hodler

22 Feb 2026, 16:20

Ethereum at a Crossroads: Trendline Tests Meet Corrective Bounce

Ethereum’s higher time frame charts now show two competing reads of the same move. One view tracks repeat rebounds from long term support, while another says the latest bounce still lacks structural confirmation. Ethereum weekly chart maps past 200% rebounds from trendline as price retests long-term support Donald Dean said Ethereum’ s recent structure fits a broader “bottoming process,” noting that prior runs lifted more than 200% from a rising trendline. His post points to two past advance phases on the weekly ETHUSD chart, each measured from a long-term ascending support line to the cycle highs. In both cases, price respected that trendline before launching higher, which frames the current pullback as another test of the same structural level. Ethereum Weekly Chart. Source: donaldjdean on X On the weekly chart, Ethereum has again revisited the rising trendline after rolling over from the latest cycle peak. The chart also marks a horizontal support band around the $2,000 area, where price previously paused and rebounded. Because that zone aligns with the trendline touch, it forms a confluence area that has mattered during prior resets within the broader uptrend. The volume profile on the right highlights nearby shelves beneath current price, which show where trading previously concentrated. Those shelves often act as reaction zones when price trades into them. Therefore, the setup centers on whether Ethereum stabilizes around the trendline and nearby support band, similar to prior cycles, or whether price pushes through that area and shifts the longer-term structure. More Crypto Online says ETH bounce stays corrective as chart holds a critical decision zone More Crypto Online said Ethereum sits in a technically critical area after a liquidation driven flush. That makes the setup important to watch. However, the post does not treat it as bullish by default, because the rebound that followed still looks corrective rather than impulsive. Ethereum Technical Structure Chart. Source: More Crypto Online on X The analyst said the bounce has not shown clear strength or a structural shift. In that view, Ethereum has not produced evidence of a durable bottom yet. The chart framing keeps the focus on market structure, not on a single green candle. More Crypto Online also highlighted relative weakness versus Bitcoin. They said ETH typically leads during strong phases. Instead, ETH has lagged while the ETHBTC pair trends lower, which supports the underperformance argument. Even if Ethereum rallies further, the analyst said the first assumption remains a B wave. They described B waves as tricky because they can look convincing and then fully retrace before the prior move resumes. Therefore, the post treats upside as potentially deceptive until structure confirms a real change. To flip the view, More Crypto Online said Ethereum needs a clean five wave advance, or at least a decisive break above the weekend high. Until that happens, the downside path remains the higher probability scenario in their framework, and they said they are watching the micro structure closely.

22 Feb 2026, 16:17

Bitcoin Hits “Generational” Sharpe Low as $66,190 Support Gets Tested

Bitcoin’s short term Sharpe ratio sank to near minus 38, a level CryptoQuant data linked to past cycle stress zones. Meanwhile, BTC hovered near $67,987 as chart watchers focused on a weekend micro support band between $66,190 and $66,946. Bitcoin short-term Sharpe ratio revisits historical stress zone Bitcoin’s short-term Sharpe ratio has fallen to an extreme negative level that CryptoQuant data and an analyst post on X linked to past cycle lows. The reading on the chart sits near –38, a zone the post described as historically rare and previously seen during periods when Bitcoin traded under heavy stress. Bitcoin Short Term Sharpe Ratio. Source: CryptoQuant The chart overlays Bitcoin’s price with the short-term Sharpe ratio and highlights similar extremes around 2015, 2019, and 2022. In each instance, the indicator dipped far below zero as short-horizon returns weakened and volatility rose. Then, price later recovered and eventually pushed to higher levels, which the analyst framed as a repeat pattern in risk-adjusted terms. This move lower in the Sharpe ratio follows a run-up into late 2024 and a cooling phase afterward. As price action slowed, volatility stayed elevated, so the risk-adjusted measure compressed quickly. Therefore, the metric slipped into the same band that earlier marked capitulation-style conditions on shorter time frames. The historical examples in the chart show the Sharpe ratio improving after those deep negatives, alongside a steadier price structure. However, the indicator tracks short-term risk-adjusted performance rather than confirming a full trend shift. As a result, the current signal shows stress in the short window, while the next direction still depends on how price and volatility develop from here. Micro support at $66,190–$66,946 frames short term BTC setup Bitcoin traded near $67,987 on a 15 minute BTCUSD index chart as analyst group More Crypto Online said price may be forming a B wave inside what they labeled white wave 2. The update framed the current move as a bounce phase after the recent drop, while the chart kept a downward sloping trendline overhead that price has started to challenge. Bitcoin 15 Minute BTCUSD Index Chart. Source: More Crypto Online More Crypto Online marked a micro support zone between $66,190 and $66,946 and said the white scenario remains the lead case as long as $66,190 holds. Because that band sits just below current price, it acts as the nearest buffer if BTC retraces during the weekend session. On the upside, the analyst set $68,304 as the first resistance level. The chart also showed a higher resistance box above, with Fibonacci references labeled around $68,304, $68,945, and $69,867, which clustered into a near term ceiling if price continues higher.

