#BTC : The "Invisible Wall" at $70k (Why We Flush to $59.8k)
The retail narrative is that Bitcoin is "consolidating" at $70k. The On-Chain data says Bitcoin is DISTRIBUTING. We just hit an "Invisible Sell Wall" driven by three massive structural failures. This is not a dip to buy; it is a Rational Deleveraging triggered by a $6.3B supply shock that the market cannot absorb.
1. THE ON-CHAIN REALITY (SUPPLY SHOCK) ⛏️ • Miner Capitulation: Miners transferred 90,000 BTC ($6.3B) to exchanges in the last 72 hours. • Historic Magnitude: This is the largest miner sell-off since 2024, signaling they are selling to survive as margins tighten. • The Impact: Spot demand cannot absorb $6.3B in selling pressure without a significant repricing event. The "Wall" is real.
2. THE MACRO & STRUCTURE 📉
Bearish Triggers: • Yield Spike: US 10-Year Treasury Yields spiked to 4.17%. When risk-free rates rise, capital flees crypto. • Capital Flight: While BTC is down -3%, high-beta alts (BNB, ZEC, SUI) are down -6%+, signaling a "Risk-Off" environment where liquidity exits to USD, not Alts. • Broken Support: We lost the 200-Week EMA at ~$68,000, a major secular bull/bear line.
The Conflict: Retail is waiting for "Alt Season" while Institutions are executing a "Flight to Safety." The divergence between the Miner Sell Wall and retail hope creates a trap at $66k.
3. THE TRADE SETUP 🎯
🔴 Scenario A: The Rational Deleveraging • Trigger: Rejection at $67,500 - $68,000 (Retest of broken 200W EMA support) • Entry: $67,500 zone (selling into the Miner Wall) • Target 1: $62,000 (October Support Cluster) • Target 2: $59,800 (The "Weak Low" Liquidity Sweep) • Stop: 4H close above $70,500 (Invalidates the Miner Capitulation thesis)
🟢 Scenario B: The Reclaim (Low Probability) • Trigger: Daily close back above $70,000 • Context: Requires Miners to stop selling and Coinbase Premium to flip positive • Target: $74,000 range high
MY VERDICT The "Miner Wall" is too heavy. The market needs to clear the leverage at $59,800 before the bull run can resume. I am positioning SHORT into any relief rally near $67.6k. Confidence: 75% Bearish
$ENA is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.
The Relative Strength Index (RSI) is showing a downward trend, approaching the lower boundary, and an upward bounce is anticipated.
There is a key support zone in green at 0.1070. The price has bounced from this level several times and is expected to bounce again.
The RSI is showing a trend towards consolidation above the 100-period moving average, which we are approaching, supporting the upward move.
#GOLD - Consolidation & compression to 5090. A show of strength
$XAU USD fell back to $5018 after the release of NFP data, but the market is actively buying up the decline and heading towards resistance at 5090. Buyers are waiting for new triggers — US unemployment data and geopolitics
The NFP report was strong, but the dollar performed poorly and was unable to sustain its growth. Most likely, the market quickly digested the strong NFP, focusing on the large downward revision of employment for 2025 (181K instead of 584K). The renewed tension between the US and Iran (no agreement after talks with Israel) is keeping gold buyers in the game. Traders are waiting for Friday's CPI as a possible driver. It will determine whether expectations of two Fed rate cuts this year will remain.
Resistance levels: 5090, 5110, 5144 Support levels: 4975, 4902
Technically, everything is moving towards breaking the resistance at 5090. Activation (breakthrough) of the trigger could provoke further growth. I do not rule out that before the growth, the market may test the support at 5050, 4975
$ADA USDT , after breaking through the global support zone of 0.275 and updating its lows to 0.22, entered a phase of correction and consolidation below key levels. Another short squeeze could trigger a decline.
Bitcoin is falling after a correction, which generally indicates a weak market and increases bearish pressure on the market. I recently said that Bitcoin would fall even lower, as global targets have not yet been achieved, so against this backdrop, altcoins may react accordingly. Any corrections and volume spikes can be seen as a hunt for liquidity and quickly sold off. $ADA has been strengthening since the session opened and is showing strength against a weak market (top gainers). There are no fundamental reasons for growth, and technically, the market is heading towards a zone of interest.
