI hovers in the mid‑30s, “well below the neutral 50 mark,” underscoring that sellers remain in control despite the bounce.
Why $3,000 is unlikely in February
Daily structure is the problem. CMF remains firmly negative, signaling that “capital is still flowing out on balance,” while the negative DMI line continues to hold above the positive one. ADX near 39 shows this is not random noise but a well‑defined downtrend, with ETH still printing textbook lower highs and lower lows.
Fibonacci retracement levels place price just above the zero Fib line — a fragile “final buffer for short‑term relief moves.” Unless bulls can reclaim $2,450 with expanding volume and then break above the $2,818 area, a clean push through the psychological $3,000 mark this month looks unlikely. #WhenWillBTCRebound #WarshFedPolicyOutlook #WhaleDeRiskETH
Bitcoin price faces bearish breakdown: Is $54,860 the next big test?
Bitcoin price has deteriorated over recent weeks, with repeated bearish daily closes below key support increasing downside risk toward $54,860.
Bitcoin ( $BTC ) price has entered a vulnerable phase after failing to hold several critical technical levels that previously supported price action. Over the past few weeks, the market has shifted from consolidation into sustained weakness, with sellers gaining control across multiple timeframes. This transition has been reinforced by consecutive bearish daily candle closes, signaling acceptance below former support rather than a brief liquidity sweep.
The most important development has been Bitcoin’s failure to reclaim the $78,000–$78,289 region. This zone previously acted as a high-timeframe pivot, separating bullish continuation from corrective downside.
With price now trading below this area on a daily closing basis, the technical bias has turned decisively bearish. As long as this condition persists, the probability increases for a deeper corrective move, or even capitulation toward the next major high-timeframe support near $54,860.
Bitcoin price key technical points
Daily closes below $78,000–$78,289: Acceptance below former support strengthens bearish continuation risk
$54,860 emerges as next major downside target: High-timeframe support and Fibonacci confluence align here
0.618 Fibonacci retracement in focus: This level often acts as a magnet for price and a potential reversal zone
From a price action and market structure perspective, Bitcoin’s recent behavior reflects a clear loss of bullish control. The $78,000–$78,289 region had previously functioned as a reliable support zone, absorbing sell pressure and allowing price to stabilize. Once this level was lost, the market failed to produce a meaningful reclaim, indicating that demand at higher prices has weakened materially.
Daily candle closes below former support are particularly significant. Unlike intraday wicks or brief breakdowns, daily acceptance below a level suggests that sellers are comfortable transacting at lower prices. This behavior often precedes extended downside moves, especially when it occurs after a prolonged period of distribution or topping price action.
As Bitcoin continues to trade below this zone, downside momentum remains favored. Each failed attempt to reclaim lost support reinforces the bearish structure and increases the likelihood of a cascading move lower as stop liquidity is triggered beneath successive levels.
Why $54,860 is a high-probability target
The $54,860 region stands out as the next major area of interest for several reasons. First, it represents a high-timeframe structural support, where buyers have historically stepped in to defend price. Levels of this magnitude often attract significant attention from longer-term participants, increasing the probability of a reaction.
Second, this region aligns closely with the 0.618 Fibonacci retracement of the broader high-timeframe move. The 0.618 level is widely regarded as a key retracement zone in trending markets and frequently acts as a magnet during corrective phases. When price accelerates lower, it often seeks out this level before any meaningful attempt at stabilization occurs.
The confluence between Fibonacci support and structural demand creates a “pocket” in price action. Markets tend to move efficiently between such pockets, particularly when intermediate support levels fail to hold. This dynamic increases the probability that Bitcoin will test the $54,860 region if bearish pressure persists.
Capitulation versus controlled correction
A move toward $54,860 does not necessarily imply structural failure or the end of Bitcoin’s broader market cycle. From a market-structure perspective, such a decline could represent a deep corrective move within a larger framework rather than a trend-ending event.
Capitulation-style moves are often characterized by accelerated downside momentum, emotional selling, and sharp volatility expansion. While uncomfortable, these conditions can also set the stage for meaningful reversals, particularly when they occur at high-confluence technical levels. If Bitcoin reaches $54,860 under capitulative conditions, the probability of a reaction increases, provided selling pressure begins to exhaust.
However, it is important to distinguish between a temporary bounce and a confirmed reversal. A sustainable shift in trend would require evidence of accumulation, such as slowing downside momentum, higher lows on lower timeframes, and expanding bullish volume following the test of support.
Market Structure Implications at $54,860
From a broader technical perspective, a move into the $54,860 zone would reset market conditions. It would allow Bitcoin to retest a critical Fibonacci retracement while also re-engaging long-term demand. This combination creates a scenario where a macro low could potentially form, especially if buyers step in aggressively.
That said, the market must prove this thesis through price behavior rather than assumption. Without confirmation, any bounce from $54,860 risks being corrective rather than trend-changing. Until then, the path of least resistance remains lower as long as Bitcoin trades below reclaimed resistance.
What to expect in the coming price action
As long as Bitcoin continues to post daily closes below the $78,000–$78,289 region, downside risk remains elevated. The technical structure favors continuation toward the $54,860 high-timeframe support, where both structural demand and the 0.618 Fibonacci retracement converge.
If the price reaches this level, market participants should watch closely for signs of capitulation followed by stabilization. Strong reactions, bullish volume influxes, and improving structure would increase the probability of a reversal forming. Until such evidence appears, Bitcoin remains in a bearish corrective phase, with $54,000 firmly in focus as the next major test for the market. #TrumpProCrypto #MarketMeltdown #Write2Earn
Bitcoin price prediction: How low can BTC go in the first week of February?
Geopolitical risks, fears of a U.S. government shutdown, and slow-moving crypto regulations are weighing on market sentiment, keeping speculative bets muted.
Despite a brief lift, the path ahead for Bitcoin ( $BTC ) remains volatile, with key technical levels likely to dictate its next move in early February 2026.
In this Bitcoin price prediction, we look at where the market stands right now, the main downside levels to watch, and where BTC could go next if buyers step in.
Current market scenario
At the time of writing, Bitcoin trades near $78,300 after a modest 0.7% gain. While the move offers a brief lift, the BTC outlook is still guarded.
Market sentiment has turned cautious, driven by geopolitical risks and fears of a U.S. government shutdown, with high rates keeping speculative bets muted. Slow-moving crypto regulations, such as the Clarity Act, are another hurdle bulls must overcome.
Why is Bitcoin falling?
