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Just hours after Strategy’s massive Bitcoin position briefly dipped into the red, Strategy's Michael Saylor took to X (formerly Twitter) with a cryptic but characteristic show of defiance: "More Orange."

The two-word post was accompanied by a chart from StrategyTracker showing the company’s history of Bitcoin accumulations.

Of course, "orange" refers to the orange dots on the chart that signify purchase events.

The "underwater" scare

The tweet comes at a precarious moment for the Tysons Corner-based software firm turned Bitcoin treasury.

According to data released Sunday, Strategy now holds a staggering 712,647 BTC. However, the company’s aggressive purchasing spree has pushed its average cost basis up to $76,038 per coin.

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Early Sunday morning, Bitcoin’s price slipped to approximately $75,500, technically dragging the value of Strategy's holdings below what they paid for them. It was a symbolic blow that invited immediate "investor ridicule" on social media, with detractors pointing out that the company’s $55.8 billion reserve was, for the first time in months, underwater.

Despite the online noise, financial analysts note that the company is not facing an existential crisis.

"Friendly reminder that MSTR's debt is unsecured. The earliest puttable debt is 2028. And it has enough cash on hand to pay dividends for 2.5 years. Nothing at all happens to MSTR at BTC cost basis. Zero risk of near-term leverage blow-up," analyst Brian Brookshire has stated.

A further drop remains the more likely scenario for most of the coins, according to CoinStats.

BTC/USD

The rate of Bitcoin (BTC) has declined by 5.35% over the last day.

On the hourly chart, the price of BTC is about to fix below the local support at $77,181. If it happens, the decline may lead to a test of the $75,000-$76,000 zone tomorrow.

On the bigger time frame, the rate of the main crypto is far from the main levels. In this case, one should focus on the candle closure in terms of yesterday's bar low.

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If it happens below $75,555, the decline is likely to continue to the $70,000 zone.

From the midterm point of view, the nearest level at $73,794 plays an important role in terms of further price movements. If a false breakout happens, there is a possibility to see a bounce back to the $76,000-$78,000 range.

Bitcoin is trading at $77,118 at press time.

The crypto market keeps reaching new local lows, according to CoinStats.

XLM/USD

The rate of Stellar (XLM) has declined by 2.11% since yesterday. Over the last week, the price has fallen by 16.6%.

On the hourly chart, the price of XLM is about to break the local support at $0.1743. If bears' pressure continues and the daily bar closes below that mark, one can expect a test of the $0.17 zone tomorrow.

On the bigger time frame, the rate of XLM is on the way to the support at $0.16. The volume remains high, which means buyers are not ready yet to seize the initiative.

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In this case, an ongoing decline to the aforementioned level is the more likely scenario for the next days.

From the midterm point of view, sellers are also more powerful than buyers. If a breakout of the $0.16 level happens, the accumulated energy can be enough for a more profound drop to the $0.14-$0.15 zone.

XLM is trading at $0.1736 at press time.

The end of the week is bearish for most of the coins, according to CoinMarketCap.

SHIB/USD

The price of SHIB has dropped by 0.17% over the last 24 hours.

On the hourly chart, the rate of SHIB keeps going down after a false breakout of the local support at $0.00000671. If the daily bar closes below that mark, there is a chance to see a test of the $0.00000650 range shortly.

On the bigger time frame, there are also no reversal signals so far. In this case, one should pay attention to the nearest level of $0.00000678.

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If a breakout happens, traders may witness a further decline to the $0.00000600 zone over the next few days.

A similar picture is on the weekly time frame. If sellers' pressure continues, the accumulated energy might be enough for a dump to the next support level at $0.00000543.

SHIB is trading at $0.00000671 at press time.

Ethereum has crashed below $2,400, but a whale's contrarian approach is drawing attention in the market.

Ethereum fell to a low of $2,245 on Saturday as selling intensified in the crypto market. As Ethereum fell in the market, Lookonchain revealed a whale opened a 20× long on 6,000 ETH worth $14.37 million.

ETH has broken below $2,400!Someone just deposited 2.56M $USDC into #Hyperliquid and opened a 20× long on 6,000 $ETH($14.37M).https://t.co/i3vvPeiZJ6 pic.twitter.com/vXVb1zp8sR

— Lookonchain (@lookonchain) January 31, 2026

The whale's approach refers to a contrarian strategy, obviously made in good faith that prices might soon rebound and comes as traders and investors capitulate across the market.