Resistance levels: 0.2688, 0.276, 0.284 Support levels: 0.243, 0.2200
From a medium-term perspective, the altcoin has not yet tested the global support level hidden behind 0.22 - 0.2167, formed in 2023. A retest and short squeeze of the resistance zone could trigger a decline towards the target
XRP Price Prediction: Goldman Sachs Discloses $153M Exposure As XRP Tests $1.35 Support
XRP falls below all major EMAs, trading near $1.37 after breaking multi-month trendline support.Goldman Sachs discloses $153M XRP exposure through spot ETFs, contributing to $1.01B total ETF assets.Spot outflows surge to $29.82M on February 11 as price tests the $1.35 psychological support zone. XRP price today trades near $1.3723, down nearly 2% in the past 24 hours after breaking below the descending trendline that has guided price action since July. The move comes as Goldman Sachs disclosed $153 million in XRP exposure through regulated ETFs, yet spot outflows and technical weakness continue to pressure the token. Goldman Sachs Reveals XRP Holdings Through ETFs According to its Q4 2025 13F filing, Goldman Sachs now holds approximately $153 million in XRP exposure through spot ETFs. The bank’s crypto portfolio includes $1.1 billion in Bitcoin, $1 billion in Ethereum, $153 million in XRP, and $108 million in Solana. The exposure comes through regulated investment vehicles rather than direct token custody. Goldman’s XRP holdings spread across multiple products including Bitwise XRP ETF, Franklin Templeton $XRP ETF, Grayscale XRP ETF, and 21Shares XRP ETF. The bank’s $153 million investment contributes significantly to the $1.01 billion in total XRP ETF assets. On the day of disclosure, XRP ETFs recorded $3.26 million in new inflows, with only Bitwise and Grayscale posting positive flows. Trading volume reached $15 million, indicating modest institutional activity despite the major disclosure. Spot Outflows Accelerate As Selling Pressure Mounts
Spot flows tell a different story. Coinglass data shows XRP recorded $29.82 million in net outflows on February 11, one of the largest single-session exits in recent weeks. When spot outflows reach this magnitude while ETF flows remain modest, it signals that broader market participants are reducing exposure faster than institutions are accumulating. All Major EMAs Turn Into Resistance
On the daily chart, $XRP has broken below every major moving average. The 20-day EMA sits at $1.5922, the 50-day at $1.7950, the 100-day at $1.9889, and the 200-day at $2.1787. All four EMAs are stacked downward, creating a clear resistance ceiling. The chart shows: Price breaking below the descending trendline from the July peakMultiple failed attempts to reclaim the 20-day EMASupport zone at $1.50 now being tested XRP lost the $1.50 support level that held through most of January. The break places the token at its lowest level since late 2024 and opens the door to a retest of the $1.35 psychological zone. RSI sits at 32.79, approaching oversold territory but not yet showing reversal signals. A daily close below $1.35 would confirm a clean breakdown and expose the next demand zone near $0.50, where price consolidated before the July rally. Without reclaiming the 20-day EMA at $1.5922, the structure remains decisively bearish. Descending Trendline Caps Recovery Attempts
The 30-minute chart reveals XRP testing support near $1.3702 after breaking below the descending trendline. Parabolic SAR dots sit above price at $1.3546, confirming bearish momentum. RSI holds at 44.45, neutral but declining as sellers defend each bounce attempt. The structure shows: Price trading below the descending resistance lineLower highs forming since February 9SAR flipping bearish after failed breakout attempts Buyers need to reclaim $1.40 and break above the descending trendline to shift momentum back toward neutral. Until that happens, every bounce remains a relief rally inside a bearish pattern. The chart shows no signs of capitulation, but also no signs of demand stepping in to defend current levels. Outlook: Will XRP Go Up? The next move depends on whether $XRP can hold the $1.35 support zone. Bullish case: A bounce from $1.35 with a close above $1.40 and the descending trendline would shift momentum and place $1.50 back in range. Reclaiming $1.5922 confirms trend exhaustion.Bearish case: A daily close below $1.35 exposes the $1.00 psychological level and eventually the $0.50 demand zone from mid-2024. Losing $1.35 marks a new multi-month low. #Xrp🔥🔥 #TrendingTopic #Write2Earn
$BTC (BTCUSD) is again on the downturn after almost reaching its 1W MA200 (orange trend-line) just last week. One would thought that long-term buyers would make their presence clear on this historically supportive level but so far their absence is more than emphatic. If this continues, the market eyes the next critical Support level, the 1W MA350 (red trend-line), which is where the previous 2022 Bear Cycle bottomed.