The recent dip in Bitcoin caught a few by surprise. Towards the end of January, BTC struggled to hold above $82,000–$85,000, indicating that the bulls were losing steam as macroeconomic conditions deteriorated.
After losing key support levels, selling pressure quickly picked up, pushing prices down into the mid-$70,000 range. This move matched earlier technical forecasts that flagged $74,000 as an important downside target if BTC failed to reclaim higher levels.
Further downside risks
From a technical standpoint, Bitcoin remains vulnerable. If market conditions worsen, BTC could revisit $74,000 and possibly drop toward $68,000.
Potential recovery scenario
Bitcoin still has upside potential despite the selling pressure. Getting back above $82,000–$85,000 and holding could trigger a rally to $89,000–$90,000. Beyond that, a move to $93,000 or more would probably require better macro conditions, lower interest rates, or supportive regulatory signals.
Bitcoin price prediction based on current levels
Bitcoin’s next move is still uncertain. As long as BTC trades below $82,000, downside toward $74,000 or even $68,000 can’t be ruled out. Reclaiming that resistance zone, however, would significantly improve the Bitcoin forecast.
This Bitcoin price prediction for early February points to continued market swings, driven mostly by macro factors. Watching important technical levels and overall market trends will be key, since Bitcoin’s next move could set the tone for the weeks ahead. #VitalikSells #StrategyBTCPurchase #WhenWillBTCRebound
Bitcoin insiders face Epstein-era email fallout over Ripple
Leaked Epstein court files show a 2014 Austin Hill email pressuring investors tied to Ripple and Stellar, reviving scrutiny of Epstein’s Bitcoin funding, MIT links and $XRP long SEC fight.
Leaked court documents have revealed email communications between convicted financier Jeffrey Epstein and prominent figures in the cryptocurrency and technology sectors, according to records reviewed by multiple outlets.
The documents show that in 2014, Austin Hill sent emails to an address associated with Epstein, with MIT Media Lab director Joichi Ito and venture capitalist Reid Hoffman copied on the correspondence, according to the court filings.
Bitcoin ( $BTC ) , Epstein and MIT
Hill’s email referenced competition in blockchain projects, identifying Stellar and Ripple as competitive threats, the records indicate. The message requested a reduction in investment allocations due to conflicts of interest, stating that co-founders had asked to decrease or eliminate certain allocations because some investors supported rival platforms.
Ito resigned from his position at MIT Media Lab in 2019 following reports by The Boston Globe detailing his relationship with Epstein. Ito publicly apologized for accepting donations from Epstein, who was convicted of sex offenses. The court records show Ito participated in cryptocurrency-related discussions with Epstein.
Hoffman’s involvement in the email exchanges has drawn attention due to his extensive venture capital network spanning major technology sectors. The documents indicate that figures in the technology industry sought investment guidance and maintained contact with Epstein despite his criminal history.
The SEC initiated enforcement action against Ripple Labs in 2020, a case that continued for several years before reaching a partial resolution in 2023.
The court documents were released as part of ongoing legal proceedings related to Epstein’s estate and associated civil cases. Epstein died in federal custody in 2019 while awaiting trial on charges. #StrategyBTCPurchase #BitcoinETFWatch #WhenWillBTCRebound
Ethereum Holdings Decline as Supply Lockup Increases
Key Points:
45% of Ethereum is now locked, impacting trade ease.
Over 6.1 million ETH held by publicly listed companies.
Exchange-traded funds account for about 10% of Ethereum supply.
Sygnum's Q1 2026 investment outlook highlights ETH supply dynamics with 45% locked and a 14.5% decrease in exchange-held $ETH , potentially affecting market volatility if demand increases.
Reduced ETH supply against potential demand rises could trigger price fluctuations, impacting investor strategies and market behavior in the cryptocurrency sector.
Key Developments, Impact, and Reactions
According to the Sygnum's report highlights that approximately 45% of Ethereum is locked, and exchange holdings decreased by 14.5% this quarter. Publicly listed companies hold over 6.1 million ETH. Exchange-traded funds account for about 10% of the supply. If demand grows, price volatility is likely. Fewer Ethereum holdings on exchanges suggest increased long-term investments. ETFs and public entities holding significant amounts also showcase institutions' reliance on Ethereum's future.
Ethereum Market Sees Shift with Declining Exchange Holdings
Did you know? Ethereum's locked supply has reached a point that has not been seen in previous years, marking a potential new phase in decentralized finance (DeFi) developments. Ethereum (ETH) currently trades at $2,309.53 with a circulating supply of 120,694 million. The market dominance is 10.73%, down 8.29% in 24 hours and 35.47% over 90 days. Data shows a recent surge in trading volume by 45.42%.
Supply trends may cause regulatory or technological responses affecting Ethereum's role in DeFi. Historical trends indicate potential for increased institutional interest as markets acclimate to reduced availability and volatility pressures. #WhenWillBTCRebound #MarketCorrection #WhoIsNextFedChair
Here’s why Bitcoin price is crashing today (Jan. 31)
Bitcoin price continued its strong downward trend as ETF outflows accelerated, geopolitical risks rose, and the government shutdown continued.
Bitcoin ( $BTC ) dropped below the key support level at $81,000 and hit its lowest level since October last year. It has moved into a bear market by falling by 35% from its highest point in 2025.
BTC dropped as third-party data shows that ETF outflows continued. It shed over $509 million in assets last Friday, after losing $817 million on Thursday. They have shed assets in the last four consecutive days, bringing the monthly outflow to over $1 billion. It was the third consecutive month of outflows.
Bitcoin price also slumped after President Donald
Trump nominated Kevin Warsh to become the next Federal Reserve Chairman. Warsh is widely seen as a hawk who has criticized the Federal Reserve for cutting interest rates. Therefore, there is a likelihood that he will embrace a more hawkish view at the Fed.
Meanwhile, there is a possibility that Trump will attack Iran. According to the WSJ, Trump is considering a kinetic attack that will avoid a prolonged war in the country.
On the other hand, Iran has warned that it may hit Israel, US installations in the region, and shut the Strait of Hormuz, a move that will disrupt the energy market.
Bitcoin has constantly proven that it is not a safe-haven asset. Instead, investors have embraced other assets like gold and the Swiss franc as risks have continued rising. Bitcoin also slipped as the US government moved to a shutdown.
Bitcoin Price Technical Analysis
The daily timeframe chart shows that the BTC price has crashed and erased all the gains it made earlier this year. It has now slipped below the psychological point at $85,000 and the key point at $83,885, its lowest level in December last year.