According to Lookonchain, Trend Research, which previously bought 651,310 ETH worth $1.56 billion, appears to be capitulating as it deposited 10,000 ETH worth $24.34 million into Binance.

Ethereum price crashes

Over $2.45 billion in crypto positions were liquidated in 24 hours, with the largest single liquidation being a $222.65 million ETH USD order on the Hyperliquid exchange.

Ethereum led the sell-off in the market, with over $1.07 billion in positions wiped out in the last 24 hours as it fell more than 10%, followed by about $774 million in Bitcoin.

At press time, ETH was down 7.12% in the last 24 hours to $2,341 and down 20% weekly.

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Losses increased following forced selling in the derivatives markets. Liquidations rose as Ethereum fell, compounding pressure on spot prices.

Reversal coming?

Liquidation data from CoinGlass shows the sell-off was one-sided, with long positions accounting for the majority of that seen in the last 24 hours.

Long positions accounted for the majority of liquidations, coming in at $2.27 billion, with shorts accounting for only $180 million, suggesting bullish traders were caught unawares. The massive long liquidations coinciding with thin liquidity might suggest a reset following a leverage flush.

RSI indicators are now at oversold levels, below 30, hinting at the possibility of a relief rally in the coming sessions.

Shiba Inu fell to lows last seen in October 2023 as the crypto market deepened a sell-off that has persisted in recent weeks.

A total of $2.45 billion has been liquidated alone in the last 24 hours following a weekend drop, with significant losses recorded among most digital assets. Long positions accounted for the majority of liquidations, coming in at $2.27 billion, with shorts accounting for only $180 million.

This imbalance points to traders being caught unawares by the crash while staying optimistic about a rebound after weeks of range-bound price action in the markets.

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Amid the price drop, Shiba Inu saw its open interest crash, falling 11%. According to CoinGlass, Shiba Inu's open interest came in at $75.74 million, with futures flow dropping 193% in the last 24 hours, suggesting traders reducing exposure in the derivatives market.

Thin weekend liquidity increased selling pressure as trading volumes declined into the weekend, a setup that might boost volatility.

SHIB price drops

Shiba Inu saw a sharp price drop on Saturday, falling to a low of $0.00000617 last seen nearly three years ago, in a four-day drop.

Shiba Inu team member Lucie reacts to the market crash, which has seen $2.45 billion in positions wiped out, saying: "these crashes all follow the same script. Over-leverage, panic, forced selling, repeat. Survival in crypto is not about timing every move. It is about a strong community and staying present when everything shakes." "But we got this," Lucie added.

The thin liquidity hanging over the market alongside risk appetite waning might suggest more of a reset.

Shiba Inu has broadly declined since the Jan. 5 high of $0.00001008; meanwhile, RSI indicators are nearing oversold levels at 30, hinting at the possibility of a relief rally in the coming sessions.

In the event of a rebound, Shiba Inu might target $0.00000785, $0.00001008 and then $0.00001047. Support lies next at $0.0000055 if the declines continue.

Ripple CTO emeritus breaks silence on XRP and XLM in Epstein files

Ripple was mentioned in the newly released Epstein files. The former Ripple CTO has addressed claims linking Ripple, Stellar and XRP to Epstein.

An online discussion involving members of the XRP community prompted a public response from Ripple’s Chief Technology Officer Emeritus David Schwartz, who addressed claims circulating on X that attempted to link Ripple and Stellar to Jeffrey Epstein.

Schwartz stated that he is not aware of any connections between Jeffrey Epstein and Ripple, XRP, or Stellar. He added that he knows of no evidence suggesting that anyone at Ripple or Stellar ever met Epstein or individuals closely associated with him.

Schwartz also acknowledged that there are indirect links between Epstein and some individuals connected to Bitcoin, but noted that such connections are not unusual given Epstein’s proximity to extremely wealthy figures across various industries.

Peter Brandt sets $93,000 as key level for Bitcoin trend reversal

Legendary tradershares new take on Bitcoin price, flags $93,000 mark as the needed level to negate the current downtrend.

Peter Brandt has dropped a new price rebound target for Bitcoin (BTC) after the coin shed more than 5.2% in the last seven days. Brandt opines that Bitcoin is likely to continue on its bearish momentum unless it can reclaim $93,000 and stabilize above that point.

Notably, Brandt relied on technical charts to argue his point. According to him, Bitcoin is in a "bear channel." This is a downward-sloping price range where lower highs and lower lows keep forming. Brandt maintains that Bitcoin's moves in the bear channel have "been completed."

