On 9 February 2026, Bitcoin ETFs logged about $144.9 million in net inflows, making BTC the main institutional access point among crypto funds. Ethereum ETFs added roughly $57.0 million, Solana products were flat, and XRP ETFs attracted about $6.31 million, showing investors are reallocating cautiously rather than exiting the asset class.

Bitcoin slid to $60,000 last week before snapping back nearly 19% to $71,469, then eased to about $68,800 by Tuesday. On February 10, 2026, Santiment noted extreme fear and a surge in "buy the dip" chatter at the bottom, while CoinGlass reported roughly $1.3 billion in long liquidations. Analyst IT Tech cited $2.6 billion in 30-day net outflows and weakening demand.

Between Jan 22 and Feb 6, Bitcoin network difficulty decreased 14.1%, while publicly listed miner Cango disclosed a weekend sale of 4,451 BTC for about $305M. Miner exchange inflows have stayed near a 30‑day average of 82 BTC, pointing to localized balance‑sheet moves as profitability metrics soften.

From January 22 to February 6, Bitcoin's price fell 25% while network difficulty dropped in two steps by 3.3% and 11.2%, totaling 14.1%. According to the analysis, Cango sold 4,451 BTC for $305 million over the weekend for balance sheet reasons, as miner exchange inflow SMA30 stayed near ~82 BTC/day and the Puell Multiple 30DMA slid below 0.8.

Bitcoin is consolidating around $70,000 after reclaiming $68,800 and moving above the 100‑hour SMA, but the medium‑term bias remains negative. InvestTech highlights a falling channel and says bulls need to retake the 200‑day EMA near $95,700, with $72,000–$72,500 a key cap and $69,400–$65,000 the main support band.

BitMEX Research has outlined a post-quantum recovery plan for Bitcoin that would address coins held in legacy addresses at risk from quantum attacks. The proposal suggests a potential soft fork to freeze vulnerable funds, paired with quantum-safe recovery transactions using hash commitments or zero-knowledge proofs. The plan also covers high-risk legacy holdings, including early coins such as those attributed to Satoshi Nakamoto, via a "Pre-QDay Commitment" mechanism.

On Monday, Bitcoin recovered above $71,000 after a sharp deterioration in crypto market sentiment pushed several indicators to record pessimistic levels. Some analysts argue that extreme fear, an RSI near 15 and a crypto Fear & Greed Index low of 5 could signal a relief rally, while others caution that Bitcoin remains far below its 50-day and 200-day moving averages. Liquidation data showing over $5.45 billion in potential short liquidations above current prices versus about $2.4 billion near $60,000 highlights both upside pressure and lingering downside risk.

Crypto analysts are flagging multiple bear market signals as Bitcoin struggles to sustain prices near $70,000 and trades around $69,000 in Asia. Technical metrics such as the 100-week moving average, holder profitability, and heavy selling pressure suggest more downside is possible before a durable recovery. Some commentators argue that further losses could still create long-term accumulation opportunities despite the current market pain.