Bitcoin price has crashed below the 50-day and 100-day moving averages and the Supertrend indicator. It dropped below the Ultimate Support of the Murrey Math Lines tool.
The Average Directional Index has continued rising, a sign that the momentum is continuing. Therefore, the most likely BTC price forecast is bearish, with the next key target being at $80,000. A drop below that level will point to more downside to last year’s low of $74,000. #USGovShutdown #MarketCorrection #WhoIsNextFedChair
The One-Hour Crash That Wiped Out $5 Trillion Across Global Markets
The session opened calmly, with markets showing no clear stress before U.S. trading began. Momentum felt stable across risk assets, and positioning looked balanced. Then Bitcoin — $BTC , rolled over without warning. Selling accelerated within minutes, pulling liquidity from the market. What followed was not a routine dip, but a violent reset that erased trillions before traders could react. Within one hour, losses cascaded across every major asset class. Screens turned red across desks worldwide, catching both retail and institutional players off guard. Many now describe the event as a once-in-a-decade shock, defined by speed, scale, and coordination.
How One Hour Triggered a Global Market Breakdown
Bitcoin led the downturn as U.S. markets opened, with aggressive selling hitting spot and derivatives markets simultaneously. Altcoins followed almost instantly, offering little support as liquidations piled up. Leverage unwound at speed, forcing exchanges to close long positions across the board. The crypto market lost roughly $110 billion during the initial wave of selling.
Precious metals suffered an even sharper blow. Gold plunged eight percent within the same hour, wiping out approximately $3.1 trillion in market value. Silver fell harder, dropping twelve percent and erasing nearly $700 billion. Retail positioning played a major role, as late buyers chased momentum near the highs. Once prices turned, margin calls triggered a brutal cascade.
Equities joined the sell-off soon after. The S&P 500 slid 1.3 percent in rapid fashion, removing another $800 billion from U.S. equity markets. When combined, metals, crypto, and stocks lost more than $5 trillion in sixty minutes. That figure rivals the combined GDP of Russia and Canada, underscoring the magnitude of the event.
Why This Sell-Off Feels Engineered, Not Accidental
January had already shown signs of vulnerability. Markets spent eight weeks chopping sideways, building leverage and complacency. A sudden seven percent drawdown snapped sentiment back into risk-off mode. Over less than forty-eight hours, crypto markets alone lost roughly $200 billion. Liquidations reached $1.8 billion, with long positions accounting for ninety-five percent of forced closures.
This damage did not stay confined to digital assets. U.S. equities and metals fell in lockstep, signaling a broader risk reset. Macro conditions actually leaned supportive before the breakdown. A crypto market structure bill passed, and government shutdown fears eased. Attention then shifted toward Federal Reserve leadership, after President Trump publicly hinted at the next chair selection. Polymarket odds for Kevin Warsh surged to eighty-three percent, keeping traders alert but optimistic.
Despite that backdrop, markets collapsed across the board. Such synchronized selling rarely reflects organic fear alone. The structure suggests positioning pressure and forced deleveraging at scale. Large players likely drove prices lower to flush leverage and reset exposure. This hour will stand as a defining moment for 2026 market structure. #USGovShutdown #MarketCorrection #Write2Earn
Bitcoin short-term holders need liquidity reset as 22% of BTC supply sits in loss
Bitcoin’s next uptrend hinges on fresh liquidity, with Glassnode saying BTC’s profit/loss ratio must rise well above 5 as 22% of supply sits in loss and selling risk lingers.
On-chain analytics firm Glassnode has identified key metrics that will determine the next phase of Bitcoin ( $BTC ) price growth, according to a recent analysis published by the company.
Bitcoin has experienced a downward trend, with price increases proving unsustainable due to insufficient buying liquidity, according to market data. After Bitcoin maintained its support range in recent weeks, market attention has shifted to liquidity conditions, Glassnode reported.
Glassnode shows long-term BTC holders selling
The firm stated that a meaningful trend reversal and uptrend in Bitcoin requires a recovery in market liquidity. For a sustainable upward trend, the profit/loss ratio must remain above a certain level of its 90-day moving average, according to the analysis.
Drawing on historical data, Glassnode reported that strong price recoveries, including mid-cycle rebounds in the last two years, only occurred when the profit/loss ratio remained above 5. A ratio above 5 indicates consistently renewed liquidity inflows and a return of capital to Bitcoin, according to the firm. The current rate stands at approximately 2, well below the threshold identified by Glassnode.
The analytics firm also identified Bitcoin’s supply structure as a source of pressure. Glassnode estimates that approximately 22% of the circulating Bitcoin supply is currently at a loss, a level similar to correction phases seen in the first quarter of 2022 and the second quarter of 2018. This increases the risk of a correction and could reignite selling pressure if Bitcoin fails to hold key support levels, according to analysts.
However, selling pressure appears to be short-term and limited, according to market observers. #USIranStandoff #FedHoldsRates #TokenizedSilverSurge
Hyperliquid price gains another 23% — what’s driving the surge?
Hyperliquid price is gaining momentum as increased commodity trading and token burn mechanics drive renewed interest and market activity.
Hyperliquid has maintained its recent momentum, rising an additional 23% in the last day to approximately $33.46 at the time of writing. After breaking out of a tight trading range and moving toward the top of its weekly levels, the token has gained more than 50%, capping a strong seven-day run.
Even with the sharp rebound, Hyperliquid ( $HYPE ) remains well below its September 2025 peak near $59, showing just how hard it had fallen before this recent move. Trading activity has picked up quickly alongside the price, with spot volume surging more than 90% in the past 24 hours.
Derivatives markets suggests the rally is being driven largely by growing speculative interest, rather than steady spot buying. CoinGlass data shows derivatives volume up nearly 175% to $5.3 billion, while open interest rose over 21% to $1.84 billion.
This combination suggests fresh positions are being opened at higher prices, not just traders closing shorts, which often adds fuel to fast directional moves.
Trading activity on Hyperliquid rises
The price jump has been closely tied to a sharp rise in activity on the Hyperliquid platform, led by commodity perpetual contracts. Silver trading has exploded in particular, with daily volume climbing past $1.2 billion and open interest expanding quickly. Gold and other metals have also seen heavier flows, lifting overall fee generation.
That surge in activity matters for HYPE holders. Hyperliquid directs up to 97% of its trading fees for token purchases and burns. As volumes increase, more tokens are removed from circulation. With this mechanism, usage is directly tied to token demand and price action
Hyperliquid’s HIP-3 framework enables its commodity trading feature. As long as 500,000 HYPE is staked, users can create perpetual contracts linked to assets other than cryptocurrencies, such as stocks, commodities, and indices. This has helped in diversifying activity and drawing in new traders.
