Calm after the storm?
After the sharp fluctuations at the beginning of the week, the crypto market seems to be seeking a new equilibrium. This Friday, February 13, is not unlucky, but calls for analytical caution.
1. Bitcoin ($BTC):
The $68,500 support holds firm. Technically, Bitcoin has formed what analysts call a solid "consolidation base." Yesterday's rejection of $72,000 led to a healthy pullback that allowed for the purging of over-leveraged positions.
The indicator to watch: The Funding Rate. If it returns to neutral or slightly negative, this will signal an opportunity for a technical rebound towards $74,000.
The sentiment: We are moving from Extreme Fear to Neutral Fear. It is often in this zone that institutional accumulators place their limit buy orders.
2. The Rise of the Layer 2 Narrative:
While BTC stabilizes, attention shifts to scalability solutions. With gas fees rising on the Ethereum mainnet, ecosystems like Arbitrum, Optimism, and Base are seeing their Total Value Locked (TVL) skyrocket. By 2026, the battle will no longer be about "which blockchain is the fastest," but rather "which blockchain has the most daily active users."
3. Strategic Conclusion:
Don't be fooled by today's sideways price stagnation. Trading volume remains robust, indicating that the transfer of wealth from "weak hands" to "strong hands" is underway.
💬 Today's Debate: In your opinion, will the next major move be a breakout to the upside or a return to $60k? Explain your position in the comments!