Crypto Market – 8 Feb 2026 | Current Situation
🔹 Bitcoin & Market Conditions
📉 Bitcoin remains under pressure this week, trading near its recent lows after a sharp correction from late-2025 highs. Many analysts see BTC still stuck in a broad downtrend, with key support levels around $60k–$63k under test. Recently BTC briefly dipped toward these lows and rebounded modestly — but bearish sentiment persists.
sergeytereshkin.com
🔹 Ethereum Weakness
📉 Ethereum (ETH) has also shown continued weakness, slipping below the psychological $2,000 zone amid risk-off sentiment in crypto markets. Losses over recent days have been significant as traders reduce exposure to risk assets.
interactivecrypto.com
🔹 Broader Crypto Pressure
📉 The overall crypto market cap has seen heavy declines amid large liquidations and tightening risk sentiment, with large falls across many altcoins.
Yahoo Finance
🔹 Crypto Winter Sentiment
🌐 Media and analysts are increasingly labelling the current phase as bearish or “crypto winter-like”, driven by risk aversion, regulatory uncertainty, and leverage unwinding.
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