In fact, we identify a quite similar pattern on $BTC 's last three major correction events (2022 Bear Cycle and late 2019 - early 2020 on COVID flash crash). As you can see a Double Top rejection followed by a Higher Lows trend-line bearish break-out has been the common pattern on all (including the current correction). The previous two both broke below the 1W MA200 and their respective 1.618 Fibonacci extension levels, with the 2022 fractal bottoming just above the 1.786 Fib ext while the 2020 below it. In both cases, the 1W MA350 held.
As a result, if buyers continue to be absent and BTC is getting heavily sold after every short-term rally, we can expect the market to target $50000, which isn't just the next psychological level but also just above the current 1.786 Fib and will still be above the 1W MA350 (based on its current trajectory).
So do you think a $50k test is inevitable at this point? Feel free to let us know in the comments section below! #BTC #bitcoin #TrendingTopic
Top Bitcoin traders refuse to turn bullish despite BTC’s 14% rebound: Here’s why
Bitcoin’s double-digit rebound and brief trading above $72,000 may confirm $60,000 was the bottom, but data shows top traders are refusing to open longs. Key takeaways: The Bitcoin long-to-short indicator at Binance hit a 30-day low, signaling a sharp decline in bullish leverage demand.US-listed Bitcoin exchange-traded funds reversed a negative trend with $516 million in net inflows following a period of heavy liquidations. $BTC $67,507 has fluctuated within a tight 8% range over the last four days, consolidating near $69,000 after an abrupt slide to $60,130 on Friday. Traders are currently grappling with the primary catalysts for this correction, particularly as the S&P 500 holds near record highs and gold prices have climbed 20% over a two-month period. The uncertainty following the 52% retreat from Bitcoin’s $126,220 all-time high in October 2025 has likely prompted an ultra-skeptical stance among top traders, stoking concerns of further price declines.
Whales and market makers on Binance have steadily pared back bullish exposure since Wednesday. This shift is reflected in the long-to-short ratio, which dropped to 1.20 from 1.93. This reading represents a 30-day low for the exchange, suggesting that demand for leveraged long positions in margin and futures markets has cooled, even with BTC hitting 15-month lows. Meanwhile, the long-to-short ratio for top traders at OKX hit 1.7 on Tuesday, a sharp reversal from its 4.3 peak on Thursday. This transition aligns with a $1 billion liquidation event in leveraged bullish BTC futures, where market participants were forced to close positions due to inadequate margin. Importantly, this specific data point reflects forced exits rather than a deliberate directional bet on further downside. Strong ETF demand suggests Bitcoin whales are still bullish Demand for spot Bitcoin exchange-traded funds (ETFs) serves as strong evidence that whales haven’t flipped bearish, despite recent price weakness.
Since Friday, US-listed Bitcoin ETFs have attracted $516 million in net inflows, reversing a trend from the previous three trading days. Consequently, the conditions that triggered the $2.2 billion in net outflows from Jan. 27 to Feb. 5 appear to have faded. A leading theory for that pressure pointed to an Asian fund that collapsed after leveraging ETF options positions via cheap Japanese yen funding. Franklin Bi, a general partner at Pantera Capital, argued that a non-crypto-native trading company is the most likely culprit. He noted that a broader cross-asset margin unwind coincided with sharp corrections in metals. For instance, silver faced a staggering 45% decline in the seven days ending Feb. 5, erasing two months of gains. However, official data has yet to be released to validate this thesis. The Bitcoin options market followed a similar trajectory, with a spike in neutral-to-bearish strategies on Thursday. Traders pivoted after Bitcoin’s price slipped below $72,000 rather than anticipating worsening conditions.