Ripple reiterates XRP's central role amid ecosystem expansion

The executives aremoving to reassure the community that XRP remains the "heartbeat" of the company’s rapidly diversifying ecosystem.

Ripple is sending a clear signal to the market and its community: XRP remains the central engine of its corporate strategy. This comes amid the company's rapid expansion into custody, stablecoins, and prime brokerage.

In a recent statement on X, Ripple executive Reece Merrick addressed the issue, stating, "XRP will continue to be at the heart" of the San Francisco-based enterprise blockchain company.

There is a major update scheduled for mid-February, where the company plans to outline exactly how the digital asset fits into its evolving ecosystem. Monica Long (Ripple President) will lead the discussion, moderated by Jacquelyn Melinek (CEO of Token Relations).

SHIB enters symmetrical triangle as volatility compresses

Shiba Inu could beready for a volatility explosion sooner than many anticipate.

As Shiba Inu narrows into one of the tightest structures it has printed in months, the chart is approaching a decision point, and the price is presently trapped inside a symmetrical triangle, a traditional sign of a market storing energy before a directional move due to declining volatility, converging trendlines and contracting candle bodies.

This is not random sideways action, because the triangle is forming following a long downward trend, which alters its interpretation and shifts expectations away from simple continuation selling.

Instead of continuation selling, the structure suggests seller fatigue, where every push lower is weaker, buyers are getting involved earlier and the lows are rising, suggesting a slight shift even though the overhead pressure is still present.

XRP millionaire wallets rise despite 2026 price pressure

XRPsees a massive selling pressure spike, mentions how things are turning out for it and what investors should anticipate.

Wallets with a minimum of one million XRP are growing for the first time since September, and the ledger now shows a net gain of 42 additional millionaire wallets, indicating a structural change in holder behavior.

This development implies that while short-term traders respond to volatility, large participants are covertly accumulating, and in the past, periods of better price performance have been preceded by increases in large wallet counts.

The bullish case for Litecoin is not dead, it is just buried under six years of boredom. However,Aksel Kibar, a classical chartist who recently got a cosign fromlegendary trader Peter Brandt, believes that LTC/USD may be entering its "last chance" zone.

The asset, long dubbed "digital silver" to Bitcoin's "digital gold" label, is resting on a decade-long ascending trend line that has acted as both a runway and a lifeline. Now, with the price at $59.20, the trendline sits at exactly $63 — Kibar’s "last chance" level.

The headline number of $400 for LTC is not delusional optimism, and theLTC/USD chart structure indeed looks mathematically sound though it has been brutally ignored by the market.

Litecoin’s entire post-2021 decline unfolded within a parallel channel, with peaks near $147 and symmetrical lows forming a textbook accumulation base. A breakout from this channel projects straight to $400, a level that has not been reached since the peak of the 2021 cycle.

There is a catch for Litecoin (LTC) price

As always there is one, if the price dips below $47 for LTC, the whole thing falls apart. No breakout occurs, and no parabola forms. There is only decay.

That is why Kibar's phrase "last chance" rings with both opportunity and warning. He is not suggesting some crazy, unrealistic ideas. He is talking about maintaining structural integrity of the current range. If it breaks, everything breaks.

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Support from Peter Brandt makes things only more compelling. When a macro trading expert with 50-years expertise says that Kibar is his #1 chartist right now, it is just ignorant not to pay attention.

All in all, the 2026 story ofLitecoin is about to change, potentially making it the most ignored coin on the market following the oldest rules.

Bitcoin started February 2026 with a 10.1% drop, and now it is sitting at around $78,700— which is over $45,000 less than the cycle high. But ifCryptoRank's price history data is anything to go by, February might not be the disaster everyone is preparing for. Actually, it is the opposite: Bitcoin did great in February.

It had one of the best average and median gains of any month on record, with an increase of +13.4% and +11.6%, respectively. Only April and October have better numbers.

For the past 12 years,BTC has had a February gain 9 times out of 13. The outliers — 2020, 2014, 2012 — are rare and often linked to big events in the economy. But even then, it is not unusual to have a deep January red followed by a green February.

After a weak -0.28% in January, February still had a +5.64% print in 2018. In 2023, February barely moved at -0.01%, but then March went up by a whopping +23.1%.

Saylor and Strategy show way for Bitcoin

Bitcoin's weekly candle shows a 9.18% drop right now, but it is the retest of the $73,000-$76,000 support zone that could change the tempo. This is where Michael Saylor's Strategy has its average purchase price on a crazy 712,647 BTC stack — so it is only logical to set traps here. And February's seasonal stats back that up.

