CoinsProbe

Key Takeaways
Ondo Finance has launched Ondo Perps, the first capital-efficient platform offering on-chain perpetual futures for U.S. stocks, ETFs, and commodities.The platform enables 24/7 trading with up to 20x leverage, using tokenized securities as collateral and supporting cross-collateralization.Available to non-U.S. users only, Ondo Perps strengthens Ondo Finance’s position as a leader in real-world asset (RWA) tokenization and on-chain derivatives.
Ondo Finance, a leading innovator in real-world asset (RWA) tokenization, has officially launched Ondo Perps, positioning it as the first capital-efficient platform for perpetual futures on leading U.S. stocks, ETFs, and commodities.
The unveiling took place during the Ondo Summit on February 3, 2026, representing a major advancement in merging traditional equity derivatives with on-chain finance.
As outlined in Ondo Finance’s official blog post “Introducing Ondo Perps: The First Capital-Efficient Platform for Equity Perpetual Futures,” the platform targets non-U.S. users worldwide, offering 24/7 trading of perpetual futures on prominent U.S. equities and ETFs with leverage up to 20x from the outset. This directly tackles persistent issues in the equity perps space—such as limited liquidity and capital inefficiency—that have limited widespread use, even as the crypto perpetuals market reaches $86 trillion in notional volume and traditional derivatives exceed quadrillions in scale.
Source: ondo finance
Core Features and Innovations
Ondo Perps harnesses Ondo’s battle-tested institutional infrastructure to provide top-tier execution, substantial liquidity, and superior capital efficiency. Standout features include:
Tokenized Securities as Collateral: Traders can use tokenized U.S. stocks, ETFs, and other securities directly as margin, enabling far more efficient capital deployment than traditional crypto-only models.Cross-Collateralization: Margin positions across multiple assets, reducing fragmentation and optimizing portfolio usage.Up to 20x Leverage: Supported on major U.S. names right from launch, backed by deep liquidity to ensure tight spreads and minimal slippage.24/7 Continuous Trading: True always-on access, independent of conventional stock exchange hours.Support for Corporate Actions: Built-in handling of dividends, stock splits, and other equity events to more faithfully replicate real-world behavior.
The platform runs on a “supercharged tech stack” derived from Ondo’s established systems, aiming to open the “next frontier in capital markets” by blending centralized-exchange-grade liquidity with blockchain’s transparency and efficiency.
Initial Launch Assets & Access
At launch, Ondo Perps will support perpetual futures on a strong lineup of high-demand assets, including: AAPL, AMD, AMZN, COIN, CRCL, GOOGL, HOOD, INTC, META, MSFT, MSTR, NFLX, NVDA, ORCL, PLTR, QQQ, TSLA, XAU, and XAG. Many more stocks, funds, and commodities perps are planned for future additions, expanding the platform’s coverage over time.
Source: ondo finance
The PERP feature will launch soon, and users can Join the waitlist today to secure priority access at ondoperps.xyz. Due to regulatory considerations, the platform is available exclusively to users outside the United States.
Strategic Context and Broader Ecosystem
This rollout builds on Ondo Finance’s momentum in tokenized assets, where the protocol has become one of the largest providers of both tokenized Treasuries and U.S. stocks, with total value locked exceeding $2.5 billion. Ondo Perps complements other summit announcements, such as Ondo Global Listing for day-one IPO tokenization and a significant MetaMask partnership that delivers over 200 tokenized U.S. stocks, ETFs, and commodities directly into the self-custodial wallet for eligible non-U.S. users.
Bottom Line
As tokenized RWAs continue to surge past multi-billion-dollar milestones, Ondo Perps positions the protocol as a frontrunner in expanding on-chain derivatives beyond crypto-native assets into mainstream equities and commodities. With waitlist access now live, the platform is set to roll out in the coming period, further solidifying Ondo Finance’s role in reshaping global capital markets
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The broader altcoin market has come under heavy selling pressure over the past few days, with sentiment deteriorating rapidly across major assets. Ethereum (ETH) has plunged more than 28%, setting the tone for the wider market. Unsurprisingly, Aave ($AAVE) hasn’t been spared, shedding nearly 23% over the past 30 days.
While short-term sentiment remains fragile, a closer look at AAVE’s weekly chart suggests price has now reached a technically important area — one that could serve as a foundation for a potential bounce if buyers continue to step in.
Source: Coinmarketcap
Double Bottom Pattern in Play?
On the weekly timeframe, AAVE appears to be forming a potential double bottom pattern, a classic bullish reversal structure that often develops near the end of prolonged downtrends.
The first bottom formed when AAVE dropped into the $113–$129 support zone, followed by a strong recovery attempt that pushed price toward the neckline resistance between $378 and $400. That rally ultimately faced rejection, but the latest sell-off has brought AAVE right back into the same support region.
What stands out this time is the buyer response. Price has once again stabilized within the $113–$129 zone, suggesting that bulls are actively defending this area and are not yet ready to give up control. The repeated defense of identical lows strengthens the case for this zone acting as a major accumulation region.
Aave ($AAVE) Weekly Chart/Coinsprobe (Source: Tradingview)
As long as AAVE continues to hold above this level, the broader double bottom structure remains technically valid.
What’s Next for AAVE?
For the bullish setup to gain traction, $AAVE must hold the $113–$129 support zone and reclaim the 100-week moving average, currently sitting near $137.52. A sustained move above this level would signal improving momentum and mark an important shift in market structure.
If buyers manage to push price higher from here, the next major upside objective would be the neckline resistance at $378–$400. While that target may appear distant, a successful double bottom confirmation often leads to sharp recovery moves — especially if broader market conditions stabilize.
On the downside, the $113–$129 region remains the line in the sand. A decisive breakdown below this zone would invalidate the bullish setup and open the door to deeper downside risk.
Final Outlook
Despite recent weakness, AAVE’s technical structure remains constructive. The repeated defense of key support, the developing double bottom formation, and price hovering near the 100-week moving average suggest the token may be approaching a pivotal inflection point.
If accumulation continues and broader crypto sentiment improves, AAVE could be setting the stage for a meaningful recovery phase. Until then, all eyes remain on how price behaves around this critical support zone.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Takeaways
ASTER rebounds strongly, gaining nearly 10% as the broader crypto market recovers, with price holding above key support near $0.55.Harmonic structure remains bullish in the short term, with the Bearish Shark pattern allowing upside continuation toward resistance.A breakout above $0.687 (50-day MA) could open the path toward the $0.828 target, while failure to hold support may invalidate the setup.
The broader cryptocurrency market is showing signs of relief today after a sharp sell-off earlier this week. Bitcoin (BTC) briefly dipped to the $74,000 region before staging a rebound above $78,000, gaining nearly 3% on the day. Ethereum (ETH) has also followed suit, climbing around 4.4% in the past 24 hours.
