From the early morning to daytime on February 6, on-chain monitoring showed that **Trend Research** concentrated on transferring and selling a large amount of ETH to exchanges, quickly becoming the focus of the entire market. Within just a few hours, the institution sold tens of thousands of ETH, including a key operation of a single transfer of **20,000 ETH** to Binance, which many observers regarded as the most representative institutional-level deleveraging action in this round of ETH's sharp decline. This event coincided with a sharp drop in Bitcoin prices and sentiment.

The price of Bitcoin once fell below $70,000, and the fear index plummeted to 11. Amidst the market's wailing, ARK Fund and UBS Group were buying against the trend. Recently, the cryptocurrency market has experienced severe fluctuations, with the price of Bitcoin briefly dropping below the key psychological level of $70,000, setting a new low since 2022. The fear index has dropped to 11, entering the "extreme fear" zone. While retail investors were panic selling, some keen market observers noticed that institutional investors were quietly positioning themselves.

As a new investor, how can you avoid selling in panic and chasing highs out of greed?

Original author: Ma He, Foresight News If someone told you that there are some smart traders who can make money by predicting the weather and temperature, would you believe it? The trader named neobrother in the picture above has been making crazy bets on the weather in various cities on Polymarket, currently accumulating profits of over $20,000. He is not a blind speculator but a highly data-driven expert who specializes in vertical niches and is skilled in leveraging odds. neobrother's trading records are almost entirely focused on weather forecasting (Weat...

Stocks, precious metals, and cryptocurrencies are all suffering together, creating a pure "liquidity black hole."

The price of Bitcoin once fell below the key support line of $76,000, and the world's largest publicly traded Bitcoin company faced its first unrealized losses, with over $2.3 billion in leveraged positions being forcibly liquidated within 12 hours. Once regarded by the market as a "benchmark of institutional faith," MicroStrategy's average holding cost line (approximately $76,037) was completely breached by the end of January 2026. Bitcoin has retreated from its high of nearly $126,000 in October 2025, with a decline of over 30%, triggering events since November 2025.

On the morning of February 6, global risk assets faced their darkest moment, with Bitcoin plummeting over 12% in a single day, nearing the $60,000 mark. The number of liquidations in the cryptocurrency market exceeded 570,000 in one day. Bitcoin touched $60,000 during trading, which is already a halving compared to the historical high of $126,000 set last October, with a market value evaporating by over $1.2 trillion. This sell-off storm swept across the globe, affecting everything from U.S. stocks and precious metals to Asian stock markets, with spot silver crashing over 19% in a single day, and the three major U.S. stock indices...

This time, there is no single triggering factor.

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.

BBX disclosed that Palantir has built its position for the first time, SBI is expanding liquidity, and TeraWulf has launched "zero carbon HODL."

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.

The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether\\\'s stablecoins.

The Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads.