The digital financial market on the morning of February 1st, 2026, recorded significant fluctuations on the first day of the new month.

🌪️ Crypto Market: Extreme Volatility at the Beginning of February
The market just experienced a turbulent trading session with extremely wide price swings for Bitcoin, creating conflicting signals for investors.
1. Bitcoin (BTC): A Giant Candlestick Pattern
24-hour developments: Bitcoin had an extremely exciting trading day, at one point reaching $84,200, but also retreating to the $75,600 region several times. The price swing of nearly $9,000 in just 24 hours shows that market sentiment is extremely sensitive.
Current status: As of this morning (February 1st), BTC has stabilized and is trading above $78,880.
Quick Analysis: The failure to hold the $84K mark indicates significant profit-taking pressure at the short-term peak. However, the price holding above $78K after the sharp correction is a positive sign, suggesting that bottom-buying demand is still present at lower price levels.
2. Ethereum (ETH) and the General Market
Ethereum: ETH is maintaining a more stable pace compared to the BTC surge, currently trading above $2,440. Although there hasn't been a strong breakout, ETH is still maintaining a sustainable long-term growth structure.
Capitalization & Liquidity: Trading volume surged in the last 24 hours due to liquidations on both ends (Long and Short) as the price swept sharply from $75K to $84K and then reversed.
📈 Short-Term Outlook
This morning's volatility may be the result of the closing of the January candle and the opening of the February candle, a time when investment funds restructure their portfolios.
Support Zone: $76,000 – $78,000 (Important buffer zone).
Resistance Zone: $84,500 – $85,000 (A breakout is needed to confirm the continuation of the uptrend).
Advice: With the current large price swings, investors using leverage (Margin/Futures) need to be especially cautious. The market is currently favoring "diamond hands" holding spot assets over risky short-term orders.
‍#SachtonyMartket #BTC #ETH #ICP #GT