The team reported in a Jan. 26 post on X that open interest on upgraded markets had risen to a record $790 million, a significant increase from roughly $260 million a month prior.
Hyperliquid Price Technical Analysis
From a chart perspective, HYPE has staged a sharp rebound from the lower Bollinger Band near $18.80. That move marked a clear shift in short-term trend, with buyers stepping in aggressively after a prolonged decline.
Volatility has expanded since then. Bollinger Bands, which were tightly compressed during consolidation, have opened up to the upside. Such expansions often accompany fast directional moves rather than slow, sideways trading.
Momentum indicators confirm the strength of the push. The relative strength index has moved above 70, reflecting heavy buying pressure, though it also increases the chance of a pause or pullback. Price has reclaimed the 20-day moving average near $24.70, which now serves as the first line of support.
Attention is now on the $34–$36 zone, where previous selling pressure emerged. A clean daily close above that area would strengthen the bullish case and open the door toward the $48–$50 region.
If price stalls, a cooldown toward $30.50 or $28.00 would not be unusual. A sustained drop back below $28 would weaken the recovery and put the recent advance under strain. #FedWatch #Write2Earn #TSLALinkedPerpsOnBinance
Fed rate decision: What to expect in crypto market tomorrow?
Crypto markets are entering a sensitive phase as interest in Fed rate expectations and liquidity conditions dominates sentiment, setting the stage for heightened volatility.
The broader cryptocurrency market is approaching a pivotal moment as macroeconomic forces increasingly shape short-term price behavior. After a period of consolidation and uneven rebounds, digital assets are showing signs of hesitation as traders await clearer guidance on the direction of U.S. monetary policy.
Rather than moving on to asset-specific narratives, the market is responding to shifts in interest rate expectations, liquidity conditions, and risk appetite, reinforcing crypto’s growing integration with traditional financial markets.
Key macro and crypto market themes
Interest rate expectations remain the dominant driver of crypto sentiment
Liquidity conditions are shaping risk appetite across digital assets
Short-term volatility is likely as markets seek macro clarity
Why interest rates matter for crypto markets
Interest rates influence the cost of capital and liquidity availability across global markets. When rates remain elevated or are expected to remain restrictive, investors often favor yield-generating, lower-risk instruments, reducing appetite for speculative assets. Cryptocurrencies, which thrive during periods of abundant liquidity, tend to struggle in these environments.
On the other hand, signs of easing policy or stable rates can improve conditions for crypto by lowering opportunity costs and encouraging capital rotation into higher-risk assets. This dynamic has become increasingly evident as crypto markets react quickly to changes in expectations surrounding central bank policy.
Liquidity is the common denominator
Liquidity remains the key variable linking macro policy to crypto price action. Tight financial conditions typically suppress trading activity, reduce leverage, and dampen momentum across digital assets. In contrast, improving liquidity often coincides with stronger rallies, broader participation, and increased upside volatility.
Recent market behavior suggests that traders are cautious, preferring to wait for confirmation rather than committing heavily in either direction. This positioning reflects uncertainty rather than weakness, with participants closely monitoring signals from policymakers and macro data releases.
Risk sentiment outweighs individual narratives
In the current environment, asset-specific developments are taking a back seat to broader risk sentiment. Even projects with strong fundamentals or positive ecosystem growth have struggled to decouple from the macro backdrop. This reinforces the idea that, in the short term, crypto is trading more like a risk-sensitive asset class than a collection of isolated technologies.
Historically, periods marked by macro uncertainty have often led to range-bound trading and sharp reactions to news. This appears to be the phase crypto markets are currently navigating.
Volatility is likely to increase around policy signals
Major policy signals from institutions like the Federal Reserve have consistently acted as catalysts for volatility in crypto markets. Ahead of such events, price action often compresses as traders reduce exposure and wait for direction. Once clarity emerges, markets tend to move quickly as positions are rebuilt.
This pattern suggests that near-term volatility is less about trend continuation and more about repricing expectations.
Breakouts or breakdowns driven by macro shifts can be sharp, even if they later resolve into consolidation.
Longer-term implications for crypto While short-term price action is being shaped by interest rate expectations, the longer-term outlook for crypto still depends on adoption, innovation, and regulatory clarity.
However, these factors typically assert themselves only after macro uncertainty fades.
Until then, the market remains vulnerable to sudden shifts in sentiment driven by economic data and policy commentary.
What to expect in the coming price action
The cryptocurrency market is likely to remain macro-driven in the near term, with interest rate expectations and liquidity conditions dictating direction.
Range-bound trading and sudden volatility spikes should be expected as markets react to new information.
A clearer signal of easing financial conditions would increase the likelihood of a broader recovery across digital assets, while prolonged restrictive policy would keep risk appetite subdued.
For now, patience and close attention to macro signals remain essential as crypto markets navigate this uncertain phase.
Dogecoin price continues to struggle beneath key resistance levels
Dogecoin price remains trapped below key resistance inside a descending channel, and sustained weakness increases the risk of a downside move toward $0.09 support.
The current Dogecoin ( $DOGE ) continues to struggle beneath key resistance levels. After an extended period of consolidation, DOGE remains positioned within a higher-time-frame descending channel, a structure that typically favors downside continuation unless reclaimed decisively.
Despite multiple attempts, price has failed to regain acceptance above the channel midpoint, suggesting that sellers remain firmly in control. As weakness persists, the probability of a deeper corrective move toward lower support is increasing.
Dogecoin price key technical points
Descending channel intact: Price continues to respect lower highs and lower lows.
Failure at channel midpoint: Rejections reinforce bearish control.
$0.09 emerges as key downside target: Channel low support remains untapped.
From a structural perspective, Dogecoin remains firmly locked within a descending channel on the higher time frame. This pattern reflects a sustained bearish trend, characterized by a series of lower highs and lower lows. Importantly, price has not shown any meaningful deviation from this structure, reinforcing the idea that downside risk remains elevated.
Channels of this type often act as trend continuation structures. Until price can reclaim the upper boundary or decisively break the channel midpoint, rallies are typically corrective rather than trend-reversing.
Weak acceptance below the channel midpoint Currently, Dogecoin is consolidating near the value area low and around the midpoint of the descending channel. This area is acting as a zone of compression rather than support. Repeated attempts to push higher have failed, with price unable to produce convincing candle closes above the channel midpoint.
