#BTC and #ETH last 24 hours analyis (12 Feb 2026)
📊 Bitcoin (BTC) – Short-Term Pullback in a Broad Correction
Over the last 24 hours, Bitcoin has pulled back modestly, trading slightly lower on increased volatility. Recent data shows BTC is down roughly ~2–2.5 % on the day, slipping from recent intraday highs and resting near the mid-$60 K range, with typical daily range behaviour showing a defined high/low band as traders reacted to macro cues and profit-taking pressure. Spot volumes remain significant, reflecting active positioning on both sides of the market.
Despite this short-term retracement, BTC continues to dominate market cap and often acts as a risk proxy for broader crypto price action. Sellers appear to be defending key intraday support levels, while any break below could invite further short-term consolidation.
Key short-term drivers for BTC:
Profit-taking around local highs
Macro sentiment in risk assets
Institutional flows reacting to broader crypto performance
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🔥 Ethereum (ETH) – Smaller Decline, Smart Contract Demand Still at Play
Ethereum also eased over the past 24 hours, losing around ~1.8 % to 2.0 %, with price hovering just under the $2 K mark in most pricing feeds. Spot volumes for ETH remain robust, suggesting traders are actively adjusting positions rather than exiting wholesale.
ETH’s relative performance versus BTC has shown subtle shifts, with the ETH/BTC ratio remaining relatively stable, indicating that while ETH is down, it’s not losing significant structural ground against Bitcoin on the short timeframe.
Key short-term drivers for ETH:
Profit-taking with BTC weakness
Continued smart contract and staking interest
ETH volatility compressing near key support zones
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Support & Resistance:
BTC: Watching if current support levels hold or if breakdowns push price toward deeper intraday lows.
ETH: Monitors near $1.9 K–$2.0 K cluster for buyers.
