Glassnode’s Feb. 11 on-chain report indicates Bitcoin is trading in a range defined by a True Market Mean near $79,200 and a realized price around $55,000, similar to conditions seen in early 2022. Analysts say that without a decisive move above $72,000 or a major downside shock, BTC could remain in a prolonged consolidation as heavy overhead supply and whale positioning limit upside momentum.

On Tuesday, Chart Nerd highlighted monthly Gaussian Channel fractals that could steer XRP toward $0.70–$1. On Wednesday, the token traded at $1.36 after nearly a 63% pullback from the $3.66 peak, with a break below $1 still on the table, per Crypto Patel. Institutional ETF inflows and whale activity may offset downside risk.

Glassnode data show the Bitcoin Mayer Multiple fell to 0.65 as of Monday, a level last seen in May 2022 and below the 0.8 oversold band. On Tuesday, On-Chain College said this aligns with deep bear-market phases, while analysts mapped potential supports near the $58,000 200-week MA and, in extreme cases, toward $40,000.

Solana's SOL has validated a head-and-shoulders setup across several time frames, with analysts on X outlining targets near $50 and, in extreme cases, $30. The token fell 38% in the past 30 days to a two-year low of $67, while MVRV bands suggest support around $75 that may need to hold.

On Thursday, Bitcoin slipped under $69,000 for the first time since Nov. 6, 2024, as analysts highlighted several classic capitulation signals. Heavy losses from short‑term holders, an "extreme fear" reading on sentiment gauges, and Bitcoin’s most oversold RSI levels since the 2022 bear market all suggested that seller exhaustion and a potential price bottom could be approaching. These conditions have historically preceded both short-term weakness and subsequent rebound phases in the BTC market.

On Thursday, Bitcoin slid beneath the $84,000 support that had held since mid‑November 2025, reaching $81,000 as long liquidations totaled about $1.6 billion. On January 30, 2026, the Crypto Fear and Greed Index printed 16, reflecting extreme fear. Analysts highlight the 200‑week SMA near $57,974 and, in a worst case, targets down to $50,000.

BTC’s pre-FOMC push on Wednesday halted at $90,000, keeping price confined to the $86,000–$90,000 band since Jan. 20. Analysts say momentum could improve if $93,000 is reclaimed as support, with resistance clustered near the 50-day and 100-day SMAs at $90,000 and $94,000. ETF flow stability may further aid a break toward $98,000.

Bitcoin hovered below $90,000 on Wednesday as traders awaited the FOMC decision and Jerome Powell's remarks. Market odds favored no rate change, while key BTC support sits at $80,000–$84,000, with potential downside toward $65,500 if that area fails.

Bitcoin fell below $87,000 and reached a five-week low near $86,000, while the Coinbase Premium Index slid to a 12-month trough around -0.17, signaling heavier US sell pressure. Technicals point to a measured downside toward $66,800, with $93,000 now a level to reclaim and US spot ETFs recording about $1.72 billion in five-day outflows.