The BTC options premium put-to-call ratio at Deribit surged to 3.1 on Thursday, heavily favoring put (sell) instruments, though the indicator has since retreated to 1.7. Overall, the past two weeks have been marked by low demand for bullish positioning through BTC derivatives. While sentiment has worsened, lower leverage provides a healthier setup for sustainable price gains once the tide turns. It remains unclear what could shift investor perception back toward Bitcoin, as core values like censorship resistance and strict monetary policy stay unchanged. The weak demand for Bitcoin derivatives should not be interpreted as a lack of confidence. Instead, it represents a surge in uncertainty until it becomes clear that exchanges and market makers were unaffected by the price crash. Bitcoin’s Fear & Greed sentiment indicator fell to its lowest ever level, leading some analysts to suggest that $60,000 was the bottom for BTC. Does historical data agree? Key takeaways: The Crypto Fear & Greed Index dropped to a record low of 7, showing extreme fear in the market.More than $5.5 billion in short liquidations above current prices may fuel a rebound.Weak price trends and rising derivatives selling may still drag Bitcoin below $60,000. Sentiment and liquidation suggest $60,000 remains support MN Capital founder Michaël van de Poppe said Bitcoin is flashing sentiment readings that have previously marked market bottoms. According to Van De Poppe, the Crypto Fear & Greed Index had dropped to 5 over the weekend (final recorded reading is 7), its lowest reading in history, while the daily relative strength index (RSI) for BTC has fallen to 15, signaling deeply oversold conditions.
These levels were last seen during the 2018 bear market and the March 2020 COVID-19 crash. Van de Poppe said such conditions may allow BTC to recover and avoid an immediate retest of the $60,000 level. CoinGlass data adds to the bullish case. Bitcoin’s liquidation heatmap shows over $5.45 billion in cumulative short liquidations positioned if the price moves roughly $10,000 higher, compared with $2.4 billion in liquidations on a retest of $60,000. This imbalance suggests that an upward move may trigger forced shorts covering, leading to a BTC rally.
BTC structural weakness keeps downside risks in focus Data from CryptoQuant shows Bitcoin trading below its 50-day moving average near $87,000, while further below the 200-day moving average around $102,000. This wide gap reflects a corrective or “repricing” phase following the prior rally.
CryptoQuant’s Price Z-Score is also negative at -1.6, indicating BTC is trading below its statistical mean, a sign of selling pressure and trend exhaustion. Such conditions have preceded extended base-building rather than immediate rebounds. Crypto analyst Darkfost highlighted a growing selling dominance in the derivatives markets. Monthly net taker volume has turned sharply negative at -$272 million on Sunday, while Binance’s taker buy-sell ratio has slipped below 1, signaling a strong selling pressure. With futures volumes outweighing spot flows at the moment, stronger spot demand is needed to trigger a bullish reaction from BTC. Adding a longer-term caution, Bitcoin investor Jelle noted that past Bitcoin bear market bottoms formed below the 0.618 Fibonacci retracement. For the current cycle, that level sits near $57,000, with deeper downside scenarios extending toward $42,000 if history repeats.
$UNI looks like it found its footing after the dip. The selling pressure slowed down right as price moved into this zone, and buyers are starting to step back in.
You can see it in the way downside moves are getting absorbed quicker, while bounces are showing better follow-through. It doesn’t feel like panic selling anymore — more like quiet accumulation.
Long $UNI
Entry: 3.35 – 3.55
SL: 3.20
TP1: 3.78
TP2: 4.08
TP3: 4.42
As long as this demand zone holds, continuation higher makes sense. If buyers stay active here, there’s room for another leg up.
