ethereum

📉 Market in Panic Mode
Crypto collapses, record oversold the end or a new beginning?
Bitcoin drops to $60,000, Ethereum officially breaks below the $2,000 level, the Fear and Greed Index is immediately pushed down to 5 points a record number signaling extreme fear that we have not seen for many years, even during the darkest periods of the market.
With the context of crypto collapsing and being in a state of panic, the only question right now is whether investors still have any hope.
As Bitcoin consecutively loses important levels, Altcoins are almost completely silent and the Ethereum ecosystem is facing life-or-death changes.
In today’s video, Eric will break down the truth behind the recent events to find the answer to the most important question right now: is this the end of an empire or the beginning of a new era?
⸻

#Bitcoin❗ : Extreme Oversold and Exhaustion
Looking at the Bitcoin chart right now, Eric believes the general feeling can be summed up in one word: exhaustion.
The danger of the current crypto collapse does not come from negative news, but from prolonged frustration that erodes the confidence of any investor, even the most persistent one.
There is an important piece of data we need to carefully evaluate: Bitcoin is falling into a stronger oversold state than during the Covid period in 2020.
Back then, the world was locked down, finance was in chaos, and high risk assets like Bitcoin were rumored to be going to zero. Yet even at that time, the oversold level did not break deeply below 30.
Now, there is no pandemic, no systemic financial collapse, nothing large enough to justify it yet BTC is being sold off more aggressively than during that period.
This reflects a harsh truth: people are selling because they are giving up. Investors have run out of patience. They no longer believe in the dream of quick profits.
The common mindset now is: crypto has collapsed, why hold and stress over it? Look at gold or stocks they are rallying.
When that thinking spreads, people quietly exit the game.
More worrying is the price reaction after deep drops. Bitcoin at one point fell to $60,000 an alarming number. Normally at such levels we expect strong buying pressure, dip-buyers stepping in, creating a powerful rebound that shows buyers are still present.
But no. No strong bounce. No excitement. No sign of big players accumulating.
This frightening silence is the real concern. When price drops and buying pressure disappears, it shows both buyers and sellers are exhausted.
Those who wanted to cut losses already did. Those who want to buy are too afraid to act.
The market is entering a state of complete abandonment. Arguments disappear. Hope weakens. Almost no one expects anything anymore.
If we ignore emotions and look at cycle data, the picture becomes more interesting. The 2 year MVRV Z-score is at the most oversold level ever recorded, currently in negative territory.
When MVRV Z-score falls into negative territory, it shows Bitcoin is undervalued compared to historical norms. This is usually an extremely pessimistic stage, selling pressure gradually weakens, and historically it has often coincided with long-term bottom zones.
You can think of this as an accumulation zone. Price may fluctuate further, but it is where risk is lowest for big players to buy.
Additionally, the on chain realized price indicator is approaching levels where all major bottoms of previous cycles formed. Since 2012, this has been a positive signal because it shows selling pressure has been exhausted.
When crypto collapses completely, sometimes only a small amount of capital is needed to trigger a strong rebound.
Of course, no one can guarantee this is the bottom. Bitcoin could still drop further and sweep all support levels. But history is golden data.
Bottoms are not built on belief. They are built on exhaustion.
Only when everyone wants to give up and stop predicting does opportunity emerge.
Bitcoin has fallen to levels where most investors can only sigh.
But if Bitcoin is suffering like this, what about Altcoins?
⸻

