Ethereum’s decline below the $2,000 mark has shaken sentiment and dragged broader altcoin prices lower, prompting heightened fear among traders. Crypto analyst ChainHub argues that market conditions now resemble downside exhaustion, with the ETH/BTC structure still intact and major demand zones forming around $1,700 for ETH and across several altcoins. He links this view to Bitcoin’s retest of its summer 2024 demand range and suggests the market could soon transition into a consolidation phase before attempting a bullish recovery.

Market analyst Umair Crypto has updated his technical outlook on Solana after the altcoin broke key supports and slumped below $80 to a two-year low. He notes that Solana’s structure is still firmly bearish but sees room for a gradual recovery if price can reclaim levels such as the former $100.93 point of control. Umair outlines upside targets at $120.59, $128.43, $138.77, and $150.36, with a longer-term projection toward $200–$210 if SOL can sustain strength above $150.36.

Crypto analyst Tony Severino argues that Bitcoin may have formed not just a yearly high but a 16-year cyclical peak, as BTC recently plunged to 60,000 dollars before rebounding toward 70,000 dollars. He points to bearish signals on the long-term chart, while other market figures debate whether the move signals a deeper bear market or a temporary shakeout. At the same time, Arthur Hayes links the sharp drop to BlackRock’s IBIT ETF hedging activity, and some researchers suggest the 60,000 dollar area could again serve as a long-term support zone.

After XRP fell to around $1.15 and later traded near $1.42, a commentator known as Stellar Rippler urged holders to withdraw assets from centralized exchanges. He alleges the drop was engineered and claims institutions have rights to buy escrowed XRP under NDAs. He also flagged reported withdrawal difficulties for users on Binance and Coinbase.

Bitcoin is on track for five straight monthly declines, falling 16% so far this month after closing October, November, December, and January in the red. The broader market has weakened, with BTC sliding over 13% to $60,000 during the sell-off and spot ETFs seeing about $690 million of net outflows this month.

PEPE extended its correction in early February, sliding about 48% over two weeks and revisiting its yearly low area. The move mirrored a roadmap shared by an analyst on X, following a rapid early‑year rally to $0.00000715. At publication, PEPE traded near $0.00000425 after touching an intraday low of $0.00000402.

Analyst Diana said in an X post that XRP could climb about 450% to $7, citing Elliott Wave and Fibonacci, if $1.50–$1.55 support holds. She outlined steps toward $1.88–$2 and then $2.20–$2.70. Analyst CasiTrades expects a Wave 4 relief toward $1.78–$2.03, while XRP traded near $1.58 at press time, per CoinMarketCap.

Crypto analyst Gert van Lagen says Bitcoin's bullish market structure remains intact if price stays above $74,400. In a recently shared two-week chart on X, he labels the decline as Wave IV and maps a Wave V impulse, with potential targets at $260,000–$320,000 and a final extension toward $400,000.

Bitcoin has slipped into a bearish setup after dropping below the key $82,000 low from November 2025, with the price recently trading around $78,560 and touching $77,082 in the last 24 hours. Crypto analyst XForceGlobal argues that this breakdown invalidates the prior bullish Elliott Wave structure and forces a new corrective wave count. His updated scenarios outline two distinct bearish paths that both point toward potential downside targets near the $60,000 area before any larger recovery unfolds.