Phyrex|2月 07, 2026 20:50
Finally able to enjoy a proper weekend. After seeing BTC's price this morning, I basically dropped everything and took a day to rest. Even though there were some price fluctuations over the weekend, that's totally normal—liquidity is pretty low right now. The main focus is on how the U.S. stock market will perform after Monday. Hopefully, next week we can get back to the main topics of tariffs and monetary policy.
The drop on February 5 really hurt the crypto market’s momentum. It’s not just about liquidations; it’s more about the confusion surrounding Bitcoin itself. I was chatting with some friends today, and we were saying that the four-year cycle is still a thing. Just when we thought the U.S. government and institutions were buying in, Bitcoin managed to drop 50% in such a short time. The last time this happened was four years ago, and 2022 was also a complete mess.
The lowest point for BTC in 2022 came after the FTX collapse. Hopefully, 2026 will mark the bottom this time around.
Looking at Bitcoin’s data, weekend trading volume has started to decline. While it hasn’t returned to normal levels yet, it’s dropped significantly, which shows that investor sentiment is gradually calming down. But it’s still hard to say that the upcoming trend will be smooth sailing. Trump’s tariffs and the Fed’s monetary policy still bring a lot of uncertainty. Personally, the only thing I’m looking forward to is the 2026 midterm elections.
From the data on token distribution, the current stability is still decent. Even though the consecutive drops have pushed BTC below two support levels, it’s rare to see that the first two support levels are still holding strong without signs of collapse. This shows that early investors aren’t too sensitive to short-term price changes and are still focused on long-term holding.
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