stabilization

CryptoQuant analyst Darkfost tweeted that Bitcoin has risen over 36% since the low on February 6. Meanwhile, Bitcoin's dominance has also increased, surpassing 61.3%, returning to the high since November 2025, indicating that funds are still highly concentrated in Bitcoin.In contrast, altcoins are still under pressure but have shown early signs of stabilization. TOTAL3 (the total market capitalization of all cryptocurrencies excluding BTC and ETH) has increased by about 15% during the same period. Among the altcoins listed on Binance, 11.7% have returned above the 200-day moving average (only 2.3% on February 6), breaking the downward trend since October 2025.Additionally, the trading volume of altcoins on Binance has risen from 31% to 49% of the total trading volume of BTC and ETH, indicating that investor interest is slowly returning.

CryptoQuant analyst Axel Adler Jr posted on the X platform, stating that the adjusted realized price range model calibrated to Bitcoin's current circulating supply shows that this round of Bitcoin falling to the key range of $59,000 marks the beginning of a true medium to long-term bottoming process. Bottoming is not a short-term process and will not be completed in one to two weeks; the baseline scenario is expected to take about six months.Axel Adler Jr emphasized that although Bitcoin has seen some recent increases, the core factor driving market stabilization is not emotional recovery or local rebounds, but rather the return of long-term real demand. This means that the bottom may only be truly established when the market begins to reprice future value and spot buying continues to recover.

According to CoinDesk, Fidelity Digital Assets released the "Q2 2026 Signal Report," indicating that although the overall cryptocurrency market was in a consolidation phase at the beginning of the second quarter, several underlying data points have shown signs of stabilization.The report shows that Bitcoin's dominance continues to rise, with capital consistently concentrating on the most liquid assets. The levels of unrealized profits and momentum indicators are consistent with characteristics of a correction period, which may lay the foundation for a more stable market structure in the future.Meanwhile, the network usage and price trends of Ethereum and Solana have diverged, indicating that demand at the protocol layer remains robust. The report also notes that Bitcoin futures are currently experiencing negative funding rates, and research institution 10x believes this reflects structural hedging behavior by institutions rather than an overall bearish signal.

Binance Research posted on the X platform that Brent crude oil has fully priced in the risks of a long-term closure of the Strait of Hormuz around $110.Despite ongoing geopolitical conflicts, several policies and market mechanisms have not yet fully taken effect, limiting further upward movement in oil prices; range-bound fluctuations may be the main theme in the near term.If oil prices remain range-bound, the "stagflation" narrative that relies on rising oil prices will weaken, which may alleviate the macro pressures faced by risk assets, including cryptocurrencies. As selling pressure bottoms out, the crypto market is expected to stabilize or rebound.

According to Jin Shi reports, the number of initial jobless claims in the United States fell more than expected last week, aligning with the trend of stabilization in the labor market. The U.S. Department of Labor announced on Thursday that for the week ending February 14, the seasonally adjusted initial jobless claims decreased by 23,000 to 206,000, while economists had previously estimated 225,000. The number of initial jobless claims had surged to 232,000 at the end of January. Earlier minutes from the Federal Reserve's policy meeting indicated that the vast majority of participating decision-makers believe that signs of stabilization in the labor market have emerged, but concerns about the downside risks to the labor market still persist.

According to market news, Bitcoin has fallen to $74,000, with the 14-day RSI entering the oversold zone and momentum significantly weakening.Spot trading volume has rebounded somewhat, but the response is slow, indicating that the downward trend is still ongoing rather than a buy-the-dip scenario. The spot market is dominated by sellers, ETFs remain under pressure, there is a noticeable deleveraging in the derivatives market, on-chain activity is sluggish, and the market as a whole has entered a risk-averse mode. Short-term stabilization may depend on the easing of selling pressure and a rebound in demand.

According to Jinshi, Federal Reserve Chairman Powell stated that the labor market may be stabilizing after gradually softening.

According to Jinshi, Federal Reserve Chairman Powell stated that there are some signs of stabilization in the unemployment rate.

JPMorgan stated that the previous "de-risking" process in the crypto market may be nearing its end, with signs of stabilization in the fund flows of Bitcoin and Ethereum ETFs. The analysis team led by JPMorgan Managing Director Nikolaos Panigirtzoglou pointed out in a recent report that although BTC and ETH ETFs experienced outflows in December 2025, global stock ETFs recorded a historic monthly net inflow of $235 billion during the same period, several indicators began to improve as January 2026 approached.The report noted that the fund flows of Bitcoin and Ethereum ETFs have shown "signs of bottoming," while the positions in perpetual contracts and CME Bitcoin futures indicate that selling pressure is easing. Analysts believe that the phase of retail and institutional investors simultaneously reducing positions during the fourth quarter of 2025 is likely over.Additionally, JPMorgan pointed out that MSCI's decision not to exclude Bitcoin and crypto asset reserve companies from the global stock index in the February 2026 index review also provided the market with "at least a temporary relief," benefiting related companies including Strategy. The report also denied that the recent pullback in the crypto market was due to worsening liquidity. JPMorgan believes that the real trigger was MSCI's statement on October 10 regarding MicroStrategy's index status, which initiated a systemic de-risking operation, and current signs indicate that this process is essentially complete.

