10feb2026

#GM . After several days of strong volatility, the cryptocurrency market this morning is showing signs of "stemming the bleeding" and sideways accumulation, although a cautious sentiment still prevails.
1. OVERALL MARKET: The red color is easing, caution is on the rise

- Overview: The massive sell-off pressure from last week has cooled down. The market is entering a phase of consolidation to determine the next trend. The Fear & Greed Index is still at the "Extreme Fear" level (~14), indicating that the crowd's sentiment remains very weak.
- Market capitalization: The entire market is trying to hold onto important support levels after evaporating billions of USD in the recent correction.

2. KEY COINS:

- Bitcoin ($BTC ): Trading around the 68,000 - 69,000 USD range. After hitting a short-term bottom near 60,000 USD, BTC is making efforts to build a new price foundation. The nearest resistance level to conquer is 72,000 USD, while strong support is at 60,000 USD.

- Ethereum ($ETH ): Weaker movement than BTC, currently trading around the 2,000 USD threshold. ETH is under significant pressure and needs to maintain this psychological level to avoid a deeper correction scenario.

3. IMPORTANT NEWS:

- ETF Cash Flow: Spot Bitcoin ETFs recorded significant outflow in the past week, reflecting risk aversion from major financial institutions.
- Liquidation: A large number of Long positions have been liquidated, reducing leverage in the market, creating conditions for short-term stability.
#CryptoNews #Bitcoin #MarketUpdate #10Feb2026 $ZKP