This inability to reclaim resistance is a key signal of weakness. In bullish recoveries, the price usually regains key mid-range levels quickly. In DOGE’s case, continued rejection suggests that buyers lack the strength needed to initiate a sustained rotation higher.
Value area low acts as resistance
Adding to the bearish outlook is the role reversal taking place at the value area low, which is now acting as resistance rather than support. This shift indicates that price is trading below fair value, a condition that often precedes further downside exploration.
When markets fail to reclaim value, they typically search for liquidity at lower levels. For Dogecoin, this means that the current consolidation may simply be a pause before continuation lower rather than a base for reversal.
$0.09 support comes into focus
With downside momentum building, attention turns to the channel low support near $0.09. This level represents the lower boundary of the descending channel and has not yet been tested during the current leg. Untapped support levels often act as natural magnets for price, particularly when aligned with broader bearish structure.
A move toward $0.09 would also represent a capitulation-style flush, where remaining weak hands are forced out of the market. Such moves can be sharp and emotionally driven, especially if broader market sentiment deteriorates.
Capitulation risk increases with continued weakness The longer Dogecoin remains capped below resistance, the greater the risk of a capitulation-type move. Capitulation typically occurs after prolonged consolidation near resistance, followed by a swift breakdown as demand dries up. The current structure, compression below the channel midpoint, and value area low, fits this profile.
However, capitulation does not necessarily mark the end of the trend. While it can lead to short-term bounces, the broader structure must still improve before a sustained recovery can take place.
What to expect in the coming price action
Dogecoin remains technically vulnerable as long as price continues to trade below the descending channel midpoint and value area low. If weakness persists, the probability favors a continuation lower toward $0.09 channel support. Bulls would need to reclaim the channel midpoint with strong volume and acceptance to invalidate the bearish scenario.
Until that happens, rallies are likely to face selling pressure, and downside risk remains the dominant theme in DOGE’s short-term outlook. #FedWatch #Mag7Earnings #Write2Earn
Global cryptocurrency markets witnessed a significant correction on Tuesday, as the flagship digital asset, Bitcoin ( $BTC ), decisively fell below the psychologically important $88,000 level. According to real-time data from Bitcoin World market monitoring, BTC is currently trading at $87,983.3 on the Binance USDT perpetual futures market. This move represents a notable shift in short-term sentiment and prompts a deeper examination of underlying market forces.
Bitcoin Price Drop: Analyzing the Immediate Market Data
The breach of the $88,000 support level marks a clear technical development for traders. Consequently, market analysts are scrutinizing order book depth and trading volume across major exchanges. Data from CoinMarketCap and CoinGecko corroborates the biggest exchange figure, showing a synchronized drop across global liquidity pools. Furthermore, the 24-hour trading volume for Bitcoin has surged by approximately 35%, indicating heightened activity. This volume spike typically accompanies periods of increased volatility and decisive price movement.
Historically, round-number thresholds like $90,000 and $88,000 often act as magnet points for liquidity. Therefore, their breach can trigger automated sell orders and liquidations in leveraged derivative markets. A review of liquidation data from Coinglass reveals that over $450 million in long positions were liquidated across exchanges in the past 24 hours. This deleveraging event likely contributed to the downward momentum, creating a feedback loop that pressured the price further.
Contextualizing the Cryptocurrency Market Correction
This price action does not occur in a vacuum. Instead, it fits within a broader narrative of macroeconomic sensitivity that has characterized digital assets in recent years. For instance, traditional finance markets have shown weakness, with major equity indices also facing headwinds. Moreover, the U.S. Dollar Index (DXY) has strengthened marginally, which often creates inverse pressure on dollar-denominated assets like Bitcoin. Analysts from firms like Glassnode and CryptoQuant note that on-chain metrics, such as exchange net flows and miner behavior, provided early warning signs of potential selling pressure.
The current market cycle, entering 2025, follows the established four-year pattern linked to Bitcoin’s halving events. The most recent halving in 2024 reduced the block reward for miners, a event historically followed by a period of consolidation before potential upward trends. However, short-term volatility remains a constant feature. This recent drop below $88,000 may represent a healthy correction within a longer-term bullish structure, a common phenomenon noted in previous cycles after significant rallies.
Expert Perspectives on Market Structure and Sentiment Leading cryptocurrency researchers emphasize the importance of zooming out. “Intra-day or even weekly volatility is noise in the grand scheme of Bitcoin’s adoption curve,” states a report from Arcane Research. The report highlights that long-term holder supply remains near all-time highs, suggesting conviction among core investors. Meanwhile, technical analysts point to key support levels now being tested, including the 50-day moving average, which currently sits around $85,500. A hold above this level could be interpreted as a sign of underlying strength.
Regulatory developments also form a critical part of the context. The evolving landscape for Bitcoin Exchange-Traded Funds (ETFs) and institutional custody solutions continues to shape market access and liquidity. Flows into U.S.-based spot Bitcoin ETFs, which have been a major narrative, will be closely watched in the coming days to gauge institutional response to this price dip. Sustained inflows could provide a stabilizing foundation.
Potential Impacts and Forward-Looking Scenarios The immediate impact of this price movement is multifaceted. For retail investors, it serves as a stark reminder of asset volatility. For miners, whose revenue is directly tied to Bitcoin’s price, profitability margins may compress, potentially affecting network hash rate. However, the fundamental network security remains exceptionally high. The broader altcoin market often correlates with Bitcoin’s movements, and early data shows a market-wide pullback, with the total cryptocurrency market capitalization declining by roughly 5%.
Looking ahead, several scenarios are plausible. A swift recovery above $90,000 would invalidate the bearish breakout and reinforce the previous range. Alternatively, a continued descent to test lower supports near $82,000 could indicate a deeper corrective phase. Market participants will monitor several key indicators:
Exchange Reserves: A decline suggests coins are moving to cold storage (bullish).
Funding Rates: Negative rates after a drop can signal excessive bearishness and precede a squeeze.
Macro Data: Upcoming inflation and interest rate decisions from central banks.
Conclusion
The Bitcoin price drop below $88,000 is a significant market event that demands attention but not alarm. It underscores the inherent volatility of the digital asset class while operating within well-established historical and technical frameworks. This movement provides a real-time case study in market mechanics, involving leverage, liquidity, and macroeconomic interplay. For informed participants, such periods offer critical data on market health and investor behavior. The long-term trajectory for Bitcoin will ultimately be determined by its fundamental adoption metrics, network security, and role in the evolving global financial system, factors that remain distinct from any single day’s price action. #USIranMarketImpact #BTC100kNext? #Write2Earn
Bitcoin ( $BTC ) Struggles as Gold ( $XAUT ) Hits Record Levels
Bitcoin's price has markedly declined against gold's surge as of January 24, 2026, reflecting broader market volatility amid global economic uncertainties.