It is interesting to note that 2013, 2014, 2015 and 2021 all had double-digit rallies in February, even after tough conditions in January. In 2021, February's growth spurted by a whopping 36%, following January's modest 14.3% uptick. This mirrors the 2025 trend, where the year kicked off with a 9.54% gain.

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The breakdown on Feb. 1 might just be the shakeout needed to reframe a textbook bullish setup. If history repeats itself, we could see a shift back to $90,000-$98,000 before March.

Even though everyone is panicking, February does not play out the same as January. It rarely collapses twice in a row — and when it doesn't, the snapbacks are violent. Don't let the red fool you.

One of the most accurate traders in the crypto space, who is known for predicting XRP’s multi-month 700% surge back in late 2024, justissued aBitcoin price outlook. And this time, his tone is anything but euphoric.

DonAlt, the analyst who was one of early ones to voice key XRP forecasts during 2024-2025, recently posted abrutal Bitcoin chart breakdown as for him the current price action is "unfortunate but predictable."

His verdict: $77,000 is not just an unfortunate slip, but an unwelcome confirmation of the breakdown structure.

The weekly chart he shared paints a ruthless narrative withBitcoin having now lost the $86,000 zone — an area characterized as a volatile and indecisive mid-tier zone that once acted as support.

The moment the price dropped below that level, DonAlt identified only two zones of interest: the high $60,000s for value buying and above $85,000 to demonstrate that bulls still have strength.

Anything for Bitcoin bulls?

There is still room for positivity as his upside scenario points to a full reversal targeting $150,000, but only if $104,000 is cleared. However, this looks increasingly unlikely as of now. Blame risk sentiment across global markets, absurd levels of perpetual futures trading or the fact that crypto became unfashionable again, the verdict is the same.

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DonAlt has a proven track record as his Ethereum macro calls in early 2022 and XRP reversal thread from mid-2023 were both high-precision bottom signals. The fact that he is now losing faith in Bitcoin at $77,000 will likely unsettle leveraged longs and short-term optimists all together.

For now, he seems to be watching with sniper patience, waiting for either capitulation into the high $60,000s or a breakout from the range that was just invalidated.

February kicks off with trouble for XRP and Ethereum, but Cardano might be getting ready to surprise. XRP just lost a key technical level that now may lead to -77%. Ethereum got hit by a $242 million deposit from a whale that was present since the Satoshi era, right before its price slipped under $2,420.

But ADA? It is stepping into what has historically been its best month, and nobody is talking about it.

TL;DR

XRP loses monthly mid-Bollinger band, puts $0.37 downside on the menu.ETH drops 8.5% as 100,000 ETH worth $242.7 million lands on Binance from an old-school whale.ADA heads into February with a hidden +24.4% average return record.XRP activates -77% scenario: Bollinger Bands warn

XRP’s monthly chart just triggered a red flag as for the first time in over a year, it closed below its mid-Bollinger Band. To put it simply, it is a level that historically separates strength from weakness.

Now as this happened the main scenario forthe XRP price is to visit $0.37, which is 77% below the current price point.

The next big level to watch is the lower Bollinger Band, sitting down at $0.374. That is a long way from the current price of $1.64, but with bull momentum from 2024-2025 gone and bulls missing key support at $1.93, the chart bias flips without any argument.

What worsens the situation is that the signal is not just technical, it is psychological too. The mid-band on monthly Bollinger charts often acts as a confidence anchor for the long-term. Once the price breaks under it with a full candle close, trend traders flip defensive. That is what just happened.

XRP hit $3.60 at its peak in 2025, but has now lost over half of that value. And with no strong reversal signs in place, this looks like the slow bleeding will continue. Notably, this move mirrors the structure from the 2021-2022 breakdown, where the price slid from $1.90 to $0.30 over four brutal months.

Order book data also shows sell-side liquidity clustering around the $1.7-$1.75 zone, adding to upside rejection pressure. Unless buyers reclaim the $1.93 level fast and turn this whole dip into a fakeout, the lower band magnet could pull the price down toward $1.45, then $0.37.

Satoshi-era Bitcoin whale just dumped 100,000 ETH on Binance

One of the oldest wallets on the blockchain tied to earlyBitcoin mining days (from 2010-2011) dumped exactly 99,999 ETH — worth $242.7 million — straight into Binance a few minutes ago.

The wallet, tagged by Arkham as "BTC OG $BTC to $ETH," has been dormant for years. Now, suddenly, it is active again — and its first move is to drop a giant bag of ETH into an exchange hot wallet.