Amid this recovery, several altcoins have turned green, including the decentralized exchange (DEX) token Aster (ASTER). The token has surged over 8%, trimming its monthly losses to around 21%. More importantly, ASTER’s price action is now flashing a familiar technical setup that hints at further upside potential.
Source: Coinmarketcap
Technical Patterns Hint at Upside Momentum
From a technical perspective, ASTER’s daily chart reveals the formation of a Bearish Shark harmonic pattern, a widely tracked structure in harmonic trading. While the pattern is traditionally associated with a possible reversal once fully completed, it often allows for short-term bullish continuation as price advances toward the C-point.
As seen on the chart, the O-X-A-B structure has already been completed, with price finding support near the B-point around the $0.55 region. ASTER is currently trading near $0.584, showing early signs of stabilization after the recent sell-off.
Aster (ASTER) Daily Chart/Coinsprobe (Source: Tradingview
The immediate hurdle for bulls remains the 50-day moving average, positioned around $0.687. This level has acted as a dynamic resistance in recent weeks, capping upside attempts and triggering pullbacks.
What’s Next for ASTER?
A decisive daily close above the 50-day MA ($0.687) would be a key technical signal, strengthening the short-term recovery narrative. Such a breakout could attract fresh momentum buyers and set the stage for a broader upside move.
If bullish momentum sustains, the harmonic projection points toward the C-point near $0.828, which aligns with the 1.13 Fibonacci extension of the Shark pattern. This level represents a potential upside target in the coming sessions, provided overall market sentiment remains supportive.
Despite the improving technical picture, downside risks have not disappeared. A failure to hold the B-point support zone could invalidate the bullish continuation scenario. In that case, $ASTER may enter a period of extended consolidation or face renewed downside pressure before any meaningful recovery attempt.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Pi Network has announced significant progress in its Mainnet migration and Know Your Customer (KYC) processes, sparking renewed optimism among its millions of global users, known as Pioneers
Mainnet Migration Unblocks Millions of Users
In a recent blog post, the Pi Core Team revealed a technical update that has unblocked nearly 2.5 million Pioneers who were previously unable to migrate to Mainnet due to additional security and compliance checks. These users—primarily in certain regions—can now proceed with migration as long as they remain active in mining and have completed the required Mainnet Checklist. For eligible accounts, transferable balances will be migrated automatically.
As a result, the total number of Pioneers successfully migrated to Mainnet has reached approximately 16 million, reinforcing Pi Network’s standing as one of the largest identity-verified blockchain communities.
Source: @PiCoreTeam (X)
Expanded KYC Access and New Palm Print Authentication
Pi Network also announced that more than 700,000 previously ineligible Pioneers will soon be able to submit KYC applications in the coming weeks. Affected users are encouraged to open the Pi app regularly to check their eligibility and complete the process promptly to prepare their accounts for future ecosystem participation.
To further enhance security, the network is introducing beta testing for palm print authentication. This privacy-focused feature does not require facial recognition and can be used for liveness checks, account recovery, fraud prevention, password resets, two-factor authentication, and enhanced KYC flows—especially for users who require multiple verification steps.
Validator Rewards and Next Steps for Pioneers
The update also confirmed that KYC Validator reward distribution remains on schedule, with deployment expected by the end of March 2026. The Pi Core Team noted the complexity of processing hundreds of millions of validation actions accumulated since 2021, emphasizing its commitment to fairness, accuracy, and strong security standards.
Pi Network encouraged Pioneers to stay active, complete any pending KYC or Mainnet Checklist requirements, and consider becoming KYC Validators to help speed up verification progress in their regions. These efforts aim to resolve long-standing bottlenecks while maintaining strict safeguards against bad actors.
For full details, Pioneers are advised to read the official announcement on the Pi Network blog and check the Pi app for personalized updates. This latest release marks an important step toward broader Mainnet participation and continued ecosystem maturity.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The broader altcoin market has come under heavy selling pressure over the past few days. Ethereum (ETH) has dropped more than 18%, dragging sentiment across major assets lower. Solana (SOL) hasn’t been spared, shedding nearly 15% on the week, though it is now showing early signs of stabilization with modest recovery attempts.
While short-term sentiment remains fragile, a closer look at SOL’s weekly chart suggests price has reached a technically important area — one that could act as the foundation for a potential bounce if buyers continue to step in.
Source: Coinmarketcap
Descending Triangle Takes Shape
From a structural standpoint, Solana appears to be trading within a large descending triangle pattern on the weekly timeframe. This formation is characterized by lower highs pressing against a relatively flat support zone, reflecting sustained selling pressure over time.
Although descending triangles are often viewed as bearish, the context here is important. When price repeatedly tests a strong base without breaking down, it can also signal accumulation rather than distribution, especially during broader market corrections.
During the latest leg lower, $SOL dipped into the lower boundary of the triangle, finding demand near the $95 level. Buyers reacted decisively at this zone, pushing price back toward the $105 area. This response suggests that bulls are actively defending the structure and are not yet ready to surrender control.
Solana (SOL) Weekly Chart/Coinsprobe (Source: Tradingview)
The repeated defense of the $95 region reinforces its role as a critical accumulation zone. As long as SOL holds above this level, the broader technical structure remains intact.
What’s Next for SOL?
If SOL continues to defend the $95 support zone, the descending triangle structure remains valid. Sustained holding above this base keeps the door open for a rebound attempt, particularly if price begins printing higher daily or weekly closes.
A key level to watch on any recovery is the 50-week moving average, which currently sits above price and acts as dynamic resistance. A successful reclaim of this moving average could allow SOL to gradually work its way toward the upper boundary of the triangle near $222.74 — a move that would represent a meaningful recovery from current levels.
On the downside, a decisive weekly close below $95 would weaken the bullish case. Such a breakdown could invalidate the structure and expose SOL to either a deeper pullback or an extended consolidation phase.
Bottoming MACD Hints at Momentum Shift
Adding to the constructive setup, the weekly MACD is showing early signs of bottoming. While momentum remains negative, the histogram has begun to flatten, and selling pressure appears to be losing strength. Historically, similar MACD behavior near major support zones has preceded trend stabilization or relief rallies.
Although this is not yet a confirmed bullish crossover, it does suggest that downside momentum may be exhausting, aligning with the strong buyer response seen near the $95 support.
Final Outlook
For now, Solana is sitting at a make-or-break level. As long as the $95 zone holds and momentum continues to stabilize, the conditions for a bounce remain on the table. The coming weeks will be crucial in determining whether SOL can turn this defensive stand into a broader recovery — or whether sellers regain control and force a deeper reset.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Aster DEX, a leading perpetual decentralized exchange (perp DEX), has officially rolled out a major update to its competitive fee structure. Effective 12:00 PM UTC on February 2, 2026, maker fees have been reduced to 0% across all markets, with no volume requirements or tiered status necessary.
The announcement was made via the platform’s official X account (@Aster_DEX), stating: “We’re moving to 0% maker fees across all markets, effective 12PM UTC, Feb 2. No volume requirements. If you provide liquidity, you don’t pay for it.” The update marks a shift from the previous model, where 0% fees were reserved for high-volume VIP traders and designated market makers.