The contrasting performance stresses Bitcoin's speculative nature, with investors shifting towards gold as a stable refuge, influencing strategies in cryptocurrency markets.
The cryptocurrency market faces challenges as Bitcoin declines against the backdrop of gold's record surge.
Gold's performance contrasts with Bitcoin, which struggles to maintain pace amid economic uncertainties. Gold's stability is attributed to geopolitical factors, such as tariffs, and has broadened its appeal among investors seeking a hedge.
Gold's ascent has affected sentiment within the mining industry and impacted investor perception of Bitcoin as a safe asset. Market observers note distinct investor behaviors in choosing between Bitcoin's potential and gold's reliability.
The market's reaction highlights the growing preference for secure investments during geopolitical tensions. As gold's price increases, Bitcoin's potential remains uncertain, emphasizing its speculative characteristics compared to gold's comprehensive hedge status.
Despite fluctuations, Bitcoin continues to hold speculative interest but lacks consistent safe-haven status. This comparison intensifies as gold advances further, challenging perceived notions of Bitcoin's reliability as a protective asset class.
The ongoing trend reflects potential shifts in investment strategies where stability prevails. Analyzing past data, Bitcoin's speculative allure remains juxtaposed against gold's consistent performance, compelling investors to reconsider diversification amidst evolving financial landscapes. #BTC100kNext? #WriteToEarnUpgrade #USIranMarketImpact
ROSE Price Jumps 15.6% as Weekly Falling Wedge Tightens Near Critical Resistance
Oasis ( $ROSE ) recorded a steep weekly movement with buyers propelling the prices upwards since the lows and the new market demanded interest. ROSE was trading at $0.01923 at the point of reporting, which is a 15.6% price increase in the last 24 hours. The shift came with the price action still tightening in a falling wedge formation on the weekly chart, which can be observed all throughout the overarching decline. Remarkably, the recent recovery was developed around the long-term support, which resulted in the formation of a quantifiable change in the short-term momentum. This trend puts ROSE at a technical sensitive position, where the structure and price positioning coincide.
ROSE Holds Above Key Weekly Support Zone
Price stability remains centered above the $0.0157 support level, which has contained downside pressure during recent weekly sessions. But now ROSE finds itself on the edge of short-term 24 hour opposition at $0.0195, which at this moment is restricting the force of follow-through.
The BTC-pair gain was also 16.3% in the market and ROSE is currently priced at $0.062142 BTC, which puts the recent action in perspective. Meanwhile, weekly candles continue respecting the descending trendlines that define the falling wedge. As a result, price compression persists, keeping volatility contained within narrowing boundaries.
Falling Wedge Structure Defines Current Market Setup
The weekly falling wedge remains intact, with price consistently printing lower highs and higher structural lows. However, recent candles show stronger upward extensions from the lower boundary of the pattern. This shift coincides with the latest price increase, indicating active participation near technical support. Importantly, wedge structures historically narrow before directional resolution. In this case, ROSE continues trading within the formation, maintaining technical symmetry across the weekly timeframe.
If price achieves a confirmed upside breakout above the wedge structure, projected technical targets range between 400% and 500% from current levels. These targets derive from the measured height of the formation.
However, until price clears the $0.0195 resistance, ROSE remains structurally constrained. The current setup therefore reflects a market balancing compression and expansion potential, defined entirely by weekly structure and observed price levels. #WEFDavos2026 #TrumpCancelsEUTariffThreat #Write2Earn
Bitcoin price at risk, Fed rate cut odds fall after strong US GDP data
Bitcoin’s price remained in a tight range today, January 22, as investors reacted to new developments on Greenland and to ongoing ETF outflows.
Bitcoin ( $BTC ) was trading at $89,400, a few points above this week’s low of $87,200. Still, there is a risk that the coin will continue to fall now that the odds of Federal Reserve interest rate cuts have fallen after the U.S. released strong economic data.
A report released by the Bureau of Economic Analysis showed that the economy did better than expected in the third quarter. The economy grew by 4.4%, higher than the previous estimate of 4.3%. It was also much better than the second quarter’s growth of 3.8%.
These numbers suggest the Federal Reserve may not cut interest rates again this year, as analysts expect fourth-quarter growth to exceed 5%. Data on Polymarket shows that odds of three cuts this year dropped by 11% to 27%.
Bitcoin and other risky assets often perform well when the Federal Reserve adopts a highly dovish stance. A good example of this is what happened during the COVID pandemic.
Bitcoin price could also be at risk as exchange-traded fund outflows jump. Data compiled by SoSoValue shows that these funds had over $708 million in outflows on Wednesday, up from the previous day’s $408 million. These funds have shed over $1.5 billion in the last three days
Bitcoin’s performance could be due to investors rotating to gold, whose price has jumped to a record high. In a report today, Goldman Sachs boosted its target to $5,400, citing the rising central bank and corporate demand.
Bitcoin Price Technical Analysis
The daily timeframe chart shows that BTC has retreated over the past few days, moving from its year-to-date high of $97,790 to the current $89,300.
It has moved below the lower boundary of the ascending triangle, confirming that bears have prevailed. Also, it remains below the 50-day moving average and the Strong, Pivot, Reverse of the Murrey Math Lines tool.
The Relative Strength Index has continued to fall, moving below the neutral point at 50 and pointing downwards.
Therefore, the most likely Bitcoin price forecast is bearish, with the next key support level to watch being at $80,485, its lowest level in November.
This view mirrors what Michael Novogratz, the CEO of Galaxy Digital. In an X post on Wednesday, he warned that Bitcoin will remain under pressure unless it moves above the key resistance levels at $100,000 and $103,000. #TrumpTariffsOnEurope #TrumpCancelsEUTariffThreat #WhoIsNextFedChair
Why is XRP price at risk of falling to December lows?
XRP price extended its losing streak to a sixth day on Wednesday as waning institutional appetite and a sector-wide sell-off pushed prices below the critical $2.00 support level.
According to data, $XRP price lost its key psychological support at $2 earlier this week, mirroring the general performance of the crypto market in general. The fifth-largest crypto asset is down 11.2% over the last seven days, a decline that extends to 20% when measured from its highest point this month.
XRP’s recent weakness largely stems from ongoing jitters in the crypto market amid growing U.S. and EU trade concerns revolving around a dispute over Greenland. It was further compounded by news that a widely anticipated critical U.S. crypto market structure bill, known as the CLARITY Act, has faced further delays in the Senate.
