warned<\/a> that shrinking stablecoin reserves are becoming a major risk factor. Data shows that Tether (USDT) exchange balances fell from $60 billion to $51.1 billion in two months, a $9 billion decline that has tightened trading liquidity since January.<\/p>\nTopNotchYJ described the drop in USDT reserves as clear evidence of capital moving out of crypto markets.\u00a0Stablecoins are the main source of trading activity, and falling balances usually signify a drop in investor confidence.\u00a0Moving below $50 might put more selling pressure on major assets like XRP, ETH, and BTC.\u00a0<\/p>\n
<\/p>\n
The number of active wallet addresses has also rapidly decreased, from about 376,000 to 263,000. This shows that retail investors and institutional investors are taking a backseat. Price rebounds typically lose strength when there are fewer market participants, as demand naturally softens.<\/p>\n
A similar pattern is visible in trading behavior. The daily volume has dropped by more than 6% to roughly $339 million. This indicates little speculative activity in the market, but it does not suggest widespread panic selling.\u00a0<\/p>\n
Short-term outlook and analyst views<\/h2>\n
Analysts remain divided, although most expect high volatility in the near term. Some warn that Bitcoin could slide another 20% to 30% if economic pressure continues, especially if support near $60,000 breaks. The $70,000 level continues to act as a major barrier to recovery.<\/p>\n
Matthew Sigel of VanEck has described the recent decline as \u201corderly deleveraging.\u201d He argues that leverage has cooled and that the market is adjusting rather than entering a full collapse.<\/p>\n
Researchers at K33 Research see parallels with the late-2022 bottom. They point to fragile economic conditions and stagnant stablecoin supply as limits on short-term upside.<\/p>\n
More positive views come from Bitwise Asset Management, which manages more than $15 billion. Their analysts continue to highlight Bitcoin\u2019s long-term potential and see recent pullbacks as possible accumulation opportunities.<\/p>\n
Several technical levels remain are now in focus. Support lies between $64,000 and $66,000, followed by $60,000 and the $50,000\u2013$55,000 zone. Resistance is clustered near $70,000 and $80,000.<\/p>\n
Until stablecoin reserves recover and user activity improves, analysts expect the market to stay vulnerable, with downside risks likely to persist in the coming weeks.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The crypto market has faced sustained pressure in February, with prices struggling to build momentum amid declining stablecoin exchange reserves. Summary CryptoQuant\u00a0reports USDT reserves fell from $60B to $51.1B in…<\/p>\n","protected":false},"author":1,"featured_media":5268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22836"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22836\/revisions"}],"predecessor-version":[{"id":22837,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22836\/revisions\/22837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5268"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}