Trading

Owlto Finance (OWL) is revolutionizing the cross-chain landscape, processing over 13 million transactions with its AI-powered "intent-centric" bridge. Despite recent post-launch volatility, the protocol's integration with 45+ networks and a low initial float has analysts eyeing a recovery toward $0.15 by year-end. Discover the fundamental drivers and technical support levels for the "highway system" of Web3.

Bitcoin has rebounded from support above $66,000 and is now trading over $70,000, with price action constrained below resistance levels at $72,000 and $72,500. The BTC/USD pair sits above the 100 hourly simple moving average within a rising channel that has support near $68,800, while failure to clear $72,500 could open the way for a move back toward $69,400, $68,500 and potentially $66,500–$65,000.

Base App will discontinue its Creator Rewards program and remove its Farcaster-powered social feed to concentrate on tradable assets. According to the app's X account, roughly $450,000 was distributed to 17,000 creators over seven months, with final payouts set for Feb. 18. The app opened to the public in December.

Bitcoin climbed back above $71,000 after sentiment gauges like the Crypto Fear & Greed Index plunged to a record low of 7, raising debate over whether $60,000 marks the cycle's floor. Some analysts point to oversold RSI readings and over $5.45 billion in short liquidations above current prices as fuel for a rebound, while others highlight structural weakness below key moving averages and derivatives-driven selling that could still drag BTC under $60,000. Historical Fibonacci levels around $57,000 and even $42,000 are being monitored as potential downside targets if past bear market patterns repeat.

XRP rebounded after a more than 30% drop from early January highs, briefly hitting $1.11 during the February 5 sell-off. It remains capped below $1.50–$1.65 resistance as analysts flag oversold RSI, heavy capitulation volume on Coinbase, and roughly $45 million in positive ETF inflows last week.

CME Group has launched LINK futures on its CFTC-regulated exchange, adding Chainlink to its crypto derivatives roster. The contracts come in two sizes: a 5,000 LINK standard and a 250 LINK micro, both cleared through CME Clearing. LINK joins ADA and XLM, giving traders regulated tools for hedging and price discovery.

BlackRock-linked wallets shifted large amounts of Bitcoin and Ethereum to Coinbase Prime, including 2,268 BTC and 45,324 ETH on February 9, 2026. Traders read the exchange-bound flows as potential sell pressure amid an around $2.5 billion options expiry and a recent Bitcoin drawdown toward the low-$60,000 area.

On Feb. 9, charts show Bitcoin pressing into resistance near $74,508 while Ether stalls around $2,111, with several majors encountering supply at higher bands. According to Trader BitBull and Santiment, views diverge on whether the drop toward $60,000 marked a floor; CryptoQuant’s Darkfost notes a Sharpe ratio near -10 that may coincide with late-bear conditions.

On February 9, 2026, Piper Sandler's chief investment strategist Michael Kantrowitz said he remains positive on equities even as investors worry about an artificial intelligence-driven bubble and softer labor data. He noted that since October the stock market has begun to broaden for the first time in about four years, supported by easing interest rates, lower bond yields and improving earnings breadth.

In a February 7 X post, Tesla investor Ross Gerber said the surge of scam and low‑quality tokens has undercut confidence and helped push Bitcoin below $70,000 last week. He also cited fading catalysts, ETF outflows, and leverage-driven liquidations. Separately, analyst Chiefy predicted a potential slide toward $42,000, with BTC then trading above $69,800.