XRP shows limited upside momentum amid persistent selling, with price near $1.37 and daily volume around 173 million XRP. A 30‑day Z‑Score for Binance activity sits close to zero, signaling balanced participation and consolidation as the token holds above the $1.30–$1.40 area after failing to sustain the $2.00–$2.20 region.

Ethereum is trading below the $2,000 mark with elevated volatility and weak sentiment as traders stay cautious around this psychological level. Over the past 30 days, futures open interest across major exchanges has contracted by more than 80 million ETH, signaling broad deleveraging and a reset in derivatives exposure. Price action now shows persistent downside pressure, with key support seen in the $1,600–$1,700 area as the market searches for a stable base.

Bitcoin is under renewed selling pressure, with its Combined Market Index (BCMI) falling into the low 0.2 range, according to CryptoQuant. Price recently lost the $70,000 level and is trading in the mid‑$60,000s, while the $60,000–$62,000 band is highlighted as a critical support area. Current BCMI readings remain above prior cycle bottoms near 0.10–0.15.

On February 6, 2026, the 7-day average of Ethereum long liquidations on Binance reached about 9,000 ETH, according to CryptoQuant. ETH remains below $2,000 as volatility stays elevated and liquidity appears uneven. The report frames this as one of the longest stress periods since mid-2021, highlighting a prolonged deleveraging rather than a single capitulation spike.

Bitcoin is trying to retake $70,000 after a volatile stretch, but repeated failures to hold that level have kept demand fragile. Large holders realized approximately $944 million, $431 million, $1.46 billion, and $915 million in losses on Feb. 3–6, and newer whales now carry an estimated cost basis near $90,000.

Ethereum is trading around $2,000 amid elevated volatility, while recent exchange data points to growing self-custody. According to CryptoQuant, net outflows across major platforms exceeded 220,000 ETH, with Binance recording about -158,000 ETH on February 5. Reduced exchange balances may limit near-term sell pressure, but confirmation from momentum and flows is still needed.

Following a steep retreat from roughly $3,000, Ethereum is trading just above $2,000 amid consolidation. The 14-day average of tokens transferred jumped from about 1.6 million on January 29 to approximately 2.75 million by February 7, the highest since August 2025, signaling stress that could precede either stabilization or deeper weakness.

Bitcoin is trading around $65,000 while persistent selling pressure and a roughly 17% yearly decline weigh on sentiment. CryptoQuant's Market Cycle Signals indicator now places price action near an early accumulation zone around $54,600, as Bitcoin trades below key weekly moving averages and remains at risk of further downside if it fails to reclaim the $70,000–$75,000 range.

According to Axel Adler, Bitcoin entered a bear cycle in October 2025 and is now in a corrective phase after a local peak near $125,000. Percent unrealized losses have climbed from roughly 7% to around 22% since January, LTH/STH SOPR has compressed to about 1.13 after a ~40% drop, and BTC has failed to reclaim $80,000 amid weak rebounds near $78,000.