hodler

23 Feb 2026, 12:00

EIGEN Technical Analysis February 23, 2026: Risk and Stop Loss

EIGEN is risky in the downtrend; a break below $0.1658 support could lead to significant losses. BTC weakness is increasing pressure on altcoins, tight stops are essential for capital protection.

23 Feb 2026, 11:48

Dogecoin Shows Trendline Strength as Historical Metric Hits New High

Dogecoin is attracting attention as the asset maintains a critical trendline while hitting an unprecedented reading on a long-term cycle indicator. Traders are observing a cautious but structurally interesting setup, reflecting both potential and uncertainty. The token has held support across multiple tests, yet momentum remains low, raising questions about buyer conviction. Analysts warn that volume and participation will be decisive in determining whether Dogecoin can sustain upward moves. Trendline Support Holds Amid Low Momentum Dogecoin price has tested a descending trendline across six consecutive daily candles, with each attempt keeping the price above support. Analyst Trader Tardigrade reported that this structure is technically bullish but noted the current price action lacks strength. “The move lacks the buyer conviction needed to confirm a genuine breakout,” Tardigrade said. He emphasized the importance of volume spikes and strong candles as confirmation signals for a reliable trend. Without these, the setup appears hopeful rather than dependable, with momentum constrained. Volume remains a critical factor, Tardigrade added, as thin participation during trendline tests can produce false signals. Traders are advised to monitor price behavior closely before committing to positions. High-volume closes above resistance will carry more weight than multiple low-volume closes. Until these signals emerge, Dogecoin remains in a wait-and-see technical zone, with trendline support offering a positive but not guaranteed outlook. Historical Metric Signals Long-Term Holder Pressure On-chain metrics reveal Dogecoin has reached a milestone in the Number of Days Spent at a Profit, surpassing 1,100 historical days with higher prices than today. Analyst Joao Wedson said this is the first time Dogecoin has reached this reading. “This is a cycle-level development rather than a short-term signal,” Wedson noted, explaining that it reflects where Dogecoin sits relative to its full price history. The metric indicates a large portion of past holders are at a loss, often preceding longer-term accumulation phases in similar assets. Wedson highlighted that the combination of trendline support and the historical metric provides analysts with two angles to track Dogecoin’s trajectory. The setup offers insight into structural market interest while reminding traders to watch momentum and participation for direction confirmation. Dogecoin’s position at the intersection of technical support and historical cycle data underscores the complexity of its current market structure. Analysts continue to monitor both indicators for signs of sustainable movement.

23 Feb 2026, 11:44

Binance bitcoin reserves hit 676,834 BTC after 760M whale transfer

Binance-linked wallets now hold about 676,835 bitcoin, up 9.3% from November lows, while a single whale moved roughly $760 million in BTC to the exchange. Bitcoin briefly dropped during Asian trading before partially recovering later in the day.