$RIVER could have reached full take profit, but I stopped it at TP2. You can continue holding if the price continues to fall. Remember to protect your profits. #RİVER #TrendingTopic #TakeProfits
$RIVER losing the MA cloud and printing clean lower highs is usually not a good sign for bulls. The bounce attempts are getting weaker, and you can feel the momentum fading.
Price looks heavy up here. Every push up gets sold quickly, and there’s no real follow-through from buyers. If this structure holds, a flush back toward the 17.0 psychological level looks very likely.
As long as 18.75 stays intact, downside remains the cleaner play. Manage risk and let the structure do the work.
We've been visiting this chart setup multiple times now. While the market has been shaky at the bottom, maybe too early, the chart technicals stay the same.
Maybe it is too soon to give up. Are you ready to give up?
No! I am ready to trade.
Today, $PEPE USDT is in the making of a higher low after a five days retrace. We are expecting a very strong wave of growth. Because it has been so long in the making, it should be really fast when the time comes.
Waiting time has been reduced to 2-4 days. If you don't see PEPEUSDT up and green within four days, keep waiting, patience is key. _____ LONG $PEPE USDT
$RIVER losing the MA cloud and printing clean lower highs is usually not a good sign for bulls. The bounce attempts are getting weaker, and you can feel the momentum fading.
Price looks heavy up here. Every push up gets sold quickly, and there’s no real follow-through from buyers. If this structure holds, a flush back toward the 17.0 psychological level looks very likely.
As long as 18.75 stays intact, downside remains the cleaner play. Manage risk and let the structure do the work.
#TON /USDT | $TON Holds the Line After Sharp Dump,Bulls Coming Back
By analyzing the $TON chart on the weekly timeframe, we can see that price is currently trading around the $1.30 level. Despite the recent pullback from the rebound zone, the overall assumptions of the previous analysis remain valid.
The key condition for bullish continuation is still price stabilization above the $1.245 level. As long as $TON holds above this structural support, the probability of a mid-term recovery scenario remains intact. Failure to maintain this level would increase the risk of further consolidation or downside pressure.
#Polygon continues to move within the "perfect entry range" now establishing a higher low after the highest volume ever, new all-time low, 6-February recovery candle.
This small retrace opens the opportunity for a 2nd entry if you missed the first one 6-Feb.
Technical analysis
The action is happening at bottom prices with a lack of bearish trend. As the market hits bottom, a recovery tends to happen.
The highest volume ever at bottom prices is one of the strongest possible bullish signal. It means the bulls entered the market with force.
There is a long-term bullish divergence with the MACD and RSI. All these are reversal signals and makes this a very strong chart setup when combined.
This chart setup is incredibly powerful because of the many bullish signals working together. One signal in isolation can be tricky at best, dangerous at the worst. Here we have many signals that support a rising wave, coupled with marketwide action.
#Ethereum ($ETH ): Expecting Slight Push After Recent Dip | EMAs
The $ETH structure seems similar to the last time we had the dip where the price shifted apart from the EMAs.
Despite the current dip being more aggressive, we are still expecting a similar playout to happen, which would lead the price towards the EMAs to the region of $2,300-2,400. #ETH #TrendingTopic #bearishmomentum
#Pippin produced one final jump just to remain within the long-term descending channel structure. This type of move opens up a perfect short opportunity.
Shorting the market should be done by experts only as it is extremely high risk.
Professional traders almost all of them are bears, they mainly engage in short selling.
The short side of a trade tends to unravel many times faster compared to the long side. There is something about shorting.
I am neither for nor against; we love the market, we love Crypto. Any and all opportunities can work. The choice is yours.
#GOLD - Consolidation and compression at resistance ahead of NFP
$XAU was delayed due to the shutdown. The market is holding its breath ahead of a possible surge.
The forecast for NFP in January is +70,000 (compared to 50,000 in December). At the same time, the annual revised employment estimate will be released. Two scenarios for gold's reaction: Weak data: Will reinforce expectations of a Fed rate cut in June → gold will rise. Strong data: Will reduce the likelihood of an early Fed easing → a new wave of gold correction.