As a result of these headwinds, demand for the token has waned. Data from SoSoValue shows that the five U.S. XRP ETFs saw a combined $53.3 million in net outflows, ending their seven-day streak that drew in nearly $70 million into the investment products.
Investors appear to be shifting toward a risk-off stance while they wait for more definitive signals from both global trade negotiations and the legislative process in Washington. At press time, the Crypto Fear and Greed Index had entered extreme fear territory after dropping 8 points over the past day to 24.
Cryptocurrencies typically enter a very bearish phase of capitulation or heightened selling pressure when this metric shows such low levels.
XRP price analysis
On the daily chart, XRP price has fallen below a multi-month descending trendline that has been acting as a key level of support and resistance during recent price swings. It has also lost the horizontal support level at $2, which has historically served as a psychological anchor for investors and a major pivot point for market sentiment.
Looking at other technical indicators also seems to show that bears are currently at an advantage. The MACD lines have formed a bearish crossover and are eyeing a move below the zero line, while the Chaikin Money Flow index, which gauges the volume of institutional money entering or leaving the asset, is close to moving into a negative reading.
Hence, XRP is likely to test its next key support at the December low of $1.77 over the coming days.
However, the bearish technical outlook is complicated by robust growth in the network’s core use cases. Specifically, XRP is gaining significant ground in RWA tokenization and stablecoin infrastructure. Monthly data reveals a 27% surge in RWA-linked value, now exceeding $400 million, alongside an 11% increase in stablecoin market capitalization on the XRPL network.
Consequently, while the immediate path of least resistance appears lower, a sustained close back above the $2.00 pivot point could signal that the fundamental narrative is beginning to outweigh the technical pressure. #WhoIsNextFedChair #TrumpTariffsOnEurope #WriteToEarnUpgrade
Dogecoin price is trading in a defined descending channel after losing the point of control, with weak bounces increasing the probability of a deeper pullback toward lower channel support.
Dogecoin ( $DOGE ) price continues to trend lower, with price action remaining locked inside a clearly defined descending channel. This structure is characterized by consistently lower highs and lower lows, showing that sellers remain in control and bullish attempts are still being rejected at channel resistance.
Rather than recovering aggressively, Dogecoin’s corrective move has remained orderly, which often signals trend continuation rather than reversal.
Dogecoin price key technical points
DOGE is trading in a descending channel, confirming bearish trend structure
Loss of the point of control signals weakening acceptance and seller control
Key support sits near $0.11 (VAL confluence), but downside risk remains active
Descending channels are common during corrective phases and downtrends, and they often act as reliable frameworks for tracking trend direction. In DOGE’s case, both channel resistance and channel support are clearly defined, creating a technical roadmap for price movement.
The reason this structure matters is that it reflects steady, controlled selling pressure. In bullish reversals, price typically breaks above channel resistance with impulsive momentum and strong closes. Instead, DOGE continues to respect the channel boundaries, signaling that the bearish trend remains intact.
Each rally attempt has failed to break structure, reinforcing the lower-high pattern. Until price closes above the descending channel resistance and holds that level with acceptance, sellers remain in control of the broader direction.
$0.11 support is the next high-time-fame demand zone
The next major support region sits around $0.11, aligning with the value area low (VAL) and representing a high-time-frame demand zone. This area has historically acted as a region where buyers attempt to defend price and trigger reactive bounces.
DOGE has already shown a reaction from this area, but the bounce has been relatively weak. Weak reactions at support often indicate that buyers are absorbing some selling pressure, but not enough to flip momentum or reclaim key resistance levels.
If the price continues to fail to recover above the POC and remains trapped within the descending channel, $0.11 becomes a critical decision point. A strong defense could produce a temporary bounce, but continued weakness suggests the market may still test the lower boundary of the channel.
Lower channel support may be tested
The weakness of the current bounce increases the probability that DOGE may revisit and test the lower descending channel support. This is typical behavior in sustained bearish trends: price bounces from support, fails to reclaim resistance, and rotates lower again to continue the downtrend.
If DOGE returns to the lower channel boundary, traders should monitor whether price prints any stronger bullish reaction signals, such as impulsive recoveries or increased volume. If those signals do not appear, the downtrend can continue grinding lower.
This is why the $0.11 region is critical. It’s not just a support level; it is the zone that determines whether DOGE stabilizes within its range or breaks deeper into bearish continuation.
Market structure still favors downside continuation From a market structure perspective, Dogecoin remains bearish. The core structure is still:
Lower highs (rallies capped)
Lower lows (trend continuation)
POC lost (value shifting down)
Descending channel respected (bearish control)
Until that structure changes, downside continuation remains the higher-probability scenario. Any upside move that does not break the channel and reclaim key levels should be treated as a corrective bounce rather than a confirmed reversal.
A true reversal would require DOGE to reclaim the POC, break above channel resistance, and establish a higher low that supports a new bullish trend.
What to expect in the coming price action Dogecoin is currently trading in a descending channel, with the bearish market structure intact, and the loss of the Point of Control confirms that the market is accepting lower prices.
While $0.11 remains a key high-time-frame support zone, the weak reaction from support suggests that sellers still control momentum and the lower channel boundary may be tested again.
If DOGE breaks below $0.11 and fails to reclaim it quickly, downside continuation becomes more likely as the market seeks deeper liquidity. If support holds and buyers show stronger momentum, DOGE may remain range-bound within the channel, but the broader trend remains bearish until resistance breaks. #MarketRebound #BTC100kNext? #WriteToEarnUpgrade
HBAR price prints double bottom at $0.10, is a reversal forming?
$HBAR price is bouncing from $0.10 high-time-frame support, after a sharp drop, forming a potential double bottom that could signal a reversal if key resistance levels are reclaimed.
HBAR price is entering a technically important phase after price action rotated back into $0.10 high-time-frame support and printed a strong bounce. This move comes after the market gave back much of its prior rally, triggered by a breakdown below the value area low, which shifted short-term momentum bearish.
However, the pullback into support has now produced a structure resembling a double bottom, a common reversal pattern that can signal the end of a downtrend if confirmed. While the pattern is still developing and confirmation is not complete, the response at $0.10 suggests demand is present, and the market may be building a base for a rotation back toward higher levels.