That move did not go in isolation. Ethereum fell over 8.5% in the past 24 hours and now trades at $2,411. The daily chart confirms a sell-off after breaking below the $2,700 zone earlier this week. No support is holding for now.

Just in : The #Bitcoin OG (10/11) deposited 100k $ETH ($242.7M) into #Binance.https://t.co/QyRQ8zy999 pic.twitter.com/QvHhEDwTNE

— Onchain Lens (@OnchainLens) February 1, 2026

The whale’s entire portfolio still holds 472,643 ETH, along with 31,609 BTC valued at $2.49 billion, plus 180,827 AETHWETH and a few smaller altcoin exposures. But it is Ethereum that got hit, and hard.

The market has already been under pressure from ETF outflows and macro risk-off signals. A huge Binance inflow from a dormant OG wallet does not just trigger headlines — it triggers algo-driven spot and futures reactions. Multiple desks noted short positioning increasing minutes after the inflow alert went live.

Cardano could outrun market in February, forgotten 25% record proves

While the rest of the market froze in crypto winter vibes, Cardano might be on the verge of a bullish under-the-radar move. Looking at its price history by CryptoRank, February is one of ADA’s best months by far, with an average return of +24.4% and a monster +277.9% gain back in 2021.

For comparison: Ethereum’s median return in February is negative (-9.05%), and XRP’s is worse. Cardano, on the other hand, has a track record of delivering again and again in this particular month.

It started February with just a +0.12% uptick, but that is how past runs began too. Historically,the ADA price tends to follow BTC’s trend with a lag. So if Bitcoin stays range-bound, ADA might be the first to bounce.

The price action in ADA also tends to accelerate late in the month. In multiple years — 2021, 2023, 2024 — early February was flat or down before the price moved into a breakout pattern. That setup seems to be repeating.

This might be the best “quiet” setup in the top 20 right now. While ETH and XRP deal with panic, Cardano is drifting sideways into a month where it tends to wake up.

Crypto market outlook: Key levels to watch for XRP, BTC, ETH and ADA

The market’s tone right now is cautious, but not collapsed. Eyes are on whether XRP finds a lifeline or continues toward breakdown territory, if Ethereum’s whale dump is a one-off or a trend and whether Cardano finally gets its “flowers“ this month.

Things could shift mid-February if ETF flows return or if macro catalysts trigger renewed risk appetite. Until then, expect chop, a “crab market“ and isolated setups like ADA to stand out while the majors recalibrate.

Bitcoin (BTC):at $78,777 with short-term resistance at $81,300 and support at $73,786. Keep in mind the $63,254 level, where Peter Brandt already set a flush target.Ethereum (ETH): at $2,411.69 with upside capped at $2,700 and a wider resistance line near the 200-day MA at $3,002. First support sits at $2,200, followed by $2,060 as a macro-level defense.XRP (XRP): at $1.64, having failed to reclaim the $1.93 mid-Bollinger line and with a key psychological resistance at $2.00. Structural support now at $1.45, with $0.374 as the monthly lower band target should the breakdown continue.Cardano (ADA): historical February setups point to +24.4% average returns. Resistance sits at $0.40, with breakout targets at $0.48 and $0.53. Closest support at $0.34. Watch for a late-month rally.

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After failing to hold its position above significant moving averages, Ethereum's price action fell sharply toward the $2,400 region, putting it under intense selling pressure once more. Because of the general weakness of the cryptocurrency market, which has traders on edge as volatility spikes across major assets, ETH has passed through several technical supports.

Whales are buying

Recent on-chain tracking indicates that 7 Siblings, a well-known whale entity group, has been actively purchasing Ethereum during this latest sell-off. Transaction data shows that the group intentionally engaged in dip-buying as market panic spread, spending roughly $31 million over the past 10 hours alone to buy 12,771 ETH at an average price near $2,427.

This behavior shows a recurring pattern: whenever Ethereum experiences notable declines due to liquidation, this whale group tends to accumulate sizable sums, their strategy appears to be focused on absorbing liquidity during fear-driven sell-offs, often placing themselves ahead of eventual recoveries rather than chasing rallies.

Out in the open

In technical terms, Ethereum recently broke below a consolidation range that had been in place for most of January, triggering stops and accelerating the decline. Short-term bearish control is established now that the price is below the 50 and 100 EMAs, however, the $2,400-$2,350 range, where demand has regularly surfaced during prior corrections, is a historically significant support.