23 Feb 2026, 11:41

ADA weakens amid tariff fears and rising short positions

The cryptocurrency market had yet another bearish weekend, with Bitcoin, Ether, XRP, and other major coins currently in the red. The bearish performance saw nearly $500 million worth of leveraged positions wiped out in the market in the last 24 hours. ADA, the native coin of the Cardano blockchain, is down by more than 2% on Monday, entering its third consecutive day of decline. The negative performance is backed by the strong bearish bias in Cardano’s derivatives market positional buildup. The market dumpwas primary due to the US President Donald Trump's reassessment of global tariffs and domestic conflict with the US Supreme Court. Currently, technical indicators are bearish, but ADA could experience a temporary pump in the near term. Cardano remains under pressure ADA dropped out of the top 10 earlier this month and continues to occupy the 11th spot in the market. It is currently down by nearly 3% in the last 24 hours as shifting macroeconomics weigh on the crypto market. The dip comes as retail participation in the market continues to decline. According to CoinGlass , the ADA futures Open Interest (OI) stands at $446.84 million, down 3% over the last 24 hours, indicating significant capital withdrawal amid risk-off sentiment among traders. The data reinforces a bearish bias in the market, lowering the long-to-short ratio to 0.8619, suggesting a greater number of active short positions. Furthermore, ADA’s funding rate has dropped to -0.0138%, indicating heightened interest among traders in holding short positions. With a funding rate below 1, ADA currently reflects unsustainable levels of selling pressure, which could see the bulls increase their positions in the near term. Will Cardano hold the $0.2563 support level? The bulls have been able to hold ADA’s support level at $0.2563 in the last 24 hours, but the coin remains under pressure. At press time, ADA is trading at $0.2706, below the 50-period Exponential Moving Average (EMA) at $0.2773 and the 200-EMA at $0.3013. The 50-period EMA remains below the 200-period EMA, reinforcing downside pressure. If the bearish trend persists and ADA closes below the $0.2563 support level, the coin could experience further decline towards the February 6 low at $0.2205. The Relative Strength Index (RSI) is at 45 on the 4-hour chart, dropping below the neutral zone, indicating a surge in selling pressure. Furthermore, the Moving Average Convergence Divergence (MACD) is in a free fall below the zero line, reaffirming the increase in bearish momentum. If the bulls hold the support level and the daily candle closes above the $0.2695 resistance, ADA could test the 50-day and 200-day EMAs at $0.2773 and $0.3013, respectively. The post ADA weakens amid tariff fears and rising short positions appeared first on Invezz

23 Feb 2026, 11:40

Vitalik Buterin goes on another Ethereum selling spree

Vitalik Buterin has resumed selling Ethereum ( ETH ), offloading millions of dollars’ worth of ETH as the cryptocurrency extended its recent pullback. Insights indicate that Buterin sold 1,869 ETH, valued at approximately $3.67 million, over the past 48 hours, according to the latest on-chain data reviewed by Finbold on February 23 from Lookonchain . Vitalik Buterin’s ETH transactions. Source: Lookonchain Over the same period, Ethereum’s price declined from $1,988 to $1,875, marking a 5.7% drop. By press time, Ethereum was trading at $1,916. ETH seven-day price chart. Source: Finbold The latest transactions follow a larger sale earlier this month, when Buterin disposed of 6,958 ETH worth about $14.78 million. That previous round of selling coincided with a sharper market reaction, as ETH fell from $2,360 to $1,825, a 22.7% decline. This brings his total February sales to more than 8,800 ETH, valued at roughly $16 to 18 million depending on execution prices, averaging around $2,077–$2,100 per ETH. Buterin’s ETH selling plans The sales follow Buterin’s January 30 announcement that he would gradually liquidate 16,384 ETH held through his Kanro entity. At the same time, the funds are intended to support Ethereum ecosystem development, open-source software, research grants, privacy technology, and other initiatives during what he described as a period of “mild austerity” for the Ethereum Foundation. Recent activity included withdrawing 3,500 ETH from the Aave DeFi protocol before converting and selling portions, often into stablecoins such as GHO and USDC. While it is not uncommon for prominent crypto figures to move funds for liquidity, operational expenses, or charitable purposes, the timing of these sales has drawn attention from traders. Indeed, this comes as Ethereum’s broader trend remains under pressure, with the asset struggling to reclaim the key psychological level near $2,000. The recent series of sales by its co-founder comes as sentiment across the crypto market remains fragile, amplifying the impact of high-profile transactions on price action. Featured image via Shutterstock The post Vitalik Buterin goes on another Ethereum selling spree appeared first on Finbold .

23 Feb 2026, 11:39

IMX Technical Analysis 23 February 2026: Market Structure

IMX market structure reflects the LH/LL downtrend; a break of the $0.1603 swing low confirms bearish continuation, while BOS above $0.1769 confirms structural change. BTC downtrend creates addition...