The most dangerous minute in trading… is not before the entry but after it
Enter the trade with a plan… not with emotion
I do not enter any trade until I determine four essential elements: • Clear entry point • Defined stop loss • Calculated targets • Calculated risk ratio
If these elements are not complete, the trade does not exist for me. The market does not forgive hesitation and does not reward random decisions.
Major error at Bithumb — 2,000 BTC distributed and Bitcoin price drops by 10%
Date: February 6, 2026
The Korean trading platform Bithumb experienced an operational error that reportedly led to the accidental distribution of approximately 2,000 Bitcoins to a group of users during a promotional campaign or random withdrawal. Some beneficiaries quickly proceeded to sell the received balances, causing a local drop in the Bitcoin price on the platform by about 10% compared to global prices for several minutes before the platform intervened to halt the abnormal activities and review the affected balances.
This event caused a temporary disruption in the liquidity of the order book on Bithumb; a gap appeared between supply and demand, and a noticeable increase in slippage occurred due to sudden selling volumes and an increase in the speed of market order executions. A temporary decline in market maker offers was also observed, which briefly deepened the liquidity shortage.
The platform's actions included suspending certain operations and reviewing technical records, while forecasts indicate that an internal investigation and possibly regulatory scrutiny will be opened to understand the circumstances of the error and determine responsibilities and compensation mechanisms for affected users. Such incidents put pressure on user trust and reopen discussions about internal operational controls and verification procedures before executing similar distributions or campaigns.
Bitcoin is currently experiencing a very strong counter-trend rebound (snapback rally) from the Golden Pocket area on higher timeframes, and it seems that the goal of this rebound is to liquidate late short positions. Such rebounds during downtrends on larger timeframes are often among the sharpest moves, and they can last for several days or even weeks.
If you are a short-term trader looking for strong volatility and quick trading opportunities, this type of environment is ideal. The $75,000 – $70,000 area represents a significant resistance level that should be monitored closely.
Prediction and analysis at the time 🤣 Analysis date: January 18
Trader's thoughts 😁 At a time when the price of Bitcoin (BTC) was trading near the $95,000 level, clear technical signals appeared indicating that the market had entered an Overextension (excessive price extension) phase, which increased the likelihood of a strong price correction in the following period.
The technical reading at that time
On the larger timeframe, the price showed a sharp and rapid upward movement, which is often followed by a Pullback (temporary correction) to rebalance the market.
BTC Analysis for Spot Traders and Long-Term Holders
When analyzing the previous price cycles of Bitcoin (BTC), a recurring pattern associated with the 200 Week Moving Average (200W SMA / EMA) (200 Week Moving Average – an indicator that measures long-term trends) emerges, and it is one of the most important indicators of the Long-Term Trend in the cryptocurrency market.
During the last three Market Cycles, Bitcoin typically needed about 992 days to retest the 200W SMA/EMA after the last interaction with this level. This behavior was not random; it clearly repeated across more than one cycle.
Currently, Bitcoin records 959 days since the last test of the 200W Moving Average, placing the price within the same Time Range that historically the currency has returned to this pivotal level.
Of course, this is not a Direct Signal for buying or selling, but it places the market in a High Attention Zone, especially since the 200W SMA/EMA has always represented a Strong Support Level in multiple phases of the price cycle.
The coming period may witness Increased Volatility, and the interaction of the price with this average remains one of the key factors to understand the Macro Trend of Bitcoin.
Sharp Decline in U.S. Inflation According to Independent Truflation Data
The Truflation inflation index in the United States recorded a sharp and unprecedented decline, with the annual inflation rate dropping to 0.86%, the lowest level recorded since 2020, according to independent data based on actual daily prices.
This notable decline comes at a time when the official inflation rate reported by the U.S. Bureau of Labor Statistics (BLS) is at 2.70%, highlighting an increasing gap between traditional lagging data and real-time data based on actual pricing.