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Additionally, the volume during the most recent decline has increased, indicating circumstances akin to capitulation, these spikes often signal the end of a sell-off, especially when paired with clear whale accumulation. This combination suggests that although volatility may continue, downward momentum may be nearing exhaustion.

There is still a need for caution. If the market as a whole keeps declining and Ethereum clearly loses the $2,400 mark, its price may fall toward the next support level, which is near $2,200, however, stabilization and eventually a recovery bounce could result from a successful defense of this region, especially if whale accumulation persists.

Right now the most important question is whether large buyers like 7 Siblings are signaling a long-term bottom or are just positioning early.

After a brutal end-of-the-week sell-off,Shiba Inu (SHIB) is once again circling the same accumulation band that sparked two of the most vertical rallies in its chart history — first a 1,200% surge in 2021, then a 526% pop in 2024. Both originated from what now appears to be a long-term price compression zone just below the $0.00001 threshold.

Now that "legendary" level is back in focus as visible on theTradingView chart.

Some may call it a fractal, others a stone-cold bottom, but one thing is for sure: ifSHIB's 2026 cycle follows the same sequence as five and two years ago — bottoming out around $0.00000750 and then repeating even the median of its previous percentage moves — the projection points to a 700% upside from here, placing SHIB near $0.00006 at its peak.

"Hopium" math? Rather a basic reaction projection assuming similar liquidity expansion and flows across Q2 and Q3.

Shiba Inu (SHIB) price: What to expect?

What made 2024 unique was the blend of seasonal flows and a surprise meme coin resurgence led by Dogecoin. If those dynamics — particularly the synchronized exchange inflows and whales returning to cold storage accumulation — repeat this year, the conditions could align again.

For now, SHIB is quoted at $0.0000078, and the matter of fact is that it is the same weeklyShiba Inu price structure that produced multi-hundred percent bounces in past cycles. Fair to say, bull ones.

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The risk is not in assuming another parabola. The risk is ignoring a pattern that has already proven itself twice. If SHIB gets its trigger — likely just a general market ascent — this 700% scenario moves from fantasy to a catch-up trade real quick.

XRP has seen its trading volume jump over 74% as the broader crypto market fell significantly in early Sunday trading.

The crypto market extended its weekend slide, with losses broadening across most digital assets and futures liquidations piling up.

Over $2.58 billion in positions were liquidated over 24 hours, according to CoinGlass data, as a weekend sell-off extended in the crypto market, with 414,491 traders affected. XRP saw more than $40 million in liquidation as its price fell.

Long positions accounted for the majority of liquidations, coming in at $2.27 billion, with shorts accounting for only $171 million. This imbalance points to traders being caught unawares, staying optimistic about a rebound after weeks of range-bound price action in the markets.

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Thin weekend liquidity increased selling pressure as trading volumes declined, a setup that might boost volatility. XRP trading volume likewise fell, but has recovered early Sunday.

XRP's trading volume came in at $6.49 billion, a 74% increase in the last 24 hours, according to CoinMarketCap data.

XRP price drops

XRP fell for four straight days from Jan. 28 to hit a low of $1.5 on Jan. 31. The significance of this low is that it occurs near XRP's realized price.

The XRP Realized Price is trading at $1.48. The current market structure is very similar to that of April 2022. 📉 https://t.co/AndYLGOE7w https://t.co/JwVlEbGrdR pic.twitter.com/QyDb54RuIE

— glassnode (@glassnode) February 1, 2026

XRP's realized price currently sits at $1.48, according to Glassnode, with the price hinting at a familiar setup seen in April 2022.

A little hope remains as XRP still holds above its realized price as the market hints at an ongoing reset. The thin liquidity hanging over the market alongside risk appetite waning might suggest more of a reset.

According to Scott Melkel, XRP is trading exactly at the last meaningful support on the chart before a huge air pocket, which makes this particular moment crucial to watch for XRP's price.

Meanwhile, RSI indicators are now at oversold levels, below 30, hinting at the possibility of a relief rally in the coming sessions.

Veteran proprietary trader Peter Brandt haswarned Bitcoin bulls that the cryptocurrency’s current correction is far from over.

Following the brutal Jan. 31 market flush that saw Bitcoin tumble to the $77,000 range, Brandt took to X (formerly Twitter) to identify his downside target: "58th Street."

"The conductor will be coming through the train collecting tickets so make sure you are on the right train. Choo choo $BTC," he quipped.

