Solana

A newly created wallet placed $4 million in USDC on Hyperliquid and opened a 3x leveraged short on Solana, aligning with a broader bearish market structure as SOL trades below key price levels. While price action remains confined in a descending channel with RSI near 23 and support around $90, derivatives data show top traders still heavily positioned long, creating a potential setup for further downside and long liquidations.

Bitcoin fell back under $69,000 on Thursday, wiping out gains since its 2021 cycle peak amid intensified selling across spot and derivatives markets. Binance rejected claims it had sent a cease-and-desist letter over insolvency allegations, while U.S. spot Bitcoin ETFs saw $545 million in net outflows and related Ethereum and Solana products also recorded withdrawals. At the same time, Tether committed a $100 million equity investment in Anchorage Digital and U.S. lawmakers opened a probe into a $500 million World Liberty Financial deal tied to the UAE.

On February 5, 2026, Bitcoin fell below $70,000, down nearly 8% intraday to roughly $66,700, while ETH dropped under $2,000 and Solana hit $83. Mike Novogratz told Bloomberg he sees a potential bottom and a $70,000–$100,000 range. In contrast, Michael Burry warned of a "death spiral," and John Deaton alleged futures-driven price suppression.

Brazil's Chamber of Deputies is advancing Bill 4.308/2024, requiring stablecoin issuers to hold 1:1 reserves and segregate client funds, effectively prohibiting algorithmic models. In parallel, Bitcoin Hyper ($HYPER) reports an ongoing presale exceeding $31.2M, with Etherscan data showing three whale wallets accumulating a combined $1M in early 2026.

According to the report, U.S. spot Bitcoin ETFs registered $545M of net outflows over one trading week, reflecting a risk-off tone among large allocators. Capital is meanwhile rotating to infrastructure plays, with LiquidChain's $LIQUID presale surpassing $526K and pricing at $0.0135, targeting cross-chain liquidity across Bitcoin, Ethereum, and Solana.

Analysts are highlighting Bitcoin Hyper, a Bitcoin Layer 2 integrating the Solana Virtual Machine, as capital pivots toward scalable infrastructure. The presale lists $31,254,198.39 raised at a token price of $0.0136751, and an on-chain $63K transaction was recorded on Jan 15, 2026. Staking features include high APY with a 7-day vesting period.

The U.S. Treasury has clarified it does not have the legal authority to bail out Bitcoin or the wider crypto market, underscoring the absence of a government safety net for digital assets. Against this backdrop, investors are pivoting toward infrastructure projects like Bitcoin Hyper ($HYPER), which uses the Solana Virtual Machine to bring high-speed smart contracts to Bitcoin and has raised over $31.2M in its presale with notable whale participation.

During a sharp Bitcoin downturn earlier this week, on-chain data indicates institutional holders of spot ETFs largely maintained their positions while many leveraged retail traders were flushed out. The drawdown exposed the cost and complexity of fragmented liquidity across Bitcoin, Ethereum, and Solana, pushing attention toward LiquidChain, a Layer 3 solution using a deploy-once architecture and a Cross-Chain VM. Despite broad market volatility, the $LIQUID token presale has already raised more than $526K at a price of $0.0135, highlighting investor interest in infrastructure that unifies major chains into a single execution layer.

Heading into the mid‑2025 to 2026 window, analysts map potential paths for Bitcoin toward $180K–$200K if $70k holds and adoption broadens, while risks include a sustained break below $80K or <$85k structures. Meanwhile, Bitcoin Hyper's presale page reports $31.2M raised at $0.0136751 as it pursues SVM-enabled Layer 2 throughput on Bitcoin.

Solana slid from resistance near $102 and moved below $100 and $95, with the price now trading under the 100-hour simple moving average. SOL is consolidating above recent lows around $89, and a failure to reclaim resistance at $98–$102 could open the way toward supports at $90, $85 and potentially lower levels. Bulls may attempt a recovery if they can protect the $90–$85 area and push the price back above key Fibonacci and trendline barriers.