U.S. stocks close with a broad rally in the crypto sector, ALTS up over 30.94%

Bitcoin analyst Willy Woo: The current selling pressure may temporarily ease, and the bear market could continue until early 2027

Bitcoin analyst Willy Woo stated that the selling pressure from investors has largely eased, and the Bitcoin price is expected to consolidate and possibly rebound to $70,000, but the probability of resistance is high. He believes the bear market may end in Q4, and the true bullish momentum will not return until 2027, while also highlighting key support levels.

Bitcoin futures and options markets are cautious, with annualized premiums dropping to 2%, warning of upward resistance

Bitcoin recently tested the $70,000 level, but the futures and options markets show that traders are cautious about a rebound. The annualized futures premium is only 2%, while the put option premium reaches 14%, indicating a strong market sentiment of risk aversion to downside. Recently, Bitcoin's decline has been related to concerns over quantum computing, liquidation events in the crypto market, and other factors. Additionally, ETF capital inflows remain steady into the spot market, but there is a divergence in sentiment between the derivatives market.

Altcoin Dominance Nears 5-Year Breakout — 5 Tokens Poised for 20% Moves This Week

Altcoin dominance is nearing a five-year resistance level, historically linked to capital rotation. Five tokens show tightening volatility structures that often precede 20% weekly moves. Confirmation above resistance remains essential before sustained upside can be

"Buy Bitcoin" Google searches hit a five-year high, Trump’s one statement liquidates $120 million in shorts

This week, global searches for "buy Bitcoin" reached the highest level in nearly five years, reflecting a renewed investor willingness to enter the market. Influenced by Trump's State of the Union proposal to ban congressional stock trading, market sentiment quickly improved, leading to a large-scale short squeeze. On-chain data shows an increase in whale holdings and strengthened accumulation signals, suggesting the market may be facing a turning point, but multiple factors need to be considered to determine the price trend.

Why did Bitcoin drop today? Increased uncertainty in US-Iran nuclear negotiations, and the $71,000 fake breakout exposed the essence of short squeeze.

Bitcoin recently retreated from $71,000 to $67,000, mainly due to false breakouts caused by forced short liquidations and increased market risk premium from ongoing uncertainties in US-Iran nuclear negotiations. On the technical side, $71,000 is a major resistance level; if it cannot be effectively broken through, it will impact the short-term trend. The decline in open interest indicates market deleveraging, and the price increase lacks sustainable support.

Today, the Fear & Greed Index rose to 13, indicating the market is in a "Extreme Fear" state.

Foresight News reports that, according to Alternative.me data, the cryptocurrency fear and greed index rose to 13 today (yesterday the index was 11 "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.