Selling Pressure in Cryptocurrency: Bitcoin Retreats as Ethereum Faces Risk

Cryptocurrency News

Today's February 5 crypto news agenda shows that markets started February with heavy selling pressure. Macroeconomic uncertainties and leverage unwinding in futures accelerated risk aversion to Bitcoin and Ethereum, while liquidations supported downward price movements. This outlook points to a market equilibrium characterized more by position simplification and liquidity sensitivity than panic.

Market Context: Deleveraging Takes the Lead

Crypto markets entered February under renewed pressure as macro uncertainty and aggressive futures deleveraging accelerated sell-offs. Hundreds of millions of dollars in liquidation over the past 24 hours amplified downside momentum across major assets.

This move reflects broad risk reduction and position cleanup, rather than disorderly panic.

Bitcoin: First Drop Below $70,000 Since November 2024

Bitcoin price fell below the $70,000 mark for the first time since November 2024, reaching an intraday low near $69,190 after a weekly decline of roughly 21%.

The $70,000 psychological level has been breached
~$451M in liquidations added to short-term pressure
If weakness persists, $65,000 emerges as the next key support area

Price action suggests that macro-driven risk aversion and leverage unwinding remain the dominant forces.

Ethereum: Structural Weakness Puts $1,800 in Focus

Ethereum (ETH) continues to show deeper structural stress. A confirmed technical breakdown earlier this week accelerated downside moves, while large holders and long-term investors have begun reducing exposure.

Key observations:

Loss of major technical support levels
Reduced conviction among large and long-term holders
Heightened sensitivity following notable on-chain selling activity

Together, these signals place the $1,800 zone at the center of near-term downside risk. A sustained move below this area could open the door to further declines.

CoinTR Insight

Periods like this reward discipline over speed. CoinTR’s deep liquidity and stable TRY–USDT order flow help users:

Navigate sharp price moves without slippage pressure,
Manage positions gradually around critical levels,
Avoid forced reactions during leverage-driven volatility.

Forward-Looking Takeaway

Bitcoin’s behavior below $70,000 will remain a key barometer for broader risk sentiment. For Ethereum, the $1,800 region stands out as the line separating stabilization from deeper downside.

Markets are currently focused less on rebound narratives and more on balance, liquidity response, and level-by-level price behavior.

February 5 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.

2026-02-05

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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