Technical Analysis

The U.S. SEC appointed Taylor Lindman, formerly a senior legal officer at Chainlink Labs, as chief counsel for its Crypto Task Force. According to the report, LINK traded around $8.18 after rebounding from $8.13, with support near $6.80 and resistance at $8.19, while its price is roughly 51% lower year over year.

Espresso (ESP) surged more than 123% over the last 24 hours, hitting a record high of $0.219 as simultaneous listing announcements from South Korea’s top exchanges, Upbit and Bithumb, triggered an explosive wave of accumulation. While technical indicators suggest the rally is currently overextended, the token’s massive volume spike indicates strong buyer conviction as it defies a broader market downturn.

Seeker (SKR) surged more than 41% today, hitting an intraday high of $0.032 as a major listing on South Korea’s largest exchange, Upbit, triggered a massive wave of accumulation. While technical indicators point toward a potential retest of its all-time high, the token’s performance stands in stark contrast to a broader market Extreme Fear phase, with traders eyeing the $0.035 resistance level and a sustained breakout into the $0.040 range.

The administrator handling Terraform Labs’ wind-down has filed a lawsuit against Jane Street alleging use of non-public information ahead of TerraUSD’s May 2022 collapse, putting Terra Classic (LUNC) under renewed scrutiny. LUNC trades near $0.00003509 after a $0.0000343–$0.00003516 24-hour range, with analysts watching a potential push toward $0.00003925 and 2026 projections between $0.0000242 and $0.000510.

With Bitcoin trading near $63,200, Polymarket markets assign a 17% chance that the price will surpass $75,000, even as technical signals and whale flows point to mounting headwinds. Large holders have reduced but not reversed selling, and strong resistance around $72,200–$73,200 contrasts with key support close to $63,300, leaving price trapped between major levels.

On 24 February 2026, the total cryptocurrency market capitalization declined 3.05% to $2.19 trillion as digital assets extended their pullback. Ethereum traded around $1,829.84 with technical indicators pointing to short‑term strength, while several major altcoins such as XRP, Solana, and Bitcoin Cash recorded weekly losses of more than 10%. Market sentiment remained fragile, with the Fear & Greed Index at 11 and the Altcoin Season Index at 33, highlighting Bitcoin’s relative dominance.

Bitcoin slid to intraday lows of $62,700 on Tuesday as its price retreated to around $62,800, extending the monthly loss to nearly 29%. Analysts highlight $60,000 as a critical short‑term support, warning that a deeper pullback toward $50,000 is possible amid ETF outflows and macroeconomic pressures.

On 24 February 2026, Bitcoin fell to around $62,920, marking its first sustained drop beneath the $63,000 level since 2024. The move followed a steep multi-day decline that drove the price to an intraday low near $62,700 and shifted market structure from consolidation above $66,000 to a clear breakdown toward key supports around $60,000.

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.

According to the analysis, Dogecoin fell below $0.10 against the US Dollar and is consolidating under $0.0950 and the 100‑hour simple moving average. Resistance is noted at $0.0955, $0.0975 and $0.10, with a trend line near $0.0958. Supports lie at $0.0910, $0.0900 and $0.0880; a drop under $0.0880 risks $0.0832–$0.0820.