HBAR price key technical points
HBAR bounced strongly from $0.10 high-time-frame support
Price action is forming a potential double bottom reversal pattern
Reclaiming the value area low is required to confirm bullish continuation
HBAR’s recent weakness was driven by the loss of the value area low, which typically marks the lower boundary of accepted value in the market. When price breaks below this region and fails to reclaim it quickly, it often signals a shift toward lower value and increased selling pressure.
In this case, HBAR’s breakdown led to a corrective rotation that erased much of the prior upside move. Structurally, this type of drop can look bearish, but it becomes more meaningful when it tests a major high-time-frame level that has historically acted as demand.
That is what happened at $0.10. The market reached a key support zone and reacted strongly, which is often the first condition required for a reversal structure to form.
Double bottom formation and reversal potential
From a technical analysis perspective, a double bottom is considered a reversal pattern that often appears after a prolonged downtrend. It reflects a scenario where sellers fail to push price to new lows on the second test, while buyers begin stepping in more aggressively at the same support zone.
HBAR’s current structure is beginning to resemble this pattern because price has revisited the $0.10 area and bounced again, suggesting demand may be absorbing sell pressure. This is important because when double bottoms form at high-time-frame support, they can often lead to larger trend shifts once resistance breaks.
However, a double bottom is not confirmed simply by bouncing. Confirmation comes when price breaks above the neckline resistance and holds those levels with acceptance. That is the next step HBAR must complete for a reversal to solidify.
Value area low is the next resistance to reclaim
The next major level HBAR needs to reclaim is the value area low. This zone is important because it marks the threshold at which the market shifts from lower value back toward balance and strength.
If HBAR can break above the value area low and hold it on a closing basis, it would signal that buyers are regaining control and that the double bottom structure is transitioning from potential to confirmed.
This reclaim must be supported by bullish volume inflows. Breakouts without volume are vulnerable to failure and often lead to another rejection back toward support. A volume-backed reclaim would strengthen the reversal narrative and increase the probability of continuation toward higher resistance levels.
What to expect in the coming price action
HBAR is currently positioned at a critical support level where reversal conditions are starting to form. As long as price continues to hold $0.10 support, the probability remains elevated for the double bottom structure to develop further and rotate price back toward resistance.
The key confirmation level is the value area low. A successful reclaim with bullish volume would validate the reversal setup and increase the likelihood of a sustained rally. If HBAR fails to reclaim resistance, the market may remain range-bound and vulnerable to additional downside tests. #MarketRebound #WriteToEarnUpgrade #BTC100kNext?
DASH Breaks Multi-Month Downtrend as Technical Momentum Expands
$DASH exits a prolonged descending channel, signaling a shift from bearish control to sustained upside momentum.
Monthly compression places DASH at a critical macro resistance formed over nearly eight years.
Volume, value, and structure metrics point toward continuation rather than short-term exhaustion.
DASH price analysis indicates a decisive change in market structure as the asset posts strong gains.
Technical data across multiple timeframes reflects renewed demand, constructive consolidation, and improving trend strength following a prolonged bearish phase.
Short-Term Breakout Signals Momentum Expansion
DASH price analysis on the four-hour timeframe shows a clear reversal from a multi-month descending channel. Price previously formed consistent lower highs and lower lows, confirming sustained selling pressure and capped recoveries. That structure shifted in mid-January when DASH broke above channel resistance with strong bullish candles. The breakout featured limited retracements, indicating committed demand rather than temporary short covering.
The price advanced from the mid-$30 range to the low-$90s in a short period. The move followed extended compression, often associated with momentum ignition after prolonged balance.
Consolidation and Volume Support Trend Continuation
Following the sharp advance, DASH entered a sideways consolidation near recent highs. This behavior suggests absorption of supply rather than distribution, particularly after a rapid vertical move.
Former resistance between $60 and $70 has transitioned into structural support. Price holding above this zone reflects acceptance of a higher valuation and reinforces the developing bullish structure.
Volume footprint data shows buy-side imbalance around the $88–92 area. Rising Value Area High and Low levels indicate that fair value continues migrating upward alongside price.
Long-Term Structure Reaches a Critical Inflection
On the monthly chart, DASH price analysis presents a broader structural setup years in development. Since the 2017 peak, the price has remained under a descending trendline originating from the 2018 high.
Recent price action shows renewed pressure against this long-term resistance following years of base formation between roughly $30 and $60. Such prolonged sideways action often reflects accumulation.
A confirmed monthly close above the trendline would mark a macro shift. Overhead liquidity zones remain, yet acceptance beyond resistance could accelerate trend progression as legacy selling diminishes. #MarketRebound #BTC100kNext? #WriteToEarnUpgrade
NEAR Protocol Nears Breakout as Multi-Year Wedge Tightens
$NEAR Protocol is approaching a technically significant moment after spending several years compressing inside a descending wedge structure.
According to my analysis, the pattern has been forming since NEAR’s 2021 all-time high and is now reaching its decisive phase.
Multi-Year Structure Reaches Critical Support
Chart highlights a long-term descending wedge, with price currently trading around $1.78. This level aligns with two key technical supports visible on the chart: the 0.786 Fibonacci retracement and a rising bullish trendline. The confluence suggests that selling pressure has been gradually absorbed while price volatility continues to compress.
The structure implies a classic accumulation phase transitioning toward potential expansion, provided price breaks convincingly above wedge resistance.
Breakout Level and Upside Scenarios
The analysis identifies $5 as the key breakout threshold. A confirmed move above this level would signal a structural shift out of the multi-year downtrend. In that scenario, projected upside targets shown on the chart extend first toward the prior all-time high near $21, with a full extension scenario reaching $48+ if momentum accelerates.
These targets are derived directly from the wedge expansion and Fibonacci projections displayed in the visual analysis.
Invalidation and Risk Framework
The setup includes a clearly defined risk level. A weekly close below $1.40 would invalidate the bullish thesis, breaking the underlying trendline support and negating the wedge structure. Until that level is lost, the broader bias remains constructive, the setup is “bullish on breakout.”
Short-Term Price Context
NEAR/USDT chart shows price stabilizing near $1.78, with recent volatility spikes followed by sharp pullbacks and rebounds. Trading volume remains active around this range, reinforcing its importance as a near-term equilibrium zone while the larger pattern continues to tighten.
Market Phase: Accumulation to Expansion
Based solely on the charts and commentary, NEAR appears to be in the late stages of accumulation. The narrowing price range, long-term support alignment, and defined breakout structure suggest the market is waiting for confirmation before committing to directional expansion.
As emphasized, confirmation remains key, with risk management centered around the $1.40 weekly level and upside dependent on a clean break above $5. #MarketRebound #WriteToEarnUpgrade #CPIWatch