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BTC has recovered above ~70K after sharp declines earlier in the week. Reuters Analysts note possible relief rallies driven by short covering and dip buying around key psychological levels ($60K–$70K). MarketWatch Technical support currently lies near $60,000–$65,000 with resistance back above $70,000. $BTC $ETH $SWELL
$BTC saw a rapid price surge in just minutes, climbing notably in a short five-minute window and highlighting how quickly momentum can return to the market even amid broader volatility. Sudden moves like this reflect the dynamic and often unpredictable nature of Bitcoin trading, where strong buy pressure or large orders can trigger quick gains.
Such short-term rallies are often driven by concentrated demand on highly liquid pairs, with moves on major exchanges quickly rippling across global markets and attracting attention from traders and analysts alike.
While small time-frame spikes don’t always signal sustained direction, they emphasize the importance of watching order flow and market liquidity for clues on larger trends—especially for $BTC holders and short-term.
Amazon's Massive AI Investment Triggers Stock Drop Amazon, under the leadership of Jeff Bezos, reported a 31% increase in profits last year, reaching $77.7 billion. On Thursday evening, Amazon's stock experienced a sharp decline, extending a broader sell-off in the tech sector. This came after the company revealed plans to boost its AI infrastructure spending by $200 billion. CEO Andy Jassy announced that Amazon's capital expenditures would rise by approximately 60% this year as its cloud division, AWS, works to maintain its competitive edge. This announcement followed Google's disclosure that it would double its AI investment to $185 billion, intensifying the competition among tech giants. Amazon's shares dropped by up to 10% in after-hours trading, erasing nearly $250 billion from its market capitalization. While Amazon's annual revenue climbed 12% to $717 billion, the company warned that higher expenses could lead to lower profits in the first quarter of 2026. In recent months, Mr. Jassy has eliminated tens of thousands of positions at Amazon, resulting in $730 million in severance costs. "Given the strong demand for our current services and emerging opportunities in AI, semiconductors, robotics, and satellite technology, we plan to invest about $200 billion in capital expenditures across Amazon in 2026. We anticipate these investments will yield significant long-term returns," said Mr. Jassy. During a call with investors, Jassy attributed the increased spending to "exceptionally high demand" for AWS, Amazon's cloud platform. He added, "Clients are eager to use AWS for both core and AI-related workloads, and we're scaling up capacity as quickly as possible to meet this demand." Escalating AI Arms Race Among Tech Leaders Major technology firms are ramping up investments in data centers, artificial intelligence, chip manufacturing, and energy infrastructure as they vie for dominance in the rapidly evolving AI landscape.
The AI cryptocurrency market is expected to experience significant growth in 2026, driven by the integration of AI and blockchain technologies. Projects like DeepSnitch AI, Bittensor (TAO), and Internet Computer (ICP) are leading the charge, offering innovative solutions for decentralized finance, machine learning, and data management.$ICP
BlockBeats News, February 5th, according to on-chain data analyst Yujin Monitoring, starting from the afternoon of February 1st, Trend Research has cumulatively liquidated 188,500 ETH at an average stop-loss price of $2,263 in nearly four days, repaying $385 million USDT to reduce leverage.
Currently, the liquidation prices of its multiple ETH leverage positions have dropped to the $1,576 to $1,682 range, mainly concentrated around $1,640.
Current Position: 463,000 ETH (approximately $998 million), average cost price $3,180 Loss: $647 million (Realized loss $173 million, Unrealized loss $474 million) Leveraged Borrowing: $625 million