Bitcoin's weekly RSI dropped to 26.62 on Feb. 6 as the price fell to $64,000, Tradingview data show. The RSI, a momentum indicator often considered oversold below 30, matches readings from June 2022 during the last bear market, BlockBeats reports.

Binance Wallet announced on Feb. 6 the launch of its exclusive Opinion (OPN) Booster campaign, offering users up to 5,000,000 OPN tokens in airdrop rewards through multi-stage challenges, official information shows. First-phase participants can share 3,000,000 OPN tokens, with entry requiring at least 61 Binance Alpha points and a 5-point deduction upon joining. Reward tokens are subject to a lock-up period, with the unlock date to be determined by the project team and not disclosed in advance.

The Crypto Fear & Greed Index dropped to 9 on Feb. 6 from 12 the previous day, indicating "Extreme Fear," Alternative data show. The index ranges from 0 to 100 and weighs volatility (25%), trading volume (25%), social media sentiment (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google Trends (10%).

A whale sold 27,800 ETH on Spark on Feb. 6 to repay 44.14 million USDT, BlockBeats reports citing Ember. The address now holds 9,810 ETH (worth approximately $18.66 million) on Spark with 12.83 million DAI in debt, and its liquidation price fell from $1,800 to $1,560.

On Feb. 6, an address associated with "Machi Big Brother" Huang Licheng opened leveraged long positions in ETH and HYPE, HyperInsight data cited by BlockBeats show. The address holds a 25x leveraged long on 500 ETH with an unrealized loss of $18,000 and a 10x leveraged long on 25,000 HYPE with an unrealized profit of $34,000.

A newly created wallet that began building a long position in ETH four days ago was fully liquidated, with losses exceeding $4 million, Lookonchain data show. The liquidation occurred approximately six hours before the report on February 6, with on-chain activity indicating the entire leveraged Ethereum position in the new whale address was closed out.

Metaplanet CEO Simon Gerovich said on Feb. 6 the company will continue steadily accumulating Bitcoin despite acknowledging challenges for shareholders from recent share price performance, BlockBeats reports. He added Metaplanet will keep working to enhance its earning power and prepare for the next growth stage. On Jan. 29, Metaplanet announced a plan to raise $1.37 billion to increase its Bitcoin position, and the company now holds 35,102 BTC, making it the fourth-largest publicly listed Bitcoin holder globally.

Bitcoin rebounded 9.75% over 105 minutes on Feb. 6, BlockBeats reports. The rally followed an early-morning drop to $60,000, the lowest level since October 2024.

Bitcoin hit $60,001 on Feb. 6, its first time at that level since Oct. 2024, Santiment data show. Addresses holding 10–10,000 BTC now control 68.04% of supply, a 9-month low, after net selling 81,068 BTC over 8 days. Meanwhile, the supply share held by addresses with under 0.01 BTC rose to 0.249%, a 20-month high.