Source: @Aster_DEX (}X)
Eliminating the “Volume Barrier”
Traditionally, perp DEXs use a maker-taker model to ensure deep order books. While makers provide liquidity by placing limit orders, they usually require high trading volumes to qualify for zero-fee tiers. By removing these thresholds, Aster is effectively democratizing liquidity provision.
Retail traders can now place “passive” limit orders with the same cost efficiency as institutional market makers. This move is designed to tighten bid-ask spreads and challenge the dominance of competitors like Hyperliquid, which has seen explosive growth in early 2026.
Platform Background and Evolution
$ASTER DEX emerged in late 2024 following the merger of Astherus and APX Finance. It has since become a powerhouse on the BNB Chain, while also supporting Ethereum, Solana, and Arbitrum.
Key Features: Aster offers up to 1001x leverage (rather than 200x) on select high-liquidity pairs and supports unique yield-bearing collateral like asBNB and the high-yield stablecoin USDF.The “CZ” Connection: While often associated with Binance founder Changpeng Zhao (CZ), he clarified in late 2025 that he serves primarily as an advisor. The platform is backed by YZi Labs (the independent successor to the original Binance Labs) and is staffed by several former Binance engineers.Asset Classes: Beyond crypto, Aster is a leader in 24/7 Stock Perpetuals and tokenized Real World Assets (RWA), allowing users to trade NVIDIA (NVDA), Tesla (TSLA), and even tokenized Gold/Silver with crypto collateral.
Strategic Context
This fee removal follows a series of aggressive growth tactics by the Aster team. In December 2025, the platform temporarily eliminated both maker and taker fees for stock perpetuals to capture the TradFi-to-DeFi migration. In January 2026, they launched an automatic $ASTER buyback program, utilizing 20–40% of daily platform fees to support token value.
While the 0% maker fee removes a direct revenue stream, the platform expects to offset this through increased taker volume and the massive influx of liquidity that zero-fee environments typically attract. Community sentiment remains bullish, as the $A$ASTER ken has recently tested the $1.00 psychological resistance level amid these ecosystem expansions.
Traders can access the new fee structure through both Simple Mode (for one-click trading) and Pro Mode (for advanced order types).
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Binance has confirmed the completion of the first phase of its planned Bitcoin conversion for the Secure Asset Fund for Users (SAFU), marking a significant milestone in its broader strategy to strengthen long-term user protection.
In an update shared on X, the exchange revealed that it has successfully converted $100 million worth of stablecoins into Bitcoin, acquiring approximately 1,315 BTC as part of the initiative.
Source: @binance (X)
What Is SAFU and Why the Shift to Bitcoin Matters
Launched in 2018, SAFU was created to safeguard users in the event of security breaches or unforeseen incidents. The fund currently holds close to $1 billion in assets.
On January 30, 2026, Binance announced plans to fully convert the SAFU fund into Bitcoin over a 30-day period, citing Bitcoin’s role as a long-term hedge, its resilience, and its growing status as a core reserve asset within the crypto ecosystem.
Source: Binance
Unlike its 2023 approach—where SAFU assets were diversified across multiple cryptocurrencies—this move signals a stronger, more focused conviction in Bitcoin.
On-Chain Data Confirms $104M+ BTC Transfer
Blockchain records verify Binance’s first completed conversion. According to on-chain data:
Transaction Amount: 1,350 BTCValue: ~$104.8 millionBroadcast Time: February 2, 2026Block: 934,704Recipient: SAFU Fund walletStatus: Fully confirmed on the Bitcoin network
Source: blockchain
Binance also publicly shared the SAFU Bitcoin address and transaction hash, reinforcing transparency around the conversion process.
Binance Commits to Maintaining $1B SAFU Threshold
Binance stated it will actively monitor the fund’s valuation and replenish it if market volatility causes SAFU’s value to dip below $800 million, ensuring it is restored to the $1 billion level.
The exchange noted that additional Bitcoin purchases will continue in the coming weeks as it works toward completing the full conversion within the announced timeframe.
Restoring Confidence After Market Turbulence
The SAFU conversion follows a challenging period for the broader crypto market, including a major liquidation event in October 2025. Binance had previously issued an open letter reaffirming its commitment to user protection and long-term industry development.
By shifting SAFU entirely into Bitcoin, Binance aims to reduce exposure to fiat-linked risks while signaling renewed confidence in Bitcoin’s fundamentals.
Bottom Line
Binance’s first $100 million Bitcoin conversion for SAFU is now fully verified on-chain, underscoring both transparency and execution. As the remaining conversions unfold, the crypto community will be watching closely—not just for market impact, but for what this move represents in terms of institutional confidence and long-term strategy heading into 2026.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

HYPE, the native token of Hyperliquid — one of the fastest-growing decentralized perpetual trading platforms — has continued to show relative strength despite a broader crypto market downturn. While major assets like Ethereum (ETH) have suffered a sharp 24% decline year-to-date, HYPE has managed to stay bullish, posting over 21% gains during the same period.
This divergence has naturally caught traders’ attention. But beyond short-term price action, a deeper look into on-chain growth metrics and technical structure suggests that HYPE’s momentum may be driven by strong underlying fundamentals rather than pure speculation.
Source: Coinmarketcap
Hyperliquid’s HIP-3 Markets Hit Record Activity
According to the latest data from Flowscan, Hyperliquid’s HIP-3 protocol — launched last fall to enable permissionless on-chain markets for assets like gold, silver, and other commodities — has entered a phase of explosive growth.
Over the past week, daily trading volume across HIP-3 markets surged to approximately $4.83 billion, marking a new all-time high. At the same time, open interest (OI) climbed to a record $1.05 billion, fueled largely by rising demand for on-chain commodities exposure.
Source: Flowscan
What makes this growth particularly notable is its speed. Just a month ago, HIP-3 open interest hovered near $260 million. Since then, OI has consistently printed new weekly highs, signaling a rapid influx of capital and increasing trader participation within the Hyperliquid ecosystem.
Source: Flowscan
This surge in volume and open interest reflects growing confidence in Hyperliquid’s infrastructure and execution — a dynamic that historically acts as a strong tailwind for the platform’s native token.
$HYPE Technical Structure Signals Room for Upside
From a technical standpoint, HYPE’s daily chart is forming a Bearish Shark harmonic pattern. While the name sounds ominous, this structure often appears during corrective phases and can still allow for short-term bullish continuation before a larger trend decision unfolds.
After completing the O–X–A–B leg, $HYPE successfully reclaimed its 50-day moving average, a key signal that short-term momentum has shifted back in favor of buyers. Since then, price has been consolidating near the $30 region, suggesting accumulation rather than distribution.
Hyperliquid (HYPE) Daily Chart/Coinsprobe (Source: Tradingview)
If current momentum holds, HYPE could continue its advance toward the C-point of the Shark pattern near $38.72. This level aligns closely with the 1.13 Fibonacci extension, a common target zone during harmonic pattern development and a logical area for the next technical reaction.
