📰 BV News | Crypto Market Recap (Feb 4)

Overnight volatility hit hard — did your positions survive the shakeout?

Market highlights (24h):

• $BTC briefly broke below $73K before a sharp rebound above $76K.
High-frequency short activity picked up, with bearish sentiment still dominant.

• $ETH dipped to $2,110, then recovered into the $2,200–2,300 range.
Multiple whales reduced exposure, with unrealized losses mounting.

• $SOL sentiment remains split.
Both bulls and bears are watching the $95–100 level as key support.

• Meme sector: $CLAWSTR surged to a $13.7M market cap, up 33x in 24h.
Volatility remains extreme.

• On-chain flows: A suspected whale transferred ~310K ETH ($651M) to Binance over the past 3 days, likely for loan repayment.

• Standard Chartered revised SOL outlook:
2026 target cut to $250, but still sees $2,000 by 2030.

• Aave DAO proposes scaling back Aave V3 multi-chain deployments, freezing zkSync, Metis, and Soneium unless chains can guarantee $2M+ annual revenue.

• Polymarket faces a 14-day restriction in Nevada, with courts leaning toward classifying event contracts as unlicensed gambling.

• Kraken (Payward) reports $2.2B revenue and $2T trading volume for FY2025.

• Tether open-sources its Bitcoin mining OS (MiningOS), with a Mining SDK planned.

• US government shutdown ends, with funding extended to Sep 30, though negotiations continue.

⸻

With sharp V-shaped moves, heavy exchange inflows, and rising leverage —
how do you read this market?

• Shakeout before continuation 📈
• Distribution before a deeper pullback 📉
• High-volatility range with no clear trend ⚡️

Drop your take 👇
https://t.me/+GMlPHCJAA_VhNGY1

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