$BTC / $USDT.D What about that tether dominance? Because we couldn't hold that 6.4% position (for a nice drop), we ended up with that surge to 9% which is the neckline of this IHS. But what does that mean? This means this formation should play out within this year. More Blood? Maybe. Any relief rally? Absolutely. I can only assume that 2026 will be the right shoulder year, where we can see crypto bottoming and possibly surging again.
💥🇺🇸Michael Saylor’s Strategy acquired 1,142 $BTC for approximately $90.0M, at an average price of ~$78,815 per bitcoin. As of Feb 8, 2026, the company holds 714,644 $BTC, acquired for roughly $54.35B at an average price of ~$76,056 per bitcoin.
New holders of Bitcoin Strategy Inc.: Announced a fresh purchase of 1,142 BTC (~$90M) on February 9, reinforcing its long-term accumulation strategy despite near-term market weakness. Cango Inc.: Sold 4,451 BTC as part of a strategic shift toward AI and high-performance compute infrastructure. Hedge Fund Deleveraging: Multiple hedge funds exited “basis trade” and leveraged arbitrage positions during the early-February selloff, contributing to accelerated downside $BTC
Monday🗓️ "February 9th" Currently, Bitcoin (BTC) and Ethereum (ETH) are in the "violent rebound after a sharp decline" stage. After experiencing a panic sell-off that hit a 16-month low on February 6th, the market is now attempting a corrective rebound. The market is likely entering a consolidation correction or a secondary bottoming phase due to insufficient rebound volume (no-volume rebound) and heavy trapped positions above. It is difficult for prices to break through strong resistance levels directly. Technical Analysis: Bitcoin (BTC): Currently under pressure below the middle ban
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🇫🇷📈 France’s financial regulator AMF reminded Digital Asset Service Providers that the MiCA transitional period ends on 1 July 2026. #Crypto firms operating in France must obtain MiCA CASP authorisation by then or cease operations. Providers that do not plan to comply are urged to begin an orderly wind-down by 30 March 2026. After July 1, 2026, unauthorised #crypto services may face penalties, blacklisting, and website blocking. #crypto