Market Outlook
With HIP-3 markets printing record volumes and open interest expanding at a rapid pace, Hyperliquid’s ecosystem growth appears firmly intact. If on-chain activity continues to scale alongside favorable technical conditions, HYPE may remain one of the stronger relative performers in the current market environment.
For now, traders will be watching whether HYPE can maintain support above the 50-day moving average and build enough momentum to challenge the $38–$40 resistance zone in the coming sessions.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Takeaways
Bitcoin has dropped into a major 10-month support zone between $74,500–$78,600The weekly chart shows a developing head and shoulders structureBTC has corrected nearly 40% from its all-time high near $121,900Reclaiming the 100-week MA around $87,263 could trigger a move toward $109,568A breakdown below support may expose BTC to deeper downside toward the $49,000 region
Bitcoin has entered a critical phase in early February 2026, sliding into a zone that hasn’t been meaningfully tested in nearly ten months. After weeks of sustained selling pressure, BTC has dropped into the $74,500–$78,600 support range, an area that previously acted as a strong base during April-2025.
As of February 2, 2026, Bitcoin is trading near $76,614, down 2.24% over the past 24 hours, with an intraday low touching $74,551. On a broader scale, BTC is now down 12.45% year-to-date, erasing a large portion of the late-2025 rally and pushing market sentiment back into caution mode.
Source: Coinmarketcap
Yet, while price action looks heavy on the surface, the weekly chart structure suggests this move may be more than just panic-driven selling.
A Head and Shoulders Structure Near Completion
On the weekly timeframe, Bitcoin is carving out a developing head and shoulders pattern, a classic structure that often marks a major transition in trend. The “head” of the pattern formed near Bitcoin’s all-time high region around $121,900, from where BTC has corrected roughly 40% at its worst point.
The recent breakdown below the 100-week moving average, currently near $87,263, accelerated downside momentum and dragged price directly into the neckline support zone between $74,500 and $78,600.
Bitcoin (BTC) Weekly Chart/Coinsprobe (Source: Tradingview)
This neckline is not just a random horizontal level. Historically, it has acted as a high-demand area, absorbing selling pressure and triggering strong rebounds. The latest weekly candle shows a clear downside wick into this zone, hinting that selling momentum may be weakening as buyers cautiously step in.
Liquidity Clusters Hint at a Potential Upside Magnet
Adding weight to the rebound narrative, Coinglass data highlights over $2.60 billion in liquidity stacked above the $87,000 region. This cluster creates a potential upside magnet if price manages to stabilize and reclaim key resistance levels.
Source: Coinglass
From a market mechanics perspective, such liquidity zones often attract price once downside pressure cools, especially after a prolonged corrective move like the one Bitcoin has just experienced.
What the Chart Suggests Going Forward
If Bitcoin manages to defend the neckline support and reclaims the 100-week MA near $87,263, momentum could shift meaningfully in favor of bulls. In that scenario, a recovery toward the $109,568 region becomes technically plausible — representing a potential 40%+ upside move from current levels.
Such a rally would likely form the right shoulder of the larger head and shoulders structure, leaving BTC at a critical decision point between trend continuation or renewed consolidation.
On the flip side, failure to hold the $74,500–$78,600 zone would significantly weaken the structure. A clean breakdown below this area could open the door to a deeper correction toward the $49,000 region, where the next major liquidity pocket and historical support reside.
The Market’s Defining Moment
For now, Bitcoin is sitting at a make-or-break level. The neckline zone remains the battlefield where bulls and bears are actively fighting for control. How price reacts here will likely set the tone for the next major trend — whether that’s a relief rally driven by liquidity hunts or a continuation of the broader corrective phase.
One thing is clear: this is not a level the market can ignore.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The cryptocurrency market is enduring a brutal downturn as of February 2, 2026, with Bitcoin (BTC) hovering around $75,193.77 (down 4.49% over the past 24 hours) and Ethereum (ETH) plunging to $2,202.40 (a steeper 9.78% drop).
Source: Coinmarketcap
The broader crypto space has felt intense selling pressure, evidenced by more than $706 million in total liquidations in the last day—dominated by $556 million in long positions wiped out compared to $150 million in shorts.
Source: Coinglass
Key Reasons Behind Today’s Crypto Market Decline
A combination of macro, geopolitical, and technical factors has converged to fuel the drop:
Geopolitical Tensions, Including U.S.-Iran Escalations
Heightened U.S.-Iran conflicts—including threats of military action, naval deployments in the Middle East, and Iran’s vows of strong retaliation—have sparked a classic risk-off environment across global assets. Far from serving as a safe haven, Bitcoin has been treated as a high-beta liquidity play, leading to sharp sell-offs alongside gold, silver, and equity futures. Thin weekend and early-week volumes have magnified these moves, with the uncertainty contributing to broader deleveraging.Cascading Forced Liquidations and Liquidity Grab
Bitcoin has swept a major long-liquidity zone after price dipped to the $74,000 level, triggering widespread liquidations of leveraged long positions. Data indicates that long traders were largely flushed out, easing downside pressure and potentially resetting market structure for the next directional move.Hawkish Federal Reserve Outlook Tied to Kevin Warsh Nomination
President Donald Trump’s nomination of Kevin Warsh—a former Fed governor known for his hawkish stance on monetary policy—to replace Jerome Powell as Fed Chair has rattled risk markets. Warsh’s focus on monetary discipline, criticism of excessive quantitative easing, and preference for reduced liquidity have raised fears of tighter conditions ahead. This has boosted the U.S. dollar and pressured risk assets like crypto, which perform best in low-rate, high-liquidity regimes. Expectations for fewer or delayed rate cuts have further eroded confidence.Broader Macro and Sentiment PressuresPersistent ETF outflows and waning institutional demand have stripped away key buying support.The market’s inability to capitalize on earlier bullish catalysts has fostered a “crisis of confidence,” with low liquidity making any dip more violent.Cross-asset correlations remain high, as crypto moves in tandem with equities and commodities during risk-off phases.
Bitcoin has now shed substantial gains from its 2025 peak near $126,000 in October, down over 30-40% in recent months and testing levels unseen since mid-2025. Ethereum’s steeper losses reflect its higher sensitivity to altcoin weakness and broader market beta.
While current oversold readings and potential exhaustion in selling pressure could pave the way for a short-term relief bounce—particularly if macro headlines cool or dip-buyers defend key zones—analysts warn the larger downtrend persists until clearer catalysts emerge.
Traders should closely watch the critical $74,000 support level for Bitcoin. A sustained hold here could spark a near-term rebound and stabilize sentiment across the crypto market.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Bitcoin ($BTC), the largest cryptocurrency by market capitalization, failed to hold its early January recovery momentum as sellers took control toward the month’s close. After printing a monthly high near $97,000, BTC reversed sharply and ended January 31, 2026, with a deep wick toward $75,722, marking a 6.20% decline in the last 24 hours and roughly a 10% drop year-to-date, while also setting a fresh yearly low.
