Bitcoin Sentiment Turns Extremely Bearish as BTC Tests $60K
The crypto market has entered a phase of extreme fear after Bitcoin (BTC) plunged to the $60,000 level. Although BTC$BTC showed a modest rebound on Friday, February 6, 2026, market sentiment remains overwhelmingly bearish, with traders expecting further downside in the near term. According to CoinMarketCap, the Fear & Greed Index has collapsed to 5 out of 100, marking its lowest reading in over three years. This sharp decline in sentiment has been accompanied by aggressive market liquidations. Over the past 24 hours alone, more than 580,000 traders were liquidated, resulting in losses exceeding $2.5 billion, the majority coming from long positions. Traders Brace for Further Capitulation Data from Santiment indicates that social media sentiment is heavily skewed toward expectations of another sell-off. Most market participants are discussing lower price targets, signaling a lack of confidence in the current rebound. Adding to the bearish outlook, the Kalshi prediction market is pricing in nearly a 90% probability that Bitcoin$BTC could fall below $60,000 again. Santiment also notes that mentions of “lower” and “below” are significantly outpacing “higher” and “above” across crypto-related platforms. Santiment warns that the recent price bounce may be nothing more than a dead-cat bounce. Historically, when the broader crypto crowd remains bearish during a rebound, price action tends to stay volatile. If sentiment suddenly turns optimistic too quickly, it could even trigger another wave of capitulation. Is Bitcoin Approaching a Market Bottom? Liquidity inflows into the crypto market have remained weak over recent months, especially as capital has flowed aggressively into precious metals such as gold and silver. This shift has intensified selling pressure, overwhelming existing buyers across global markets.
From a macro perspective, Bitcoin appears to be trading within a broader bear market structure, similar to conditions seen after the 2021 bull cycle. Supporting this view, CryptoQuant’s Market Cycle Signals suggest that BTC may be approaching an accumulation zone near $54,600, a level where long-term buyers historically begin to step in. Regulatory uncertainty in the United States has also slowed institutional adoption, further weighing on market confidence and delaying large-scale capital inflows. The Bigger Picture for Bitcoin Unlike gold and silver, which have recently experienced parabolic rallies, the crypto market has struggled to gain momentum. On-chain data from Santiment reveals that Bitcoin whales have been reducing exposure, while smaller wallet holders continue to accumulate gradually. This divergence has prevented BTC$BTC from sustaining bullish momentum over the past few months. However, it also suggests a potential shift in market structure, where supply is slowly moving into stronger hands. Despite current bearish conditions, Bitcoin’s long-term fundamentals remain intact. The market has built significant structural support over the past few years, which could eventually fuel a V-shaped recovery. Additionally, a future rotation of capital from precious metals into Bitcoin—supported by a more favorable regulatory environment—could reignite bullish momentum. #BitcoinGoogleSearchesSurge #BitcoinDunyamiz #BTC走势分析
Why Solana (SOL) Is One of the Best Cryptocurrencies for Fast & Low-Cost Payments
Solana (SOL)$SOL is rapidly becoming one of the most popular blockchain networks in the crypto world, especially for fast digital payments and real-world usage. With its high speed, low transaction fees, and strong ecosystem, Solana is gaining massive attention from users, developers, and investors alike. What Makes Solana Special? Solana is designed to solve the biggest problems of traditional blockchains: slow speed and high fees. Here’s why Solana stands out: ⚡ Ultra-Fast Transactions – Solana can process up to 65,000 transactions per second 💸 Very Low Fees – Average transaction cost is less than $0.01 🔒 Secure & Scalable Blockchain 🌍 Strong Global Community & Adoption These features make Solana an excellent choice for crypto payments, DeFi, NFTs, and Web3 applications. Solana & Binance Pay – A Powerful Combination Binance Pay allows users to send and receive crypto instantly with zero fees, and Solana fits perfectly into this system. Using SOL $SOL with Binance Pay means: Instant global payments No middlemen Extremely low transaction costs Ideal for merchants and freelancers Easy crypto adoption for daily use As more businesses start accepting crypto, Solana becomes a strong option for real-world payments. Solana Ecosystem Is Growing Fast Solana is not just a coin; it’s a complete ecosystem. Thousands of projects are already built on Solana, including: DeFi platforms NFT marketplaces Gaming projects Payment solutions This continuous growth increases the long-term value and utility of SOL. Is Solana a Good Choice for the Future? While crypto markets always involve risk, Solana’s technology, speed, and adoption make it one of the most promising blockchain networks today. Its use in fast payments and platforms like Binance Pay shows real utility beyond trading. Final Thoughts Solana (SOL)$SOL is more than just a cryptocurrency — it’s a fast, affordable, and scalable payment solution for the future. With platforms like Binance Pay, using SOL for daily transactions is becoming easier than ever. If you’re looking for a blockchain that combines speed, low cost, and real-world usage, Solana is definitely worth watching.
The rebound on Friday came pretty much as expected. Ethereum $ETH moved up from around 1800 to nearly 2100, and Solana managed to hold above 80 for now. However, the probability of another drop is still relatively high. At the moment, many whales seem to be waiting for rebounds to liquidate their positions, and some have already exited completely. There’s also a view that Friday’s rebound was driven by whales exiting the market, though this remains subjective. Starting with ETH $ETH price previously dipped to around 1700. Thankfully, it held at 1700 instead of breaking into the 1600–1500 range. A move into those levels could easily trigger large-scale liquidations, which would not be healthy for short-term price action and could push the market into a longer bearish consolidation. For now, the strategy remains to look for short opportunities after an oversold rebound. Shorting in the 2050–2030 zone could target the 1850 area, offering a buffer of more than 100 points. From a broader perspective, the entire first quarter appears to be following a neutral-to-bearish structure, with prices oscillating lower and continuing the downtrend that started back in October–November last year. Because of this, it’s unlikely that the decline will end quickly. I previously compared this market to constipation—slow and uncomfortable at first, but once it clears, the move can be explosive. Now we’ll see whether the market plays out according to that analogy. As for I’m still taking a wait-and-see approach. Those who haven’t entered yet may consider short setups around the 83–81 range. Aggressive targets are near 65, while more conservative targets sit around 69. Right now, both long and short structures are quite messy, so it’s likely we’ll see liquidity sweeps on both sides before any real trend reversal. We’re probably in the late stage of the bear market, which makes this a good time to start tracking high-quality blue-chip projects for long-term positioning. Once the bull market starts, returns could be much larger than expected. Finally, after the sharp drop from February 10 to early March, Ethereum could eventually rebound toward the 2500–2800 range. This would mainly be driven by the build-up of short positions at lower levels, requiring a breakout move similar to a springboard or “match-three” structure. If we don’t see that sharp decline first, there’s no need to rush into bottom-fishing or early spot accumulation. Overall, the market outlook for the first half of 2026 remains something worth looking forward to.$ETH