Privacy sector tokens continue to surge, Dash leads the rally

Zcash Price Prediction: Major Holders Sell 38% in 7 Days, ZEC Technical Pattern Indicates 66% Downside Potential

February 13 News, Privacy-focused cryptocurrency Zcash has recently come under significant pressure. In the past 24 hours, its price has dropped by approximately 7%, and over the past week, large holders' holdings have decreased by about 38%, triggering strong concerns about the medium-term trend. Although the asset still rebounded by around 5.8% within a week, the monthly decline has exceeded 40%, with volatility significantly amplified. On-chain data shows that although there was a brief net outflow of funds on February 12, indicating some low-level accumulation, subsequent inflows of tokens related to exchanges continued to increase, suggesting that more Zcash is moving from private wallets into circulating addresses. This structural change is often interpreted as a potential sell pressure signal. Meanwhile, the top 100 addresses still control about 70% of the total supply, indicating a high concentration of holdings, which makes the price more susceptible to large holder actions.

$2.5 billion in options are expiring simultaneously, Bitcoin fluctuates around $68,000, and $74,000 becomes the dividing line between bullish and bearish sentiment.

February 13 News, Bitcoin options worth approximately $2.5 billion are set to expire today, sparking significant market attention on short-term price fluctuations. As of press time, Bitcoin is trading at $68,280, down 1.1% in the past 24 hours, with a range of $64,760 to $71,450 over the past 7 days. The price has fallen about 30% in the last 30 days, nearly halving from the all-time high of $126,080 in October last year. Spot and derivatives activity are cooling simultaneously. In the past 24 hours, Bitcoin trading volume was approximately $47 billion, down 11% from the previous day. Futures market trading volume dropped to $63 billion, an 18% decrease week-over-week, while open interest declined to $44 billion, indicating that funds are mainly reducing positions rather than entering large-scale trades.

Matrixport: Price breaks below key level, market has entered confirmed bear market stage

Bitcoin price has fallen below a key level, confirming a downward trend. Market discussions are shifting to the next investment window. Analysts predict the bull market top could reach $125,000, and the current market has entered a bear market phase.

Matrixport: The market has entered the bear market confirmation stage. Investors should now focus more on "when the next more worthwhile allocation window will arrive."

Matrixport posted on the X platform that Bitcoin's price recently broke below a key level, confirming a downward trend. Investors are shifting their focus to the next investment window. The bullish momentum of Bitcoin is waning, and the market has entered the bear market confirmation stage.

XRP Now Needs a “Touch-and-Go” Signal at This 8-Year Resistance Line to Recover

XRP is now on the verge of backtesting a previous breakout from an 8-year resistance trendline, and this could trigger the reversal push. The crypto market has continued to face bearish pressure, with the latest recovery push facing a stern roadblock. XRP also witnessed this recent setback,

Bitcoin open interest crashes to 34 billion! TradFi funds withdraw,大量 leverage被forced liquidation

Due to a lack of investor demand, traders are focusing on concerning US macroeconomic data, and Bitcoin open interest has fallen to $34 billion. Some of the decline is also attributed to forced liquidations, which totaled $5.2 billion over the past two weeks. In the past month, Bitcoin has dropped 28%, gold has regained the $5,000 psychological level, and the S&P 500 is only 1% away from its all-time high.