The sudden downside move rattled market sentiment and triggered heavy forced selling across the crypto market. In the last 24 hours alone, total crypto liquidations surged to nearly $2.58 billion, highlighting how overcrowded bullish positioning had become.
Source: Coinmarketcap
Bitcoin Spot ETF slumps in January
According to the latest data from SoSoValue, U.S. Bitcoin spot ETFs recorded a net outflow of approximately $1.61 billion in January 2026, marking one of the weakest monthly performances since approval.
Despite the outflows, cumulative net inflows still stand strong near $55.01 billion, with total net assets around $106.96 billion. However, the January data clearly shows that institutional demand cooled significantly during the month, adding pressure to BTC’s price action and accelerating the correction.
Source: Sosovalue
Historically, sharp ETF outflow months often coincide with local fear phases, rather than long-term trend reversals — especially when broader market structure remains intact.
Key bullish fractal to watch out
Looking at the latest fractal comparison chart shared by crypto analyst Benjamin, Bitcoin’s current structure appears to mirror previous consolidation phases seen in major risk assets like Google (GOOG) and NVIDIA (NVDA) before their continuation rallies.
On the weekly timeframe, BTC is still respecting its broader uptrend while pulling back toward a critical horizontal demand zone near $74,494. In past cycles, similar corrective moves — following strong impulsive rallies — have acted as reset phases, allowing the market to absorb supply before pushing higher.
Bitcoin (BTC) Fractal Chart/Credits: @intocryptoverse (X)
This fractal suggests that the ongoing pullback could be a healthy consolidation, rather than the start of a prolonged bearish trend, as long as BTC continues to defend this key support region.
What February could hold for Bitcoin
If Bitcoin manages to hold above the $74,494 support, buyers may gradually step back in as selling pressure exhausts. A stabilization above this level could open the door for a renewed upside attempt toward the $85,000–$90,000 region in February.
However, a decisive breakdown below $74,494 would weaken the bullish fractal narrative and could expose $BTC to deeper downside, potentially extending the correction.
For now, Bitcoin enters February at a crucial inflection point — shaken by ETF outflows and mass liquidations, yet still holding a structure that bulls will be watching very closely.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Aster DEX, the next-generation decentralized exchange focused on perpetuals and spot trading, has officially activated its Strategic Reserve Buyback Fund for the native $ASTER token. The move arrives amid ongoing market volatility, with $ASTER currently trading around $0.56, down roughly 7.5% over the past 24 hours and nearly 77% below its all-time high.
Despite the recent pullback, Aster maintains a strong presence in the DeFi derivatives space, with a market capitalization of approximately $1.43 billion.
Source: Coinmarketcap
How the Buyback Mechanism Works
Under the newly launched framework, daily platform fees generated across Aster’s multi-chain infrastructure—including BNB Chain, Ethereum, Solana, and Arbitrum—are now being funneled directly into systematic $ASTER buybacks. In addition, any remaining capital held within the Strategic Reserve Buyback Fund is deployed alongside daily fee revenue.
Source: @Aster_DEX (X)
The buyback strategy is designed to be dynamic, adjusting automatically based on trading activity and broader market conditions. Rather than relying on one-off interventions, the mechanism creates ongoing demand for $ASTER directly from protocol-generated revenue.
All buybacks are executed transparently on-chain via the designated reserve wallet:
0x5E4969C41ca9F9831468B98328A370b7AbD5a397
This allows the community to independently verify transactions and track the program’s activity in real time.
$ASTER Buyback Activity Highlights
On-chain data shows the initiative operating at meaningful scale. So far, the program has deployed $136.4 million to acquire approximately 147.4 million $ASTER, at an average buyback price of $0.925.
Source: asterlify
In the most recent 24-hour period:
2.23 million $ASTER tokens were repurchasedAround $1.28 million in platform fees were directed into the fund
On February 1 alone, the protocol spent roughly $1.19 million to acquire 2.13 million $ASTER, signaling steady accumulation even as market conditions remain challenging.
Source: asterlify
Bottom Line
By activating its Strategic Reserve Buyback Fund, Aster DEX is taking a revenue-backed, transparent approach to supporting the $ASTER token during a period of market weakness. With daily trading fees now consistently routed into targeted repurchases, the protocol is aligning platform usage directly with token demand.
While price performance will ultimately depend on broader market dynamics, the buyback mechanism represents a structural step toward reinforcing $ASTER’s long-term value proposition—using real protocol revenue rather than speculation to drive accumulation.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, has failed to maintain its early-January recovery momentum. After topping out near $3,400, ETH saw aggressive selling pressure into the month-end. On January 31, 2026, price briefly dipped to a low of $2,247, marking a sharp 9.33% drop in just 24 hours and printing a fresh yearly low.
Source: Coinmarketcap
This sudden downside move caught many traders off-guard and triggered one of the largest liquidation events of the year so far.
Liquidations soar past $1.14 billion
According to data from Coinglass, Ethereum-related liquidations surged to approximately $1.14 billion within a short time window. The breakdown shows a heavy imbalance toward bullish traders:
Long liquidations: ~$1.08 billionShort liquidations: ~$66 million
Ethereum (ETH) Liquidations/Source: Coinglass
This clearly indicates that the majority of traders were positioned for upside continuation, expecting ETH’s January bounce to hold. Instead, the sharp breakdown flushed out over-leveraged longs, accelerating the sell-off and driving price swiftly into lower demand zones.
Historically, such one-sided liquidation events often mark panic phases, where weak hands are forced out of positions — sometimes setting the stage for a trend reset.
Power of 3 setup taking shape on the higher timeframe
Looking at the 3-day chart shared by crypto analyst Crypto-ROD, Ethereum appears to be developing a potential Power of 3 (PO3) structure — a pattern that plays out in three distinct phases: Accumulation → Manipulation → Expansion.
In ETH’s case, price previously ranged inside an accumulation zone near $2,620, where the market spent weeks building liquidity. The recent breakdown below this level marked the start of the manipulation phase, trapping late buyers and triggering cascading liquidations as price slid toward the $2,247 region.
Ethereum (ETH) PO3 Chart/Credits: @Crypto_R0D (X)
This kind of sharp downside deviation often acts as a shakeout, clearing excessive leverage before the market chooses its true direction.
What’s next for ETH in February?
If the PO3 structure continues to play out, Ethereum could see one more downside sweep toward the next support area around $2,128. A reaction from this zone would be critical, as it may attract dip buyers looking for a higher-timeframe reversal.
Should bulls regain control and manage to reclaim the former accumulation resistance near $2,620, that would significantly strengthen the case for a bullish expansion phase. In such a scenario, $ETH could begin a broader recovery move with upside projections extending toward the $4,500+ region over the coming months.
On the flip side, a failure to hold above the $2,128 support would invalidate the Power of 3 setup altogether, opening the door for deeper downside and prolonged consolidation.
