The price of BTC shows a multi-cycle bearish resonance pattern, having entered a deep bear market zone at the daily level. The concentrated release of negative news has triggered market panic, although there are some localized signals for bottom fishing.
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On February 6th, Eastern Standard Time, the cryptocurrency market experienced a typical "roller coaster"行情 within 24 hours: the major coins saw a maximum drop of over 15% during the day, followed by a rapid rebound, with prices returning to key ranges. At this time, **BTC** was fluctuating around **$64,000-64,005**, with a 24-hour drop of about **12.3%-12.4%**; **ETH** returned to around **$1,900-1,902**, with a daily drop of about **11.59%-11.98%**. This round of sharp declines and surges was
18 minutes ago
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On February 6, 2026, at 8:00 AM UTC+8, the cryptocurrency market experienced a rare shock, with Bitcoin plummeting over 15% within 24 hours, briefly dropping below the **$60,000—$61,000 range**, leading to a collective dive of mainstream assets such as Ethereum, BNB, and SOL. The rapid decline in prices triggered a chain reaction in the futures market, with many high-leverage long positions being passively liquidated, and retail sentiment quickly shifted from hesitation to panic. Meanwhile, on-chain and financial report data indicated that some institutions and large holders...
30 minutes ago
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Starting from 07:30, within 36 minutes, the BTC price plummeted from $64,469 to $61,666, a drop of 4.35%.

55 minutes ago
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On February 6, 2026, at 8:00 AM UTC+8, the cryptocurrency market experienced a severe systemic correction, with mainstream assets such as Bitcoin, Ethereum, and SOL collectively plummeting, triggering billions of dollars in forced liquidations across the network. Bitcoin briefly fell below the **$60,800-$60,900** range, Ethereum dropped below **$1,800**, and SOL fell to below **$70**, with the total market capitalization of cryptocurrencies shrinking to approximately **$2.267 trillion**, evaporating over 10% of its market value within 24 hours.
58 minutes ago
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This week, in the East Eight Time Zone, the cryptocurrency market experienced one of the most severe single-day corrections since the FTX collapse, with mainstream coins like BTC, ETH, and BNB collectively plummeting, and the derivatives market saw a sharp increase in liquidations. Bitcoin's intraday maximum drop reached **15.48%**, briefly falling to **$61,156.3**, ETH temporarily dropped below **$1,800**, and BNB fell below the **600 USDT** mark. The total liquidation scale across the market in 24 hours was reported by multiple sources to be approximately **1**.
1 hour ago
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The U.S. Treasury Secretary criticizes opponents of the cryptocurrency bill, suggesting that those who do not support regulators should move to El Salvador; Binance's Zhao Changpeng responds to rumors of insolvency; JPMorgan states that Bitcoin's long-term appeal surpasses that of gold.
1 hour ago
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Starting from 03:00, within 111 minutes, the price of ETH plummeted from $1952 to $1823, a decrease of 6.62%.

3 hours ago
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From 03:35, within 46 minutes, the BTC price plummeted from $66,141 to $63,825, a drop of 3.51%.

3 hours ago
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From February 5 to 6, Eastern Standard Time, the cryptocurrency market experienced a severe correction, with mainstream asset prices plummeting. The leading institutions most closely tied to these assets instantly fell into significant unrealized losses. **BitMine**'s heavy position in ETH and **MicroStrategy**'s long-term accumulation in BTC were scrutinized under a microscope, with ongoing doubts about liquidity and risk tolerance. As prices fell, leveraged long positions faced concentrated liquidations, leading to on-chain and exchange liquidations.
8 hours ago
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Starting from 22:35, within 51 minutes, the BTC price plummeted from $70,849 to $66,710, a drop of 5.88%.

8 hours ago
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Starting from 22:35, within 31 minutes, the price of ETH plummeted from $2107 to $2012, a drop of 4.56%.

9 hours ago
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On February 5, 2026, at 8:00 AM UTC+8, **Gemini** announced that it would close its operations in **the UK, the European Economic Area, and Australia**, hitting the brakes hard for a trading platform that once boasted about its globalization story. According to the announcement, relevant accounts will be fully shut down on **April 6, 2026**. The platform has already entered the "asset withdrawal period" for existing users: **from March 5, only withdrawal functions will be retained**, after which the registration portal will be closed, incentive programs will be halted, and account permissions will be continuously restricted.
10 hours ago
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