Over the past week, Bitcoin’s price rallied back to the psychologically important $70,000 zone and briefly touched around $74,000 by Friday. However, on March 13, analyst Darkfost highlighted that Binance funding rates fell below -0.006 on March 10 and 11, showing heavy short positioning and cautious sentiment. This extreme bearish stance could set the stage for a potential short squeeze if BTC can maintain its recent upward momentum, with the price last seen near $70,852 after a 1.09% daily loss.

Bitcoin briefly climbed above the $70,000 resistance to touch $74,000 before pulling back, raising questions about whether a broader recovery is underway. On-chain metrics show the network's realized cap is currently expanding faster than its market cap, a pattern analysts link to rising profit-taking and capital redistribution. Bitcoin now trades at $67,832, with a 4:89% daily loss and $44.84 billion in 24-hour trading volume.

Market analyst MorenoDV_ said on February 27 that Bitcoin short‑term holders showed subdued 24‑hour exchange inflows after the US and Israel launched coordinated strikes on Iran, indicating no panic selling. This contrasts with February 5–6, when STHs sent 89,000 BTC to exchanges at a loss; BTC later traded at $67,007, up 4.41% over 24 hours.

An on-chain assessment using the Long-Term Holder SOPR metric shows Bitcoin's long-term investors have started realizing monthly losses, with the average monthly reading slipping to about 0.98. On a yearly basis the SOPR remains positive near 1.84, but the downtrend in realized profits suggests a fragile phase for this cohort as Bitcoin trades around $64,247 after a 4.85% daily drop.

Bitcoin has failed to reclaim the $70,000 resistance, keeping the market exposed to a deeper pullback. Using the Supply in Profit on-chain metric, analyst Yonsei_dent projects that the current cycle could see a 70%–75% drawdown, implying a potential price floor between $31,500 and $38,000. Bitcoin is trading around $63,553 with weak weekly and monthly performance, leaving sentiment cautious and price action vulnerable to further downside or prolonged consolidation.

XRP has been trading under bearish pressure, with a roughly 5.7% rebound on Friday only partly offsetting an earlier 7.1% weekly decline. According to analyst CryptoOnchain, Binance’s XRP reserves have dropped to around 2.5 billion tokens, more than 700 million below their November 2024 peak, potentially signaling reduced sell-side liquidity and growing investor accumulation interest.

Bitcoin has rebounded from a sharp decline to around $60,000, with its price recently trading near $68,892 and intraday gains of 6.44%. On-chain data shows the Coinbase Premium, which had been negative since mid-January, has flipped positive as US investors regain confidence and Bitcoin climbs over 16% toward $70,000. Despite this shift, analysts note that broader macro conditions and the risk of a deeper correction, with Bitcoin still about 50% below its all-time high and showing double-digit weekly and monthly losses, remain key concerns.

In the final stretch of January, Bitcoin briefly fell under $80,000 as analysts highlighted roughly $1.3 billion in liquidations within 12 hours. Market expert Burak Kesmeci views $80,000 as both a key technical support and the approximate cost basis for spot Bitcoin ETFs, with January 2026 net outflows already at $1.61 billion. He cautions that a confirmed weekly close below this level could extend downside toward $72,000, $68,000 and $62,000, while a rebound above $90,000 and $95,000, and eventually $100,000, would improve the bullish outlook.

On January 30, analyst Ali Martinez said on X that XRP could be primed for a short-term bounce if the TD Sequential setup is confirmed at the $1.70 support. The token started the week up roughly 7% before sliding on Wednesday. Meanwhile, US XRP spot ETFs saw outflows exceeding $69 million, and XRP was at $1.74, down 3.26%.