For now, Ethereum enters February at a crucial inflection point — shaken by massive liquidations, but potentially laying the groundwork for its next major move.

Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, is once again under heavy selling pressure. As of January 31, 2026, ETH has slipped near the $2,400 mark, printing an 11.10% decline in the last 24 hours and extending its year-to-date losses to 18.73%, while also marking a fresh yearly low.
The sharp move lower has shifted short-term sentiment firmly in favor of the bears, with both price structure and derivatives data flashing warning signs.
Source: Coinmarketcap
Liquidations Soar as Bulls Get Trapped
The downside move has been amplified by aggressive liquidations across the derivatives market. Recent data shows over $553 million worth of ETH positions liquidated, with a striking $523 million coming from long positions, compared to just $30 million in shorts over the past 24 hours.
Ethereum (ETH) Liquidations/Source: Coinglass
This imbalance highlights a classic scenario of over-leveraged bulls getting flushed out, where forced sell orders accelerate downside momentum. When liquidations skew this heavily toward longs, price often struggles to find immediate relief, as dip buyers hesitate and momentum traders press their advantage.
Bears Take Control on the Daily Chart
From a technical perspective, Ethereum’s daily chart paints a concerning picture. $ETH has decisively lost the $2,637 horizontal support, a level that previously acted as a floor during consolidation. Once this zone gave way, selling pressure intensified, dragging price swiftly toward the $2,400 region.
What makes this move particularly notable is its resemblance to a previous downside fractal visible on the chart. Back in August 2024, ETH broke a similar support structure, triggering a sharp continuation move that ultimately drove price into a deeper corrective phase before buyers finally stepped in.
Ethereum (ETH) Daily Chart/Coinsprobe (Source: Tradingview)
The current structure appears to be echoing that same behavior—support break, rapid downside expansion, and limited bounce attempts so far.
More Pain Ahead?
If this historical fractal continues to play out, Ethereum could be heading toward its next major support near $2,128, a zone that previously attracted strong demand. This level stands out as a potential area where longer-term buyers may begin to show interest, especially if broader market conditions stabilize.
On a flip side, a strong reclaim of the $2,637 resistance zone, followed by acceptance above it, would invalidate the current fractal setup and suggest that today’s breakdown was a false move. Such a recovery would likely force late shorts to cover and could stabilize price action.
For now, however, Ethereum remains vulnerable. With heavy long liquidations, broken support, and a familiar bearish pattern resurfacing on the chart, the path of least resistance appears tilted to the downside—at least in the short term.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The centralized exchange (CEX) landscape went through another defining year in 2025, shaped by volatility, security challenges, and shifting trader preferences. According to CoinGecko’s latest report on centralized exchange market share, Binance once again emerged as the clear industry leader—while MEXC stole the spotlight as the fastest-growing platform.
The report, published on January 29, 2026, analyzes spot trading volume across the top centralized exchanges from January to December 2025, offering a detailed look at how market power evolved during a turbulent year.
A Growing Market Despite Volatility
Collectively, the top 10 centralized exchanges processed $18.7 trillion in spot trading volume throughout 2025. That figure represents a 7.6% year-over-year increase, showing that overall trading activity expanded despite bearish phases and a noticeable slowdown toward the end of the year.
While the broader crypto market faced headwinds—particularly in the final quarter—leading platforms managed to defend their positions or, in some cases, accelerate growth through aggressive strategies.
CEX Trading Volume Data 2025/Source: Coingecko
Binance Maintains Its Lead
Binance remained firmly on top in 2025, capturing 39.2% of the total market share among the top 10 exchanges. Over the full year, the exchange processed $7.3 trillion in spot trading volume, maintaining its dominance despite a modest 0.5% year-over-year decline.
The final month of the year highlighted some of the challenges facing even the largest platforms. In December 2025, Binance recorded $361.8 billion in spot volume, down 40.6% month-on-month from November’s $609.0 billion. Its market share for the month stood at 38.3%.
Analysts attribute the late-year slowdown to lingering bearish sentiment and the fallout from a major liquidation event on October 10, 2025, which triggered widespread deleveraging and reduced trading appetite across the market.
Bybit’s Comeback Year
Bybit secured second place both annually and in December, despite a difficult start to the year. For 2025, the exchange posted $1.5 trillion in spot volume, translating to an 8.1% market share, even as its annual volume declined 13.7% year-over-year.
A major security breach in February 2025 caused Bybit’s market share to drop sharply—from 10% in February to 6% in March. However, CoinGecko notes that the exchange mounted a “slow but steady comeback,” gradually restoring user confidence through the remainder of the year.
In December, Bybit processed $90.0 billion in volume, holding a 9.5% monthly market share, despite a 16.7% month-on-month decline from November.
MEXC Leads the Growth Race
While Binance dominated in size, MEXC emerged as 2025’s fastest-growing centralized exchange. The platform ended the year with $1.5 trillion in spot trading volume, matching Bybit in absolute terms and securing a 7.8% annual market share.
What truly set MEXC apart was its growth rate. The exchange recorded a 90.9% year-over-year increase in volume, up from $766.7 billion in 2024—the strongest growth among all top 10 platforms.
In December alone, MEXC ranked as the third-largest exchange, posting $86.0 billion in volume and a 9.1% market share, even after a 24.9% month-on-month pullback. CoinGecko points to MEXC’s aggressive zero-fee spot trading policy as a key driver behind its surge, attracting both retail traders and high-frequency participants.
Broader Trends Across the Top 10
The report highlights that six of the top 10 exchanges increased trading volume in 2025, with four posting double-digit growth. Beyond MEXC, notable performers included:
Bitget, up 45.5% YoYGate, up 39.7% YoYHTX, up 35.6% YoY
These gains were driven by a mix of product expansion, user acquisition campaigns, and improved trading incentives.
The full 2025 annual market share rankings among the top 10 centralized exchanges are:
Binance – 39.2%Bybit – 8.1%MEXC – 7.8%Gate – 7.5%Crypto.com – 7.2%Bitget – 6.4%OKX – 6.3%Coinbase – 6.1%HTX – 6.0%Upbit – 5.5%
In December 2025, the combined dominance of the top 10 exchanges reached 43.1%, reflecting continued fragmentation across the broader CEX ecosystem even as leaders like Binance held firm.
Looking Ahead to 2026
CoinGecko’s findings underline how competitive the centralized exchange market has become. While Binance continues to set the pace, 2025 demonstrated that fee innovation, recovery from security incidents, and targeted growth strategies can meaningfully shift market share.
As the crypto industry moves into 2026, investors and traders will be watching closely to see whether fast-growing challengers like MEXC can sustain momentum—and whether macroeconomic and regulatory developments introduce new dynamics into an already evolving exchange landscape.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

SUI, the native token of Sui’s Layer-1 blockchain, has struggled to live up to its early hype in recent months, especially when compared to Solana’s (SOL) 2021 explosive performance. A broader market correction has only added pressure, dragging SUI nearly 50% lower over the past 90 days.