🪙 Altcoins: Standing at the Edge
After months of continuous decline, the Altcoin market looks devastated.
Most coins from rising stars to veteran projects have lost more than 50% of their value from their peaks.
Projects once hailed as blockchain saviors have nearly disappeared from community discussions.
To understand what is happening, we must look at Total High the index representing total crypto market cap excluding Bitcoin and stablecoins.
Why Total High? Because it is the purest test of Altcoin health. It directly reflects capital flowing into #Ethereum , #Solana , #XRP , #BNB without being distorted by Bitcoin’s dominance or stablecoin safe haven capital.
For over two years, Total High has moved within a disciplined ascending channel.
Historically, every time it touched the lower boundary of this channel, memorable events followed.
April 2024: Altcoins were deeply bearish. Many believed crypto had collapsed. Yet from that channel bottom, the market compressed and later exploded, fueled by the US election narrative and Donald Trump’s pro crypto stance, creating a spectacular rally in November 2024.
April 2025: Total High dropped again due to tariff concerns. But investors clung to the 4 year Bitcoin cycle and Trump’s re-election promises of crypto growth. Altcoins recovered.
The common factor? Crypto always found a compelling narrative that made people believe tomorrow would be better.
But now the context has changed alarmingly.
Altcoins are once again at the bottom of the 2-year ascending channel. However, the weapons that helped before seem worn out.
Trump is back in the White House, but the market has not exploded as promised. The 4-year cycle is being questioned. There has been no real uptrend yet.
Global liquidity has not loosened enough for risk assets to attract capital. Smart money appears to be flowing into gold and AI tech stocks instead, leaving crypto with serious liquidity shortages.
The market lacks a strong narrative to convince whales to deploy capital into Altcoins.
Best case scenario: the channel structure holds and Altcoins stage a technical rebound.
Worst case scenario: Total High breaks the 2-year uptrend. That would be disastrous long term support and remaining investor confidence would be destroyed.
If that happens, another 20-30% drop in Altcoins is entirely possible.
In such a collapse, price prediction matters less than capital management.
Eric personally approaches this period with extreme caution. If buying, he allocates only a small portion into top Altcoins for short-term technical bounces. Preserving capital is the priority.
Community interest is also telling. Almost no one talks about Altcoin season anymore.
People talk about gold, silver, stocks. They don’t ask how much they can make they ask whether they should still hold.
Historically, Altcoin season never begins when the crowd still hopes. It begins when most have truly given up.
But despair does not guarantee immediate rebound. The biggest danger is buying without understanding what is actually suppressing the market.
⸻

🏛 Ethereum & Layer 2: Strategic Repositioning
Speaking of Altcoins, we cannot ignore Ethereum the soul of crypto.
Instead of being a launchpad, Ethereum is at a turning point after statements from Vitalik Buterin.
Layer 2 solutions were once seen as Ethereum’s saviors. From 2020-2021, DeFi and NFT booms congested the network. Gas fees skyrocketed.
Layer 2s like Arbitrum, Optimism, and Base emerged, processing thousands of transactions cheaply before settling on Layer 1.
By 2023-2024, Layer 2 dominated activity. Ethereum stepped back to act as final validator.
But concerns arose: were Layer 2s draining Ethereum’s value? As TVL and attention flowed to them, ETH price momentum weakened.
Upgrades like Petra, Fusaka, and Hardfork Amsterdam aimed to strengthen Layer 1 increasing gas limits, improving consensus, doubling data capacity, lowering costs.
With Layer 1 becoming stronger and cheaper, Layer 2’s necessity became less convincing.
Vitalik stated that treating Layer 2 as the only salvation is no longer appropriate. This is not abolishing them, but repositioning. They must stand on their own merit, not just Ethereum’s brand.
⸻
🏦 Institutions vs Retail: A Different Perspective
While retail investors panic, some institutions remain optimistic.
Matt Hougan of Bitwise shared that many brokerage clients still have zero crypto allocation and aim to raise it to 2%. That may sound small, but at institutional scale it is massive capital.
They don’t need Bitcoin to double instantly. They need stability, liquidity, and regulatory clarity.
Strategy holds over 713,000 BTC at an average price around $76,000. Despite unrealized losses, they continue buying. CEO Phong Le stated their strategy is built even for extreme downside scenarios.
The difference is mindset: retail sees risk in falling prices; institutions see opportunity.
However, ETF flows tell a mixed story. Bitcoin and Ethereum ETFs have seen significant outflows recently. Some funds like BlackRock’s IBIT still record inflows, showing selective institutional positioning.
Ethereum ETFs face heavier outflows, suggesting ETH is lagging behind Bitcoin in institutional perception.
Overall, ETF markets are defensive, reflecting risk-off sentiment.
⸻
❓ Conclusion: The End or a Silent Beginning?
No one knows.
Instead of guessing bottoms or chasing uncertain rebounds, the priority is careful observation:
• Where is capital flowing?
• Can Bitcoin maintain structure?
• Are Altcoins forming a base?
Patience is essential.
The market may not be ready for a new bull cycle yet, but it also no longer operates purely on fear logic.
Perhaps within this chaos, the next cyclcle is quietly forming. 🌅
$BTC $ETH $XRP

Wall Street institutions are adding exposure to BitMine Immersion Technologies, reinforcing the company’s position as a proxy for institutional interest in Ethereum. The renewed activity around BitMine aligns with broader growth in institutional $ETH exposure.

