Roudi

[Willy Woo @willywoo]

I have BAD NEWS for the perma bulls.

BTC is still strengthening its bear trend.

Volatility is a key metric used by quants to detect trends.

BTC entered its bear market when vol spiked upwards quickly. Vol then continues to climb, meaning the bear trend is strengthening. Then vol finds a peak in the mid to late phase bear market... that's when the bear trend starts to weaken.

We usually see a second or third smaller peak at the macro bottom, these peaks reflect capitulation.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Axios reports that there is evidence that US war with Iran is "imminent" and Israel is preparing for a scenario of "war within days," which is expected to include:

1. Weeks-long "full-fledged" war unlike the Venezuela operation, sources say

2. Joint US-Israeli campaign that is much broader in scope than 12-day war in June

3. US armada now consists of 2 aircraft carriers, 12 warships, hundreds of fighter jets, and multiple air defense systems

4. More than 150 US military cargo flights have moved weapons systems and ammunition to the Middle East

5. Another 50 fighter jets in 24 hours, including F-35s, F-22s, and F-16s

Oil prices are surging above $64/barrel on the news.

[Coin Bureau @coinbureau]

🚨CRYPTO SEES BIGGEST OUTFLOWS SINCE 2022

Money is leaving the market at one of the fastest rates since the last bear market.

$BTC and $ETH positions are shrinking, and stablecoin growth has stalled. In short, little to no new capital is coming in.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Bitcoin drops back below $67,000 as selling pressure in crypto returns.

[Ash Crypto @AshCrypto]

BREAKING:

🇯🇵 Japan’s stock market keeps hitting new all-time highs despite expectations of more rate hikes this year.

[Coin Bureau @coinbureau]

📉 ETH IS NOW BELOW WHALE COST BASIS

$ETH is now trading BELOW whales' realized price, putting them underwater.

Despite this, they’re stacking even more aggressively, signaling high conviction and a bet on higher prices ahead.

[CoinGlass @coinglass_com]

BTC is range-bound while OI trends lower.

This is a deleveraging regime:
positions are being closed, not added.
Direction likely comes after OI stabilizes and rebuilds.

No fresh leverage is entering — this is not a breakout environment yet.

[CoinGecko @coingecko]

Could AI on Base be the next meta?

[Coin Bureau @coinbureau]

🚨 BITCOIN ETFS KEEP DUMPING, $3B SOLD

Spot Bitcoin ETFs saw another $318M sold last week, following a massive $2.82B exit over the prior two weeks.

That takes total outflows this year to over $3.1B.

[Arthur Hayes @CryptoHayes]

If I told you I'm shorting $RIVER hoping it goes to zero, would all you degens go long so as to liquidate me bc I'm the Jim Cramer of crypto?

[Wu Blockchain @WuBlockchain]

South Korea’s Financial Supervisory Service is monitoring the market for ZK tokens listed on Upbit, the country’s largest cryptocurrency exchange, following abnormal price fluctuations. On February 1, ZK surged nearly 1000% in just three hours, rising from 33 KRW to 350 KRW, before quickly falling back. https://t.co/GP8s5FNRhp

[Coin Bureau @coinbureau]

🚨CRYPTO HAS ENTERED FULL CAPITULATION MODE

Bitcoin has broken below $71,000, while ETH fell under $2,100, as selling pressure accelerates across the market.

Liquidations have now exceeded $830M in 24 hours, with over $6.7B in leveraged positions wiped out in less than a week.

Bitcoin is down 45% from its ATH, marking its lowest price since November 2024 and erasing all gains since the Trump election win.

Since the October peak, roughly $1.89TRILLIONhas been wiped from total crypto market cap.

In January alone, $1.6B exited Bitcoin ETFs, reinforcing sustained institutional outflows.

Bitcoin has now logged 4 consecutive monthly declines, the first time since 2018.

The Fear & Greed Index is printing its longest streak of extreme fear since last year, a signal historically associated with late-stage drawdowns.

This is no longer a pullback.

This is structural damage, forced deleveraging, and sentiment capitulation.

In past cycles, conditions like this marked the transition from distribution to reset.

In 2018, Bitcoin stayed in this zone for months, not days.

This is where bears take control, confidence breaks, and weak hands exit.

Nothing here guarantees a bottom.

Nothing here promises relief.

The only question left is:
Who survives the purge?

[CoinGecko @coingecko]

We are so back $BTC 🔥

[Hyperliquid Daily @HYPERDailyTK]

🔥 $HYPE has surged over 50% in the past three days, driven by explosive trading in precious metals futures on Hyperliquid.

Silver futures alone recorded more than $1.1 billion in 24-hour volume, highlighting the platform's growing dominance in commodities markets.

[Cointelegraph @Cointelegraph]

🔥 INSIGHT: “Bitcoin is up 429% since 2022, far outpacing gold, silver, and stocks. People seem to forget.” — Eric Balchunas, Bloomberg

[CoinGecko @coingecko]

INSIGHT: $HYPE rallies 21% following news its HIP-3 open interest has hit an ATH of $790M.

[Wu Blockchain @WuBlockchain]

Ray Dalio's article states that the US is in the late stage of the big cycle, facing simultaneous pressures on fiscal debt, politics, society, and international order. Unsustainable debt may lead to money printing or inflation, weakening currency credit. Severe political polarization, collapsing rule consensus, and intensifying wealth gaps/conflicts. Later stages may involve capital controls, reserve freezes, and cross-border restrictions, turning funds into political tools. Traditional bonds lose appeal; gold and freely transferable assets gain favor, with investments prioritizing resistance to freezing and blockades. https://t.co/E9fxHoHbla

[Coin Bureau @coinbureau]

🚨 BITCOIN MINERS ARE SHUTTING DOWN ACROSS THE U.S.

Bitcoin’s hashrate fell from 1.13 ZH/s to 690 EH/s in just two days.

That means a large number of miners shut off machines.

Most of the time, it's caused by capitulation.

But this time, it's due to a severe U.S. cold storm.

The U.S. controls around ⅓ of global Bitcoin mining.

Extreme cold strains power grids and higher electricity costs forced miners offline.

If the storm persists, some miners may sell $BTC to cover fixed costs.

[Crypto Rover @cryptorover]

BULLISH: Gold just hit an ATH in market cap: ~$35.3T

That’s ~20× Bitcoin’s market cap.

For BTC to match gold, price would need to be above $1.7M per coin.

[Cointelegraph @Cointelegraph]

📊 BIG: $4.5B in realized losses hit Bitcoin, the highest level in three years, per CryptoQuant.