Bitcoin’s recent slide has left traders squinting at charts and asking the 
same blunt question: correction or crash? Prices have tumbled sharply, but 
some market watchers still see this as a deep pullback inside a longer 
uptrend. Others warn the data points to something colder. Related Reading: Jim 
Cramer Suggests US Government Could Buy Bitcoin Near $60K Price Decline And 
Hard Numbers According to XWIN Research&#8217;s CryptoQuant analysis, Bitcoin has 
fallen about 46% from a peak near $126,000 and now trades around $67,900 after 
five straight months of losses. The Fear &amp; Greed Index sits at 14 — a reading 
labeled Extreme Fear. Reports note that net realized losses recently hit over 
$13 billion, a level that matched the worst stretches of the 2022 slump. In 
2024, roughly $10 billion of inflows helped lift market cap. Then in 2025, 
more than $300 billion flowed in while the overall market value shrank. That 
odd mix of heavy inflows and falling market cap suggests selling pressure is 
higher than fresh buying. How Rising Prices Are Masking a Quiet Shift in 
Bitcoin’s Structure “The base scenario is that Bitcoin may already be entering 
winter, with higher prices and stronger structure delaying recognition.” – By 
@xwinfinance Read more ⤵️https://t.co/7soxNoBhqi pic.twitter.com/fEsSXpAmuK — 
CryptoQuant.com (@cryptoquant_com) February 11, 2026 Capital Flows Versus 
Price Action Based on reports, the capital flow numbers are the most awkward 
fact for bulls. Money moved in, but value fell. Who was selling into that 
demand? Large holders, paper traders, or complex derivatives desks might have 
taken profits or hedged positions. The data alone doesn’t name the seller, but 
the pattern is a red flag. On-chain measures also reveal shrinking realized 
gains even as prices remained far above prior bear-era levels. That tends to 
weaken the internal strength of the market over time. Sentiment And Historical 
Echoes Some traders point to a quirk of memory: high nominal prices make pain 
feel milder. People don’t want to relive the chaos of 2022. Reports say the 
launch of spot ETFs and deeper institutional access have changed the market’s 
plumbing, and that gives many confidence. Yet sentiment readings at extreme 
fear often show up near capitulation points. It’s worth remembering that in 
2022 realized losses peaked about five months before the market bottom, which 
means big losses can precede a final low by a long stretch. Technical Patterns 
And The Bigger Picture Bitcoin posted four consecutive losing months and a 41% 
decline across that stretch — a streak last seen during 2018 rather than 2022. 
That pattern matters because similar sequences have led to extended downturns 
in the past. Related Reading: More Bitcoin Ahead: Saylor, Strategy Commit To 
Regular BTC Purchases Bitcoin At A Crossroads As XWIN Flags Early Signs Of 
Crypto Winter For XWIN Research, the message is simple: price alone does not 
define the cycle. What matters is who is buying, who is selling, and whether 
demand can absorb supply without market value shrinking. Right now, that 
balance looks strained. Until inflows begin translating into sustained market 
cap growth and realized losses cool meaningfully, the firm believes the market 
should be treated with caution rather than optimism. Winter may not have fully 
arrived, but based on the data, the temperature is clearly dropping. Featured 
image from Unsplash, chart from TradingView

Bitcoin May Already Be Entering Crypto Winter, Researchers Warn

Bitcoin may continue to copy its 2022 bear market if bulls fail to reclaim the 
200-week exponential moving average by the end of the week, new analysis said.

Bitcoin must close week at $68.3K to avoid ‘bearish acceleration:’ Analyst

A mistaken Bitcoin payout revealed how exchange ledgers work and why South 
Korea is rethinking internal controls for crypto platforms.

How a Bitcoin promotion error triggered a regulatory reckoning in South Korea

Bitcoin hits $66K as Standard Chartered slashes price targets for BTC and ETH, 
warning of weaker institutional demand and macro pressure.
The post Bitcoin drops to $66K as Standard Chartered cuts year-end targets 
across digital assets appeared first on Crypto Briefing.

Bitcoin drops to $66K as Standard Chartered cuts year-end targets across digital assets

Hyperliquid price is showing early signs of a bullish market structure shift 
after confirming strong demand at $28.40, setting the stage for a potential 
expansion toward higher levels.

Cryptocurrency price in MMK