#财神每日币圈资讯

February 6

1. Bitcoin Market: Nothing new to say, another sharp drop and a washout. Bitcoin is accelerating downward toward 60,000. Currently trading at 61,760, down 15%. Ethereum is mirroring Bitcoin's trend, now at 1,812, with a low of 1,795. A positive sign is that the daily volume has increased, and it’s somewhat detached from the moving averages. Let’s see how it develops over time. Bitcoin’s long-term cycle is still upward; those who buy the dips are believers. Being trapped is uncomfortable but usually doesn’t last long, and things often settle quickly.

2. Altcoin Market: Bitcoin’s decline is relentless, and altcoins are also in a sea of red. Mainstream altcoins like DOGE, SOL, and others have plummeted over 15%, XRP has fallen more than 20%; SKR is up 20%, closing at 0.0214 — the only bright spot; HYPE is down 6%, currently at $33, which is relatively resilient.

3. Neighboring Markets: The three major US stock indices all fell over 1%; the three major Chinese indices also declined sharply, with consumer sectors active, while solar and precious metals led the decline; gold dropped 3%, closing at 4,716; silver plunged 17%, closing at $65; crude oil experienced a sharp decline.

4. Today’s Fear and Greed Index dropped to 9, indicating extreme fear.

5. Institutional and On-Chain Activity: Bitmine’s Ethereum holdings are currently unrealized losses of $8.4 billion; Strategy’s Bitcoin holdings are unrealized losses of $9.2 billion; ETH is within $200 of liquidation according to Yi Lihua’s Trend Research; large holders transferred over $100 million USDT out of OKEx.