But zooming out and looking beneath the surface, the current price structure tells a more interesting story. On the charts, $SUI is starting to resemble a bottoming fractal previously seen in Solana—a setup that eventually led to a sharp and sustained upside move.
Source: Coinmarketcap
SUI Mirrors SOL’s Bottoming Path
A side-by-side comparison of SUI and SOL reveals striking similarities.
Back in early 2025, Solana topped near $295 before entering a sharp corrective phase. Price slipped below the 50-day moving average, signaling weakening momentum. The sell-off eventually stretched into a deep 67% drawdown, flushing out late longs and marking a clear sentiment reset.
That low proved pivotal.
Once SOL reclaimed its 50-day moving average, the trend structure flipped. What followed was a 163% rally, one of the most notable reversals of 2025.
SOL and SUI Fractal Chart/Coinsprobe (Source: Tradingview)
SUI now appears to be following a similar script.
After peaking around $3.70 in October 2025, SUI entered a steep correction, losing its 50-day moving average and sliding into a nearly identical 67% drawdown. Momentum faded, volatility compressed, and price action began to flatten—classic characteristics of a market searching for a base.
What’s Next for SUI?
From a technical perspective, SUI is now sitting near a critical inflection zone around $1.20–$1.22, an area that could act as a potential bottom if buyers continue to defend it.
The first major confirmation bulls will want to see is a reclaim of the 50-day moving average, currently hovering near $1.56. A sustained move above this level would signal that bearish momentum is fading and that buyers are regaining control.
If that reclaim occurs, SUI could transition into a broader recovery phase. In a scenario where the SOL fractal continues to play out, upside expansion toward the $3.00–$3.20 region would come back into focus over the medium term.
Key Risk Note
While fractal comparisons can offer valuable context, they are not guarantees. Each asset trades within its own liquidity environment, sentiment cycle, and macro backdrop. For SUI, confirmation still matters—especially through moving average reclaims and consistent follow-through buying.
Until then, the structure suggests risk is compressing, not expanding.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The commodity market just witnessed one of its most aggressive sell-offs in decades. In the last 24 hours alone, panic swept through precious metals following reports that President Trump has nominated Kevin Warsh — a former Federal Reserve governor known for his hawkish stance on inflation — as the next Fed chair.
Gold plunged more than 6%, slipping below $4,900 from its January 29 high of $5,610, sharply cutting its year-to-date gains to 13%.Silver saw even more damage, crashing 23% in a single day and falling below $86 from its recent high of $121.62.
Source: Coinmarketcap
While metals were bleeding, the crypto market told a different story.
Ethereum (ETH), which had been lagging earlier this year with 9.20% drip due to strength in commodities, is now showing early signs of relief when measured against gold — a shift that could hint at a broader rotation underway.
ETH/XAUT Chart Signals a Potential Shift in Momentum
On the weekly ETH/XAUT chart, price action continues to respect a large descending triangle structure that has been forming since 2021. While descending triangles are often associated with bearish continuation, they can flip bullish when macro conditions change — especially during sharp commodity dislocations like the one just witnessed.
This structure is defined by:
A descending resistance trendline, compressing price action over multiple years.A well-defined horizontal zone between $0.48 and $0.5676, which has repeatedly acted as a key reaction area.
During the latest gold crash, ETH/XAUT once again pulled back into this zone, tagging the lower region near $0.5223. Instead of breaking down, price respected this area, signaling that buyers are still defending it.
ETHXAUT/ Weekly Chart/Coinsprobe (Source: Tradingview)
This behavior suggests the move is more likely a rotation within the larger triangle, rather than a breakdown into a new bearish leg.
50-Week Moving Average Remains the Pivot
ETH/XAUT is currently trading below the 50-week moving average, which sits near $0.8454. Historically, this level has acted as a momentum switch between prolonged underperformance and aggressive upside expansion.
A sustained reclaim of the 50-week MA would indicate that:
Selling pressure relative to gold is easingEthereum is beginning to regain strength against hard assetsA broader trend transition may be underway
If this level flips into support, upside momentum could build quickly.
What’s Next for Ethereum (ETH)?
If bulls manage to:
Defend the $0.48–$0.5676 zone, andReclaim the 50-week moving average,
ETH/XAUT could rotate higher toward the upper descending trendline near $1.05.
A clean breakout above that level would confirm a long-term structural shift, potentially marking the start of a fresh Ethereum outperformance cycle against gold.
On the downside, a decisive weekly close below $0.48 would weaken the bullish thesis and suggest that more time — or deeper consolidation — may be required before a meaningful trend reversal can occur.
Bottom Line
Gold and silver just experienced a historic shock, and cracks are starting to show in the long-standing metals-dominance narrative. Ethereum, despite recent underperformance, is holding key relative support against gold — a subtle but important signal.
$ETH hasn’t broken out yet, but it also hasn’t broken down. If this zone continues to hold and momentum flips back above the moving averages, the current structure could mark the early stages of a long-term rotation away from gold and back into crypto.
Sometimes bottoms don’t arrive with fireworks — they arrive quietly, right when fear peaks elsewhere.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The global commodity market has been rocked by one of its sharpest sell-offs in decades, with panic-driven moves ripping through precious metals over the last 36 hours. The crash appears to be fueled by growing macro uncertainty after President Donald Trump reportedly nominated Kevin Warsh, a former Federal Reserve governor known for his hawkish stance on inflation, as the next Fed Chair.
The reaction was brutal.
More than $7 trillion in market value has been wiped out from precious metals in just a day and a half.
Silver plunged 22%, falling toward the $85 level and erasing roughly $1.96 trillion in value.Gold dropped nearly 6%, slipping below $4,900 and wiping out over $5 trillion.
Source: Coinmarketcap
While traditional safe havens collapsed, Bitcoin told a very different story.
Bitcoin Holds Firm as “Digital Gold” Narrative Strengthens
Amid the chaos in commodities, the cryptocurrency market showed relative resilience. Bitcoin (BTC) managed to stay in the green, trading near the $84,000 region, reinforcing its growing reputation as digital gold.
This divergence is becoming even more interesting when viewed through the BTC/GOLD ratio, which often highlights long-term capital rotation between traditional and digital stores of value.
BTC/GOLD Chart Signals a Potential Shift in Momentum
On the monthly BTC/GOLD chart, price action continues to respect a large ascending triangle structure, a pattern commonly associated with bullish continuation or long-term trend reversals.
This setup is defined by:
A rising trendline, marking a series of higher lows since 2017A strong horizontal resistance zone between $36.84 and $41.07, which has capped upside multiple times
During the recent gold crash, the BTC/GOLD pair once again pulled back to test its long-term ascending trendline near $15.14—a level that has consistently acted as a major demand zone over multiple cycles.
BTC/XAU Monthly Chart/Coinsprobe (Source: Tradingview)
Rather than breaking down, price respected this support, suggesting that the current move is a rotation within the triangle, not a structural breakdown.
