In 2026, Bitcoin is down roughly 30% since the start of 2024, while gold has gained 153%, highlighting a sharp divergence in performance. An analyst links this gap to expanding global money supply, subdued speculative appetite for tech and SaaS stocks, and falling crypto exchange balances. At the same time, trading interest on crypto platforms has tilted toward gold futures and away from core BTC holdings.

Solana's SOL token has fallen 72% from its $295 all-time high and trades below $188, the level reached when spot SOL ETFs launched in October 2025. Despite the four-month price pullback and slower ETF inflows, onchain data shows leading DEX volumes, rising RWA value and strong address activity compared with rival networks. Technical levels between $51 and $80 and resistance near $120 are being watched as key areas for how this valuation gap might eventually close.

Ether briefly climbed above $2,000 and set a weekly high near $2,150, a level that matches the realized price of wallets holding at least 100,000 ETH. Derivatives data show over $220 million in short liquidations and a funding rate rebound into positive territory, while analysts continue to watch support around $1,800 and potential downside toward the $1,500 area.

On Tuesday, Bitcoin fell to $62,400 before rebounding 7.45% over the next two days. Bulls are eyeing $74,500 as a key threshold tied to holder cost bases and profitability, with a decisive break above it seen as a potential shift in market structure and selling pressure.

Bitcoin fell 35% between Jan. 14 and Feb. 5 and has since traded within a $60,000–$70,000 range. Institutional ETF flows are negative while large holders, miners and corporate treasuries show mixed signals, including slowing monthly additions and a 30-day mean hash rate near 0.99 ZH/s. These indicators outline supply absorption and participation during a range-bound phase.

Spot Bitcoin ETFs are set for a fourth straight month of net withdrawals in February as BTC approaches a fifth negative monthly close. According to checkonchain, ETF net assets fell from nearly $170 billion in October 2025 to $84.3 billion, while flows tracked by Axel Adler Jr. showed 11,042 BTC in outflows between Feb. 12 and Feb. 19.

During the latest New York session, Bitcoin slid to a weekly low near $64,111 but continued to trade inside the three-week range between $65,000 and $71,000. Derivatives data shows negative funding on lower timeframes and flat open interest, while liquidity is stacked around $63,000 on the downside and above $70,000 on the upside. Analysts note that a sweep of the $63,000 area could precede a move back toward the mid-range and possibly a retest of the $70,000 resistance.

Bitcoin's weekly close fell below the 200‑week EMA near $67,628 for the first time since October 2023, ending an 882‑day uptrend. Historical episodes show it has taken roughly 8–30 weeks to reclaim this level, while realized price bands around $55,000 and $42,000 mark potential demand areas.

Bitcoin’s monthly Bollinger Bands have compressed to their narrowest reading on record, a setup analysts associate with powerful follow-up moves. Some chartists highlight that similar volatility squeezes have historically preceded major rallies, although others point to a looming 50- and 200-period moving average death cross and elevated retail long positioning as downside risks. Additional on-chain data shows a deeply negative short-term Sharpe ratio and repeated profit-taking above $70,000, suggesting the market is approaching a key inflection zone.