Crypto Under Pressure: Bitcoin and Ethereum Enter Transition Phase

Cryptocurrency News
3 min read time
|Updated: 2026-02-02
As February begins, crypto markets remain under pressure.
Bitcoin
and
Ethereum are trading near levels rarely seen in recent cycles, keeping investors cautious. Still, market signals suggest not a disorderly sell-off, but a
gradual transition and rebalancing phase.
Bitcoin (BTC): Weak Momentum, Macro Headwinds
Bitcoin price is hovering near its
lowest price zone in the past 16 months. Weekly and monthly closes continue to reflect downside pressure.
Key observations:
-
Markets are discussing lower support zones, including the mid-$70K range
-
Momentum indicators are approaching levels historically seen near macro bottoms
-
However, such bottoms typically form over time, not instantly
On the macro side:
-
The U.S. dollar is regaining strength
-
Global risk appetite remains fragile
-
Liquidity conditions are tightening
This suggests BTC is moving
in line with broader macro cycles, not in isolation.
U.S. Demand and Market Balance
Indicators tied to U.S. spot demand show
limited buying interest for now. While this weighs on price, selling pressure appears
measured rather than forced.
Market structure reflects:
-
Fewer panic-driven moves
-
Buyers stepping back temporarily
-
Prices searching for a new equilibrium
Ethereum (ETH): Selling Pressure Persists, Fatigue Signals Emerge
Ethereum price has seen a sharper pullback, drifting closer to the
$2,000 level.
Short-term picture:
-
Buying activity has slowed notably
-
Early entrants are reducing exposure
-
Downside risk remains in the near term
Yet on-chain metrics hint at a different dynamic beneath the surface.
On-Chain Signals: Approaching Seller Exhaustion?
ETH’s
MVRV ratio has entered zones that historically coincided with
seller fatigue and price stabilization.
In past cycles, such conditions often led to:
-
Reduced loss-driven selling
-
Gradual return of long-term accumulation
-
Sideways price action before trend direction re-emerges
This keeps Ethereum firmly in a
rebalancing phase, despite ongoing volatility.
CoinTR Insight
This environment calls for
process awareness rather than prediction. In transition phases like this:
-
Market structure and liquidity matter more than headlines
-
Support and balance zones become more relevant than short-term price swings
CoinTR’s
deep liquidity and
stable TRY–USDT flow help users:
-
navigate volatility without rushed decisions,
-
track BTC and ETH levels more efficiently,
-
manage exposure while markets search for balance.
Bottom Line
-
BTC and ETH remain under pressure, but selling is controlled
-
Macro uncertainty persists; bottoming processes take time
-
Markets appear to be rebalancing, not capitulating
February 2 crypto news was the same today. Remember, this information is not investment advice. As the Bitcoin exchange CoinTR, it has been prepared to inform you about the current
crypto market.
Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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