Gold is in a waiting mode for a strong trigger. The NFP report will set the short-term direction, but a sustainable trend will only form after the release of inflation data on Friday. The key level of $5,000 will remain the nearest support for buyers.
Resistance levels: 5089, 5241 Support levels: 5000, 4976, 4902
A breakout of resistance at 5089 and a close above this level could signal further growth. The market has accumulated enormous potential, and news could be the driving force. It is possible that the market will test support at 4976-4900 before growing.
This Is the Bitcoin Situation for the Next 3 Years
This is the Bitcoin Situation for the Next 3 Years
Since last August I warned that the $108,000 level could not be lost in Bitcoin or else we entered a bearish cycle and it was going to be hard.
I am not a guru nor do I have a crystal ball.
But I try to get informed and I dedicate a lot of time to understanding what a Halving is. I understand mining costs. I understand staking. I understand leverage.
But above all we need to understand how all this leads us to CYCLES.
This chart is very powerful for understanding Bitcoin.
Each line is a cycle since its Halving. This event happens every 4 years.
The first cycle (the blue one) made the high somewhat earlier but the following cycles have made their highs at the same moment. All the lows have happened one year after reaching this high.
This last cycle (the strong yellow one) looks smaller and this is not a coincidence. Notice that each cycle is smaller than the previous one.
And this makes sense.
Bitcoin cycles are INFLATIONARY AND LOGARITHMIC.
Inflationary and logarithmic?
This is vital. Let me translate it for you.
Bitcoin should follow inflation because it is a finite asset like gold or real estate in certain areas.
Easy but logarithmic?
This is something you can't IGNORE anymore.
🤔 Bitcoin cycles go up less every time.
One reason is that the more an asset capitalizes the more it costs to keep it going up. Money in the world is finite and therefore when something capitalizes billions it starts to be complicated to make it grow in a faster rate than inflation.
But you must also know that in the Halvings the rewards to miners are reduced.
At the beginning this meant a beastly reduction of many BTCs which drove the price very high. But now the reward is barely reduced by 3 or 1 BTC so the price cannot rise at the same pace.
If we pay attention to previous cycles Bitcoin will keep falling in 2026 until the end of the year before starting a recovery. This is the most likely scenario right now.
So much for Bitcoin theory so let us go to the practical part.
🚀 Where will this low happen?
I do not know and nobody knows but we have clues.
In each of the cycles we have seen the price retreat from highs.
And a lot.
The first cycle down 85% The second down 80% The third down 75%
And now?
Maybe 70%? It could be. It is just an approximation.
This last drop to $60,000 is already a great milestone as the price has corrected 50% but in previous cycles we see that the best is still to come. It can fall another 50% down to $30k or $40k to meet the levels close to 70% correction which would seem plausible based on previous behavior.
In terms of price it seems there is a gap to fill and in terms of time it is even better.
Correction time of first cycle is 12 months Correction time of second cycle is 12 months Correction time of third cycle is 12 months
If this fourth cycle lasts the same as the previous ones we will be talking about seeing the moment of maximum pain in October 2026.
That is the moment where we will all say that $BTC is going to 0.
Who knows.
But, if we start accumulating in the $60k zone and save some money for the $30-40k area, we could easily average a $50k position during 2026.
After three years we should be at the next cycle peak which following a logarithmic progression could be somewhat higher than these last $120k (current cycle peak).
Let us assume $150k. (Which is a number I get from the serie of previous rallies, but there is too much math for today)
We are talking about selling the investment for triple the price in 3 years. That is a return that is not bad at all.
The risk is total. I go without a Stop Loss. It is aspirational investment and in no case is it capital protection.
And while we wait for the price to reach the right zone to keep buying, you could also make a quick trade to catch the next 10% rally.
$TAO has filled each and every CME gap lately. Some took longer and some took less time, but eventually they all got filled.
Now what caught our attention is how slowly price is dipping to lower zones, yet there is no sharp or volatile move. This might indicate that a market structure break could form, which would activate a trend reversal.
This is what we are looking for — a proper MSB. Once we see that, we are going to aim for the fill of those unfilled CME gaps.