Bitfinex Alpha's latest report indicates that Bitcoin experienced a significant rebound last week, rising over 15% from recent lows to reach $93,116. However, selling pressure remains, as Bitcoin immediately dropped 4.1% after the market opened this week. From a timing perspective, the market is approaching a local bottom, although it remains to be seen whether prices have truly bottomed out.However, given the substantial decrease in leverage, the selling off by short-term holders, and signs of exhausted selling pressure, the market currently has the foundation to enter a stabilization phase. Additionally, the rise in spot prices alongside the continuous contraction of open contracts suggests short covering rather than new speculative risk-taking, which could potentially establish a sustained recovery foundation in the fourth quarter.

ChainCatcher news, South Korean financial regulators stated that they will continue to take market stabilization measures.

ChainCatcher news, according to Cryptoslate, founder of the Satoshi Act Fund, Dennis Porter, stated that U.S. President-elect Trump plans to establish a Strategic Bitcoin Reserve (SBR) through an executive order, intending to use the Treasury's Exchange Stabilization Fund (ESF) to purchase Bitcoin. The ESF is typically used to address financial crises, with total assets exceeding $200 billion as of October 2024. If implemented, this plan would position the U.S. at the forefront of the global Bitcoin reserve race.At the same time, several U.S. states have begun to push for Bitcoin reserve legislation, including Pennsylvania and Texas. Additionally, countries such as Brazil, Poland, and Japan are also discussing proposals to establish national Bitcoin reserves.

ChainCatcher message, Bitfinex post analysis, last week, Bitcoin reached an all-time high, breaking the $100,000 mark for the first time, hitting a historic high of $104,000. This marks a 111% increase from Bitcoin's low of below $50,000 during the summer. However, after the rebound, there was a significant 14.84% pullback, including a rapid 10% drop within just eight minutes, which is the largest pullback from the current all-time high since the sell-off before the U.S. elections. This pullback triggered over $1.1 billion in liquidations, with $419 million in Bitcoin long positions, highlighting the level of leverage in the market.Despite the market's extreme volatility, signs of stabilization are emerging. The realized profit metric had peaked at $10.5 billion daily but has now dropped to $2.5 billion, easing selling pressure. The futures funding rate has also normalized, indicating a decrease in speculative leverage. Although ETF inflows slightly slowed over the weekend, they remain a key source of support against the backdrop of long-term holders continuing to take profits. As Bitcoin consolidates above $100,000, the medium-term outlook remains bullish, and with the normalization of funding rates and easing selling pressure, there is potential for further upside as long as ETF inflows continue to increase.Additionally, the Federal Reserve is assessing potential policy shifts that the new government may undertake, while the economy remains supported by a resilient labor market and stable consumer demand. However, the uneven recovery across various sectors suggests a need for cautious optimism.

ChainCatcher news, according to a report by Jinshi citing the Korean News Agency, South Korean regulators stated that they are ready to deploy a 100 trillion won stock market stabilization fund at any time.

ChainCatcher news, according to Jinshi reports, the South Korean side stated that today's stock market decline is "excessive," and they will closely monitor the foreign exchange and stock markets, taking swift market stabilization measures when necessary.

ChainCatcher news, BitMEX co-founder Arthur Hayes expressed optimism about Bitcoin's trend in his latest blog post titled "May Risks." Hayes provided a detailed analysis of the potential impact of recent changes in U.S. monetary policy on the crypto market.Hayes pointed out that the Federal Reserve's decision to reduce the pace of balance sheet reduction from $95 billion per month to $60 billion essentially adds $35 billion in liquidity each month. At the same time, the U.S. Treasury revealed in its latest quarterly borrowing report that it will issue additional short-term Treasury bonds with maturities of 4 weeks, 6 weeks, and 8 weeks to meet funding needs before the end of May. This move is expected to bring additional dollar liquidity to the market. Hayes also mentioned that after the bankruptcy of the small U.S. bank Republic First Bank, the FDIC activated its insurance fund to ensure the interests of all depositors in order to avoid a bank run. This means that U.S. authorities have effectively added $6.7 trillion in contingent liabilities to the banking system nationwide.Hayes believes that these factors will continue to inject dollars into the market, alleviating downward pressure on cryptocurrencies and driving Bitcoin to stabilize and rebound in the coming months. He predicts that Bitcoin may have bottomed out around $58,600 and will next return above $60,000, consolidating in the $60,000-$70,000 range until the end of summer in the Northern Hemisphere. He also revealed his optimism for a rebound and is currently accumulating high Beta tokens like SOL on dips.