The power law reversion

Brandt accompanied his prediction with a long-term monthly chart of Bitcoin against the U.S. Dollar, utilizing a "Bitcoin Power Law V2.0" indicator.

The chart provides a high-level view of Bitcoin's market cycles dating back to 2012.

The chart depicts Bitcoin trading within a massive logarithmic growth channel defined by three key zones:

The current price action shows Bitcoin recently attempting to push into this zone near $98,000 before being sharply rejected.

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Currently sitting around the $37,000–$62,000 range, this band has historically marked generational buying opportunities.

A central trendline that acts as a "fair value" magnet for the price.

The January rejection

The monthly candle for January 2026 is particularly ominous. The chart data highlights a massive red candle with a high of $97,939 and a low of $75,555. This "wick" at the top indicates heavy selling pressure as Bitcoin failed to sustain momentum near the $100k psychological barrier.

Brandt’s $58,000 target appears to align with a reversion to the mean. On the chart, a pullback to the middle of the channel would bring Bitcoin back down toward the $58k–$60k region.

Even as activity on XRP Ledger itself soars to previously unheard-of heights, the XRP market is currently going through one of its most turbulent periods in recent months. For both traders and long-term holders, this discrepancy between on-chain growth and price performance is creating a perplexing environment.

XRP Ledger recovers

According to recent XRP Ledger data, the network's payment activity has reached an all-time high, with nearly 1.9 million transactions per day between accounts. This accomplishment sets a record for the network and demonstrates that, in spite of market volatility, real usage and transactional demand are still rising. The spike supports the notion that XRP infrastructure is still being used actively, since it indicates significant activity from big players and automated payment flows.

From a usage perspective, the ledger presents a bullish picture, but the price action of XRP reveals a completely different picture. The asset has experienced a severe breakdown, continuing its multi-month decline and slipping beneath important support zones. XRP recently fell below the lower edge of its descending channel on the chart, which increased selling pressure. Now price action is getting close to levels not seen since the beginning of the last rally cycle.

XRP in fluctuation

A startling technical coincidence has also been observed by traders: XRP briefly fluctuated around levels that resembled the so-called number of the beast, as the sharp decline forced prices toward the mid-$1.60 area.

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The move, though symbolic rather than technical, captures the strength of the sell-off that is currently dominating sentiment. Major moving averages, which are all sloping downward and serving as dynamic resistance, are still XRP's biggest problem. Every attempt at recovery has been swiftly thwarted, demonstrating that sellers still have control over the course of the market.

XRP runs the risk of continuing its decline unless buyers intervene forcefully and take back the $1.90-$2.00 range. Long-term fundamentals are encouraged by increasing ledger activity, but short-term price momentum still favors bears. For the time being, traders should get ready for more volatility and the potential for another breakdown if the current support does not hold.

On Jan. 31, retail traders reeled from an excruciating market correction that wiped out over $2 billion in positions.

However, Digital Currency Group founder Barry Silbert appears to beunfazed by the brutal wipeout. He labeled the crash a "gift from the crypto gods."

Silbert took to X to argue that the steep sell-off was a necessary event to flush out speculative excess.

Jan. 31 market flush

The market turbulence on Jan. 31 was extremely severe, and it has likely tested the faith of even the most ardent bulls.

Bitcoin (BTC), which had been trading near a 24-hour high of $83,125.88, lost critical support, plunging 5.2% to trade around $78,727. At its lowest point in the session, the leading cryptocurrency touched $77,082.

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According to market data provided by CoinGlass, a staggering $2.44 billion was erased from the market.

Of the total liquidations, $2.27 billion came from long positions, compared to just $171.09 million in short liquidations.

Saylor remains unfazed

For the first time since October 2023, the spot price of Bitcoin has fallen below MicroStrategy’s cost basis. On the Bitstamp exchange, BTC reached an intraday low of $75,555. That was the lowest level that the cryptocurrency hit since early April, the month of the infamous tariff shock in the U.S. Saylor’s firm has an average cost basis of $76,037.

Now that Bitcoin is trading in the $77,000-$78,000 range, the margin of safety for the largest corporate holder of Bitcoin has nearly evaporated.

However, Saylor appears to be unfazed by the most recent market correction. In a recent social media post, he stated that he is built for "the long run" with an AI-generated picture of himself participating in a marathon.

Newly resurfaced documents from the Jeffrey Epstein files haveshed light on the aggressive tribalism of the early cryptocurrency industry.