50-Month Moving Average Remains the Key Pivot
At present, BTC/GOLD is trading below the 50-month moving average, located near $22.05. This level has historically acted as a momentum switch.
A monthly reclaim of the 50MA would be a strong signal that buyers are stepping back in and that Bitcoin is beginning to outperform gold once again.
If that happens, momentum could accelerate quickly.
What’s Next for Bitcoin (BTC)?
If bulls successfully:
Defend the ascending trendline near $15.14, andPush price back above the 50-month moving average,
then BTC/GOLD could make another run toward the $36.84–$41.07 resistance zone.
A clean breakout above this ceiling would confirm a long-term trend shift and potentially mark the start of a powerful Bitcoin outperformance cycle against gold.
On the flip side, a decisive monthly close below the rising support would weaken the bullish thesis and suggest that further consolidation—or deeper downside—may be needed before any sustainable rotation resumes.
Bottom Line
While gold and silver are experiencing historic drawdowns, $BTC is quietly holding its ground. The BTC/GOLD chart continues to respect a long-term bullish structure, suggesting this divergence may not be temporary.
If support near $15.14 holds and BTC/GOLD reclaims its 50-month moving average, Bitcoin could be entering a phase where it shines brightest precisely when traditional safe havens falter.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The broader cryptocurrency market has come under intense pressure over the last 24 hours, with Bitcoin (BTC) dropping by 6% to below $83,000, marking its lowest level of 2026 so far.
Source: Coinmarketcap
The sharp decline triggered around $780 million in liquidations, with an overwhelming $745 million coming from long positions, highlighting how aggressively leveraged the market had become.
BTC Liquidations/Source: Coinglass
This move did not happen in isolation. A broader sell-off in risk assets, weakness in US equities, aggressive leverage unwinding, and rising Bitcoin ETF outflows all combined to fuel the downside. Fear accelerated quickly—but the chart suggests this move may be more strategic than it appears at first glance.
Spot ETF Outflows Accelerate
Adding to the pressure, Bitcoin spot ETFs recorded $817 million in net outflows on January 29 (ET), according to SoSoValue data.
BlackRock’s IBIT saw the largest single-day outflow at $318 million, though it still holds a massive $62.48 billion in historical net inflows.Fidelity’s FBTC followed with $168 million in outflows, while its total historical net inflow stands at $11.26 billion.
BTC Spot ETF Outflow/Source: SoSoValue
Despite the short-term outflows, the total net asset value of Bitcoin spot ETFs remains high at $107.65 billion, signaling that long-term capital has not exited the market—only repositioned.
Wyckoff Structure Comes Into Focus
According to the latest chart analysis by B4CRYPTOTW, Bitcoin’s current price action closely aligns with a Wyckoff Accumulation schematic, particularly a Spring phase near the lower boundary of the broader trading range.
On the daily chart, BTC has spent weeks consolidating within a defined range. The recent breakdown below support does not show characteristics of a trend failure. Instead, it resembles a liquidity grab—a move designed to force weak hands out of the market:
Price dips below key supportStop losses are triggeredLong positions are liquidatedFear peaksSmart money absorbs supply quietly
Bitcoin (BTC) Chart/Daily Chart/Coinsprobe
This is how Wyckoff ranges typically resolve before expansion. The largest red candles often appear during Springs, not during true breakdowns.
Spring Zone in Play: Could $78K Be Touched?
At the same time, price action suggests Bitcoin is now moving deeper into the Spring zone, where one more downside sweep cannot be ruled out. If selling pressure continues in the short term, $BTC could briefly dip toward the lower demand area around $78,000, a level that sits just below the current range support and fits the profile of a classic Wyckoff stop-hunt.
Such a move would likely be fast, emotional, and driven by panic, designed to flush out the remaining late longs. Importantly, this would not signal structural weakness. In Wyckoff terms, a deeper Spring often represents the final shakeout, where supply is fully absorbed before a reversal takes shape.
If this Spring scenario plays out, Bitcoin may now be transitioning into a testing phase, where price holds above the lows before strength gradually re-emerges.What Could Come Next for $BTC?If this Spring scenario plays out, Bitcoin may now be transitioning into a testing phase, where price holds above the lows before strength gradually re-emerges.
What Could Come Next for $BTC?
As long as Bitcoin avoids sustained acceptance below the lower demand zone, this move is more likely to be remembered as a shakeout, not a breakdown. A successful defense of the Spring area could mark the foundation for the next expansion leg once volatility cools and liquidity resets.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The broader cryptocurrency market has come under heavy pressure over the last 24 hours, with Bitcoin (BTC) and Ethereum (ETH) sliding more than 6%, triggering a wave of forced liquidations. According to coinglass data, total liquidations surged to $1.68 billion, with $1.57 billion coming from long positions alone—a clear sign of panic-driven selling.
Unsurprisingly, altcoins were hit hard as well. Solana (SOL) dropped over 6%, triggering roughly $68.54 million in liquidations. However, while short-term sentiment remains shaky, SOL’s daily chart suggests price has reached a technically important zone, where conditions for a potential rebound may begin to take shape.
Source: Coinmarketcap
Right-Angled Descending Broadening Wedge in Focus
From a technical standpoint, SOL’s daily chart is carving out a right-angled descending broadening wedge—a structure that often develops during extended corrective phases and can precede bullish reversals if key support holds.
This pattern has been forming since SOL’s rejection from the neckline resistance near $146.90 in mid-November. Since that rejection, price has continued to post lower highs, while volatility has gradually expanded—an important characteristic of broadening formations.
Today’s intense sell pressure pushed $SOL back toward the lower boundary of the wedge near $112.09. Buyers stepped in around this level, and SOL is currently hovering slightly above it near $115.60, suggesting that demand may be emerging after the sharp liquidation-driven drop.
Solana (SOL) Daily Chart/Coinsprobe (Source: Tradingview)
Overhead Resistance Still Limits Upside
While the lower wedge support is holding for now, upside momentum remains capped. The 50-day moving average, currently sitting near $130.32, has flipped into firm overhead resistance. Historically, SOL has struggled to sustain rallies below this level, making it a key hurdle for any meaningful recovery.
Until price reclaims the 50-day MA, any bounce should be viewed as a relief rally within a broader consolidation, rather than confirmation of a trend reversal.
What’s Next for SOL?
As long as SOL continues to defend the $112.09 support zone, the right-angled descending broadening wedge remains technically valid. Sustained holding above this level keeps the door open for a rebound attempt—especially if price begins to form higher daily or weekly closes.
If bulls manage to reclaim the 50-day moving average, SOL could gradually work its way back toward the upper boundary of the wedge near $146.90, a move that would mark a significant recovery from current levels.
On the flip side, a decisive breakdown below $112.09 would invalidate the bullish wedge structure and likely expose SOL to another leg lower or a prolonged consolidation phase.
For now, SOL sits at a critical inflection point, where how price reacts around support may define the next major move.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.