Bitcoin may have survived the worst of the shock, but the data says this is 
stabilization, not escape velocity. A Bitcoin Reset Underway? According to 
CryptoQuant, the current conditions suggest a reset is underway, with Bitcoin 
working through a broad deleveraging phase. Yet even as market stress eases, 
the top cryptocurrency still hasn’t carved out a definitive bottom in this 
bear cycle. Related Reading: Bitcoin Rallies Above $71K —But Analysts Warn The 
Peace Is Only Temporary Analyst MorenoDV_ believes Bitcoin’s 
on‑chain/derivatives “stress cycle” indicators are rolling over, suggesting 
the market is exiting an acute stress phase, but not yet entering a clean 
bullish reversal regime. The analyst says that alignment between Bitcoin’s 
Short-Term Sharpe Ratio and the 30-day Buy/Sell Pressure Delta is signaling 
one of the strongest risk/reward profiles of the current cycle, but it still 
calls for patience. A stress cycle is a phase marked by elevated unrealized 
losses, forced deleveraging, compressed futures basis and defensive options 
positioning. The analyst starts by looking at the Sharpe Ratio. The current 
value has dropped far into negative territory, hitting around −40, a level 
that has historically signaled major buying zones. In past cycles (2015, 2019, 
2020, and 2023), every time the ratio fell below this line, Bitcoin later saw 
a strong repricing higher. Bitcoin Sharpe Ratio (Short Term). Source: 
CryptoQuant. We are now sitting in the same red-circled territory shown in the 
graphics, the analysis say. The Pressure Delta Explanation According to the 
analyst, the Buy/Sell Pressure Delta helps explain where we are in the 
bottoming process. Bottoms don’t happen all at once: they unfold in stages. 
Related Reading: Can’t Move Your Crypto?— Traders Trapped In South Korean 
Exchanges First, there’s a big wave of selling (orange/red spikes below −0.05) 
when forced sellers and panicked investors dump their coins. Then, selling 
pressure slowly cools down and moves back into the green zone as fewer people 
are willing to sell. The best entries usually show up when the delta finally 
moves into the blue “Buy Pressure” area, which means real buying demand is 
coming back, not just that selling has slowed. Bitcoin: Buy/Sell Pressure 
Delta (30). Source: CryptoQuant. The report claims that the heavy selling 
phase is likely behind us and we have entered the middle stage. The delta is 
recovering but hasn’t yet reached strong buy territory. Historically, that gap 
is where some of the best opportunities have appeared. This analysis aligns 
with the QCP Market Colour from yesterday. Their report claimed Bitcoin&#8217;s 
movement looks more like a temporary pause than a lasting resolution There’s 
still risk, the analyst warns. The macro backdrop, liquidity, and weak 
sentiment could drag this out. But for investors who think in cycles, the data 
suggests we’re closer to the start of a new opportunity than to the end. 
Yesterday, Bitcoin bounced back and reclaimed $72k. At the moment of writing, 
BTC trades for the low $71ks on the daily chart. Source: BTCUSD on 
Tradingview. Cover image from Perplexity. BTCUSD chart from Tradingview.

Bitcoin Stress Cycle Is Ending — But Traders May Hate What Comes Nex

U.S. Treasury Secretary Scott Bessent intensifies calls for crypto legislation 
as SEC Chair Paul Atkins and lawmakers align, urging Congress to advance a 
stalled framework amid rising market scale, regulatory gaps, and global 
competition. Key Takeaways: U.S. Treasury Secretary Bessent urges Congress to 
pass the Clarity Act, citing a multi-trillion-dollar digital asset market. SEC 
and […]

Treasury Secretary Pushes Clarity Act to Secure US Crypto Market Leadership

BlackRock&#8217;s collaboration with Galaxy Digital for its Ethereum ETF could 
accelerate institutional adoption of crypto staking, enhancing market trust.
The post BlackRock taps Galaxy Digital as validator for its staked Ethereum 
ETF appeared first on Crypto Briefing.

BlackRock taps Galaxy Digital as validator for its staked Ethereum ETF

Bitmine expanded its buyback to $4 billion as BMNR began NYSE trading after a 
fresh 71,252 ETH purchase lifted holdings to 4.8 million.
The post Bitmine takes BMNR to NYSE with $4 billion buyback expansion appeared 
first on Crypto Briefing.

Bitmine takes BMNR to NYSE with $4 billion buyback expansion

The latest Finestel report on February 2026 shows Bitcoin’s plunge toward 
$60,000 was one of crypto’s deepest capitulation events yet, but disciplined 
asset managers cushioned most of the damage by rotating into stablecoins, 
cutting leverage, and selectively buying the rebound.…

Cryptocurrency price in ZAR