HYPE's surge to $38.42 in the first week of February, following a break above the $28.4 lower high in early January, marked a shift to a bullish market structure. The subsequent decline below $30 and down toward key Fibonacci levels between $28.44 and $20.02 is viewed as a retracement within this uptrend, with $24.3 and $20 highlighted as important support areas for bulls. A drop below $23.4 or especially under $20 would signal weakening buyer strength and could invalidate the current bullish setup.

Bitcoin fell 5% within two hours on 22 February, sending the Crypto Fear and Greed Index to 5 on Monday, a level last seen in 2019, according to Joao Wedson. Over the past month, stablecoin supply dropped from $161.19 billion to $153.75 billion as USDT dominance rose and long‑term holders distributed 244,866 BTC on 5 February, Glassnode data show.

On Feb 20, MYX spiked to $1.816 intraday but closed at $1.02, underscoring buyer fatigue. The token rebounded to $1.81 after forming a local base at $0.80, then revisited $0.80 as support. With $3 and $5 identified as higher-time-frame resistances and an intraday imbalance near $0.75–$0.85, a path toward $0.15 remains possible if weakness persists.

Ali Martinez said the monthly SuperTrend for SOL flipped to a sell signal, noting the last instance in 2022 preceded a 95% drawdown. Glassnode showed about 20% of addresses in profit in February as SOL slipped below $100, while the Hodler net position change turned positive in January but slowed over the past three weeks. AMBCrypto added that Solana's RWA value recently reached $1.66 billion.

Aave's token climbed 29.7% from a low of $92.25 on 6 February to about $119.64 while still tracking a broader downtrend. The price has reclaimed the long-term $117 zone, with key resistance levels seen near $130, $148.6 and a potential bullish shift only above $163.9.

Injective’s INJ climbed 35% from $2.97 on 19 February to $4.02 on 21 February, with trading volume up 57% day over day, according to CoinMarketCap. Pineapple said it bought $2 million in INJ and keeps $20.79 million in reserves, while a real-time EVM mainnet upgrade went live on 20 February. Resistance sits at $4.16 and $6.09.

Chainlink bulls have recently protected the $8 price area while LINK reserves climbed to 2 million tokens, worth about $17 million. On-chain data show the Holder Accumulation Ratio has risen to 74.8% and long-term cohorts remain reluctant to sell, even as 90-day MVRV hovers around a 24% loss and analysts warn a final capitulation wave from long-term holders may still lie ahead.

Shiba Inu's price recently dropped about 15.59% from a local peak to a local trough in under five days but has since rebounded from a demand zone near $0.0000062. Technical levels between $0.00000758 and $0.00000818, along with a dense band of short liquidations just below $0.000008 on the 1‑month heatmap, suggest room for a short-term rally toward the $0.000009 region even as the broader downtrend remains intact.

Optimism's OP token has suffered steep losses after Base decided to move away from the OP Stack toward its own unified stack, cutting into Optimism's activity and revenue. As OP trades at all-time lows, open interest has jumped by nearly 60% since 18 February while price dropped 29.3%, signaling heavy short positioning and intense selling. Technicals such as deeply oversold RSI and fresh lows on the A/D indicator leave room for a short-covering bounce toward the $0.14–$0.16 area, even as the broader trend remains bearish.