$BTC $ETH $XRP As of February 17, 2026 (around midday EAT), major markets show mixed to cautious action with no strong broad rebound underway. Recent weeks featured sell-offs driven by AI disruption fears in tech/growth sectors, tariff concerns, and lingering macro uncertainty, but some stabilization and minor bounces have appeared.Stock Market UpdateUS equities are choppy and range-bound:
S&P 500 hovering around 6,830–6,836 (flat to slightly up intraday, after back-to-back weekly losses and failing to reclaim 7,000).Dow Jones near 49,500 (modest gains in thin holiday-impacted trade).Nasdaq weaker around 22,500–22,550 (tech-heavy, under pressure from AI jitters and software sector weakness).
Broader rotation favors value, small-caps (Russell 2000 outperforming), industrials, energy, and international/emerging markets over big tech. Inflation data has cooled (core at lowest since 2021), but Fed likely holds rates near-term. No major rebound yet—more consolidation with risk of further downside if AI fears persist.
Crypto Market UpdateCrypto remains under pressure with Bitcoin consolidating:
Bitcoin (BTC) trading around $68,000–$68,400 (down ~1–2% recently after brief reclaim of $70,000 earlier in February; leverage building on dip buys, but outflows from BTC ETFs continue for weeks).Ethereum (ETH) near $1,975–$1,985 (underperforming BTC slightly).
Overall market cap down ~2–3% daily in spots, with sentiment in "extreme fear" territory and altcoins muted. Some signs of capitulation (negative funding rates, whale/miner stabilization), hinting at potential bottoming, but no confirmed strong rebound—watch $67,500 support for BTC (break could flush lower; hold might spark bounce toward $70k+).
Trade Signal (General Observation, Not Advice)
Short-term cautious/bearish bias in risk assets (stocks/crypto) amid overhead resistance and macro overhangs—favor dips for potential short squeezes but avoid aggressive longs without confirmation.Look for bullish signals like BTC reclaiming $68,500–$69,000 firmly or S&P holding above 6,800 with volume. Value rotation (e.g., small-caps, internationals) shows relative strength.Risk management key: Thin volumes (holidays) amplify moves.
Markets volatile—always DYOR and consider broader context.
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