According to CrypNuevo, the previously anticipated Bitcoin (BTC) entry setup has been invalidated due to the formation of a significant downside wick. Despite the potential for a recovery above $74.6k by the weekly candle's close, the downside wick suggests future bearish pressure. CrypNuevo emphasizes risk management and patience, advising traders to await confirmation from a weekly close above key levels before considering entries.

According to @santimentfeed, the distinction between a crypto dip and crash is critical for traders, as crashes often signal a bottom in the market. Santiment's social data reveals that high mentions of 'crash' during Bitcoin's drop to $60.0K triggered panic selling, followed by a rapid price rebound. This pattern highlights how panic among retail traders can create buying opportunities for key stakeholders, with Bitcoin already recovering 13% from its recent low.

According to Glassnode, the 1-week and 1-month 25 delta skew in the cryptocurrency options market has surged to levels last observed in 2023. This indicates a significant rise in demand for put options, which are now trading at a 28% premium. The elevated skew reflects the cost of urgent crash insurance, highlighting heightened market caution among traders.

According to @glassnode, the DVOL (Deribit Volatility Index) remains elevated at around 65, showing a significant adjustment from the high 40s reported last week. This sustained increase in volatility highlights a fragile market environment as it adapts to the ongoing higher volatility regime, signaling caution for traders.

According to @glassnode, the Bitcoin (BTC) put call volume ratio has remained above 1 for the past week and is currently around 1.3. This suggests ongoing downside demand in the market, with only initial signs of rebalancing observed earlier today. Traders should monitor this trend for potential shifts in market sentiment.

According to @lookonchain, dormant wallets have recently reactivated to capitalize on Ethereum's price dip. Wallet 0x55C1, inactive for two years, withdrew 10,000 ETH (approximately $19.24 million) from Binance. Similarly, wallet 0x1342, dormant for one year, withdrew 1,892 ETH (about $3.75 million). This activity suggests renewed interest among large holders, potentially impacting short-term trading dynamics.

According to @MI_Algos, Bitcoin (BTC) is facing significant resistance at $69k, a critical level for confirming a sustained recovery after recent market declines. Despite sentiment pointing to a potential rally and consolidation, the market lacks clear signals that a bottom has formed. A Weekly close above $69k is necessary to establish bullish momentum, while failing to hold above this level could trigger a support test at the 200-Week SMA near $58k.

According to Material Indicators, FireCharts Binned CVD reveals that the smallest order class executed a TWAP (Time-Weighted Average Price) strategy to offload approximately $25 million in Bitcoin (BTC) within an hour. This observation suggests that the activity is not retail-driven and implies that the bottom for BTC may not yet be established.

According to Lookonchain, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) ETFs have experienced notable net outflows. Over the past day, Bitcoin ETFs saw a net outflow of 6,201 BTC, Ethereum ETFs lost 13,695 ETH, and Solana ETFs shed 12,241 SOL. The seven-day period reflected even larger outflows, with Bitcoin ETFs down by 17,435 BTC, Ethereum ETFs by 147,069 ETH, and Solana ETFs by 67,632 SOL. These trends indicate potential bearish sentiment and reduced institutional interest in crypto ETFs.

According to @OnchainLens, Trend Research has transferred a total of 434,663 ETH, valued at $896.1M, to Binance in an effort to repay its loan. In the past 15 hours alone, 246,075 ETH ($469.23M) was sent. This significant movement of Ethereum (ETH) could impact trading activity on Binance.

According to @ai_9684xtpa, Trend Research has sold 216,000 ETH within a short period to reduce its leveraged position. The firm recently transferred an additional 30,000 ETH, worth $58.18 million, to Binance. This brings its on-chain holdings down to 217,274 ETH, valued at $421 million. To fully eliminate its leverage, Trend Research needs to sell an additional 146,000 ETH. The rapid liquidation progress highlights a significant market impact on Ethereum (ETH).

According to Charlie Bilello, Bitcoin (BTC) experienced a significant drop of over 52% from its October 2025 peak, reaching a low of $60,000. This marks the cryptocurrency's ninth decline exceeding 50% from an all-time high since it began trading on exchanges in 2010, highlighting its historical volatility and risk for traders.

According to @lookonchain, Bitcoin (BTC) experienced a sudden drop on Bithumb, trading over 10% below other markets. The decline reportedly stemmed from a staff error during an airdrop, where 2,000 BTC ($133M) were mistakenly distributed instead of a smaller KRW reward. Some recipients sold the BTC immediately, leading to a rapid price drop.

According to Michaël van de Poppe, Bitcoin (BTC) has undergone a massive correction, plummeting from $98K to $60K within two weeks. The 200-week moving average now lies beneath current prices, indicating a critical support level. Van de Poppe notes that the largest volume candle occurred when BTC dipped below $60K, suggesting a potential local low. If BTC prices recover slightly, a large wick may form, often observed during capitulation events. Traders are advised to monitor the coming hours and days closely.

According to Lookonchain, Trend Research has deposited 20,000 ETH (valued at $38.6M) to Binance to sell and repay outstanding loans. The firm currently holds 416,149 ETH (valued at $791.5M) on Aave while owing $343.77M. The reported liquidation price range for their holdings is between $1,509 and $1,800, which may influence Ethereum's short-term trading dynamics.

According to Onchain Lens, Trend Research transferred an additional 20,000 ETH, valued at $19.34 million, into Binance. Cumulatively, the organization has deposited 235,588 ETH, worth approximately $516.16 million, into the exchange. The purpose of these transfers appears to be selling the Ethereum to repay outstanding loans, suggesting significant movement in the market.

According to @lookonchain, Konstantin Lomashuk, a prominent Ethereum (ETH) holder, staker, and co-founder of P2P.org and cyber.fund, appears to be offloading significant Ethereum assets. Two wallets, reportedly linked to him, transferred 12,458 stETH and 2,566 ETH to Wintermute, raising speculation about his trading intentions. These movements could signal potential market implications for Ethereum stakeholders.

According to Santiment, Bitcoin's recent price movement from $60K to $65.5K has sparked speculation about whether this is a 'dead cat bounce' or the beginning of a recovery. Crowd sentiment plays a crucial role in such scenarios. Historically, spikes in bearish sentiment, characterized by frequent mentions of 'lower' or 'below', often precede price rebounds, as observed currently. Conversely, spikes in bullish sentiment, marked by mentions of 'higher' or 'above', can signal an impending price drop. Traders should closely monitor these sentiment indicators for potential market moves.

According to @Andre_Dragosch, the current crypto bear market has lasted 122 days (98th percentile) with a 49.6% drawdown, based on his latest dataset (source: @Andre_Dragosch on X). He notes many indicators are comparable to prior bear market bottoms and that there is significant 'duration pain,' but aggregate profit and loss metrics have not fully capitulated, so he believes the final cycle bottom has not yet occurred (source: @Andre_Dragosch on X). He introduced a new cycle bottom probability model to reduce guesswork in timing the low; it has only ticked up slightly and will be updated regularly, indicating the market may be very close but not fully there yet (source: @Andre_Dragosch on X).

According to Lookonchain, the market downturn has led to significant liquidations for trader 0xEc0B, who reportedly faced 21 liquidations on long positions across BTC, ETH, ENA, WIF, NEAR, CRV, and DOGE. These losses, amounting to over $19.7 million, highlight the risks of leveraging in highly volatile cryptocurrency markets.