Dear user, Main news this week: Market situation Cryptocurrency markets have experienced one of the most volatile weeks in recent times. On February 6, during the Asian trading sessions, the price of Bitcoin (BTC) fell to $60,000, marking the most significant one-day drop since the FTX crash. Then BTC sharply rose to $70,000. Since October, when the price peaked at $126,000, BTC has lost over 50% of its value. Ethereum (ETH) mirrored this movement, dropping from around $2,400 to nearly $1,750, before recovering to the $2,000 level. The Fear and Greed Index in the cryptocurrency space is at 10 (extreme fear) — a level that historically correlates with capitulation situations. Volatility remains high, and pricing continues. What influenced prices A cascade of liquidations and closing of loans. The sharp drop in Bitcoin's price by 14% in one day triggered a wide wave of liquidations, reminiscent of drops in previous cycles. An increased share of borrowed funds at the beginning of the cycle intensified the downward momentum before the closing of bearish positions led to recovery. #bitcoin
🔥🔥🔥 No one knows the true appearance of Satoshi Nakamoto, yet everyone benefits from his brilliant idea. He solved the double-spending problem of virtual currency using asymmetric encryption and the PoW mechanism, making peer-to-peer payments a reality. From the first transaction of 10 bitcoins to today's ecosystem worth trillions of dollars, from being worthless to reshaping global value perception, the seed he planted has grown into a towering tree. Anonymity was his choice, decentralization his belief—honor this mysterious pioneer who changed the world. #币安钱包TGE #加密市场观察 #Web3 $币安人生 $客服小何 $恶俗企鹅
⚠️ URGENT: THE WHALE IS MOVING MILLIONS❗❗❗ 🐋 F — PUMP OR BRUTAL DUMP❓❓❓ 📉🚀
Attention on the photo! My scanners detected major activity: over the past 12 hours, the whale has moved more than $1,000,000 to different exchanges in parts. 💰🏦
What does this mean? A major player is preparing to act. He could either 'ramp up' the price to liquidate longs, or dump everything at once, crashing the chart. 📈↔️📉