High-profile investors were pressured to view XRP and Stellar XLM supporters as threats to the Bitcoin ecosystem, according to a 2014 email chain analyzed by Ripple's former Chief Technology Officer David "JoelKatz" Schwartz

The "Stellar isn't so stellar" email

The controversy stems from an email dated July 31, 2014. It was sent by entrepreneur Austin Hill to a group of high-profile investors, including Reid Hoffman, Joichi Ito, and disgraced financier Jeffrey Epstein.

In the email, titled "Stellar isn't so Stellar," Hill urges the investors to reconsider their financial support for projects led by Jed McCaleb, the co-founder of both Ripple and Stellar. Hill writes:

"Ripple, and Jed's new stellar are bad for the ecosystem we are building, and it does our company damage to have investors who are backing two horses in the same race."

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Hill goes on to request that the investors "reduce or take your allocation away," offering to explain the issues further in a call.

He meant that because he felt Ripple and Stellar were bad for the ecosystem, anyone who supported either XRP or XLM was an opponent/enemy.

The ultimatum: "pick a horse"

According to Leonidas Hadjiloizou, Austin Hill was using "allocation" as leverage.

In the venture capital world, being allowed to invest in a promising company (like Blockstream) is often considered a privilege.

Hill threatened to "reduce or take... allocation away" from Epstein and Ito regarding their investment in Blockstream.

He was essentially telling them they could not invest in Blockstream if they continued to support Ripple or Stellar. He forced them to choose one side of the "race".

"The sad part is, we really are all in this together, and this kind of attitude hurts everyone in the space," Schwartz said in a recent social media post.

XRP has continued to show heavy price declines amid the broad crypto market downturn, retesting levels not seen in the past few months.

However, the XRP derivatives market has flashed a brief sign of recovery as its open interest has suddenly turned green among many other top crypto assets that have retained negative sentiment.

Data from CoinGlass showed that XRP’s open interest has briefly surged by 1.27% over the last day, with over 1.92 million XRP committed to active contracts over the period.

XRP flips Bitcoin in futures market

The surge in the XRP open interest comes as a surprise as other leading cryptocurrencies, including Bitcoin, have only recorded notable declines in open interest during the period.

While XRP has seen a mild increase of 1.27% in its open interest during the period, Bitcoin, on the other hand, has declined by about 2.57% in open interest during the same period, suggesting increased optimism among investors for a possible rebound in XRP’s price over that of Bitcoin.

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With the surge in XRP’s open interest coinciding with a notable decline in the trading price of the asset, it appears that the XRP future traders are opening new positions to hedge against the market volatility rather than closing the existing positions.

XRP retests $1.6 level

Amid the broad crypto market downturn, XRP is seeing a heavy decline in its price.

While it has slumped by a massive 4.54% over the last day, the asset is currently trading at $1.67, a level not seen since 2025.

While the massive price decline has coincided with the brief surge in its open interest, investors are optimistic that a recovery in the price of the asset might be imminent.

Institutions have continued to withdraw their interest as the ongoing crypto market downturn continues to push leading cryptocurrencies, especially Bitcoin, deeper into the red territory.

Amid the prolonged market volatility, Bitcoin ETFs have now recorded steady outflows for four days straight, according to data provided by SoSoValue.

Bitcoin funds see $509.70 million wipeout

Amid the steady outflows seen, the U.S. spot Bitcoin ETFs have recorded a total net outflow of $509.70 million as of Jan. 30. This marks the fourth straight day of capital withdrawals seen across the Bitcoin funds.

The outflows seen during their last trading session have coincided with the broad market sell-off pressure that has pushed Bitcoin to trading around $83,910 at the time.

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Nonetheless, it is important to note that the cumulative net inflows across all Bitcoin ETFs remain substantial at $55.01 billion. This suggests that long-term institutional participation has not completely exited the market.

While this has greatly affected the short-term sentiment within the sector, the steady withdrawals seen in recent days have caused the total net assets across the U.S. Bitcoin spot ETFs to fall by a notable 6.38% to $106.96 billion.

$509 million ETF withdrawal driven by BlackRock alone

Nonetheless, it is important to note that BlackRock’s IBIT has single-handedly driven the massive capital withdrawals seen on that day as it recorded about 6,310 BTC worth $528.30 million in outflows.

While this shows that the fund was the only contributor to the day’s negative flow, other Bitcoin funds noted little to no net inflows on the same day.

While Fidelity's FBTC added about $7.30 million in inflows on that day and ARK & 21Shares’ ARKB also attracted $8.34 million, the capital injected by these funds was too weak to offset the massive withdrawals pulled by BlackRock.