BlackRock’s Ethereum holdings have recently expanded, a shift that coincides with rising whale accumulation in ETH and increases in large-bank ETF exposure, as reported by Analytics Insight. That backdrop has sharpened focus on BitMine’s role as an ETH-centric corporate treasury and staking operator.
Why it matters: BitMine’s Ethereum treasury strategy and institutional ETH exposure
BitMine’s model centers on acquiring, holding, and staking Ethereum as a core corporate treasury asset, rather than running a traditional proof-of-work mining business. The aim is to convert balance sheet exposure into an on-chain position that can potentially earn staking rewards while remaining aligned with institutional ETH adoption.

This approach concentrates risk in a single asset while introducing protocol and validator dependencies, but it may also connect the company to emerging use cases such as stablecoin settlement and tokenized real-world assets on Ethereum. Execution quality around custody, validator operations, and treasury risk management remains pivotal.

Leadership has framed the shift as aligned with growing institutional interest in Ethereum. “Clearly Wall Street is getting ‘ETH-pilled,’” said Jonathan Bates, Chief Executive Officer of BitMine.

Immediate impact: BMNR up ~6% with $1.03B volume spike
Shares of BitMine (BMNR) rose about 6% with trading volume near $1.03 billion, based on BitMine Immersion Technologies’ Feb. 13 trading update. The company has also disclosed multi-million-ETH holdings and significant staking activity, alongside unrealized losses tied to rapid accumulation; its shares had previously fallen sharply over the past six months before the latest rebound.

Within those disclosures, the company reported total ETH holdings in the multi-million range, including a large staked ETH balance, and noted plans to roll out its MAVAN staking solution in Q1 2026. The figures underscore how BitMine’s equity remains a levered expression of institutional ETH exposure and treasury concentration risk.

In broader market context at the time of this writing, Bitcoin traded around $70,185 with bearish sentiment, very high 12.37% volatility, an RSI near 38.69, and 10 green days out of the last 30, based on market data.
#Ethereum

$ETH just pulled off what critics called impossible, and the charts are gearing up to reflect it. If you've been waiting for a signal, this might be the golden pocket you are looking for. Let’s break down exactly why $ETH is looking incredibly bullish right now. 🧵👇

1️⃣ The Fundamental Catalyst: Scaling is Actually Working!
Look at the on-chain data: Weekly transactions just hit an all-time high of 17.3 MILLION, but the median fee has collapsed to just $0.008.
Let that sink in. Back in 2021, similar network demand sent fees skyrocketing over $25. Today? We have peak usage at near-zero costs. This divergence means mass adoption is accelerating with zero friction. The scaling roadmap is delivering, and this is the exact fundamental combo bulls need.

2️⃣ The Technical Setup: Multi-Timeframe Alignment
I’ve just analyzed the live charts (1m, 15m, 1H, and 1D), and the technicals are flashing strong continuation signals:

Short/Mid-Term (15m & 1H): The Supertrend indicator is printing a solid GREEN buy zone. We are seeing healthy consolidation around the $2,090 level, establishing a strong local floor. RSI is sitting in the bullish 65-67 range—momentum is strong, but we aren't dangerously overbought yet.

Macro Trend (1D): This is where it gets exciting. After bouncing off the $1,736 bottom, the Daily MACD is just starting to print a bullish crossover (green histogram). The daily reversal is in play!

📊 THE TRADE SETUP (LONG) 📈

Based on the data confluence, here is a high-probability trade setup:

🟢 Entry Zone: $2,085 - $2,095 (Current Market Level)

🎯 Target 1 (TP1): $2,125 (Breaking the recent local high)

🎯 Target 2 (TP2): $2,180 - $2,200 (Next major resistance block)

🛑 Stop Loss (SL): $2,030 (Just below the 1H Supertrend support level to invalidate the setup safely)

⚖️ Leverage: Keep it reasonable (5x - 10x max). Let the trend work for you.

The Verdict: Cheap blockspace + Record usage + Bullish technical indicators = A massive pressure cooker.

What are your thoughts, traders? Are you longing $ETH here or waiting for a deeper pullback? Let me know in the comments! 👇🗣️

#Ethereum #ETH #CryptoTrading #TechnicalAnalysis #BullMarket