22 Feb 2026, 16:14

Crypto Market Erases 91% Post-Election Surge as Bitcoin Price Drops to 2024 Lows

The cryptocurrency market has rolled back to levels last seen in November 2024, effectively erasing the entire rally that followed Donald Trump’s victory in the U.S. presidential election. The Total3 indicator, which tracks the total crypto market capitalization excluding Bitcoin and Ethereum, surged 91% after the November 5, 2024 election. It climbed from roughly $600 billion to $1.16 trillion by December 2024. Today, Total3 stands at $713 billion, matching its November 10, 2024 level, when post-election optimism peaked. The Rally That Came Full Circle After reaching its December high, the market corrected to the $900 billion range before staging one final push to $1.13 trillion on January 18, 2025, just two days before Trump’s inauguration. Prices then moved sideways for most of 2025. In October, Total3 climbed to a new local high near $1.19 trillion. That breakout, however, quickly failed. A broad market collapse followed, breaking the upward structure and triggering a prolonged decline with no convincing recovery so far. The result is a complete retracement of the post-election expansion, a rare full-cycle reversal in less than a year. Bitcoin And Ethereum Lead The Pullback Bitcoin fell more than 50% from its October peak to lows below $60,000 before recovering to around $68,000. Ethereum declined approximately 60% from its all-time high near $5,000, recorded in August 2025. While Bitcoin has shown relative resilience, both assets reflect a broader contraction in risk appetite across the crypto sector. Fear Returns To Extreme Levels Investor sentiment has deteriorated sharply. The Crypto Fear and Greed Index currently stands at 9, placing it firmly in the “extreme fear” zone. On February 5, the index briefly dropped to 5, the lowest reading of the current cycle. Historically, readings below 10 have occurred only three times: during the March 2020 pandemic crash, after the collapse of Terra (LUNA) in 2022, and now. Following Trump’s 2016 election victory, Bitcoin also experienced a sharp rally that was later followed by a multi-month pullback before the next sustained advance began. Whether the current setup represents another reset before continuation, or the start of a deeper structural downturn remains the key question for investors. For now, the data is clear: the crypto market has erased its election-driven gains, volatility has returned, and sentiment has fallen to historically rare levels.

22 Feb 2026, 16:04

CC Comprehensive Technical Analysis: February 22, 2026 Detailed Review

CC maintains its overall uptrend while consolidating at $0.16 with short-term bearish signals. Support $0.1540, resistance $0.1633 critical; BTC downtrend increases risk.

22 Feb 2026, 15:54

Japan’s SBI Launches ¥10 Billion On-Chain Bond With XRP Rewards

Japan’s financial group SBI Holdings announced it will issue a ¥10 billion ($64.5 million) blockchain-based bond aimed at individual investors, blending traditional fixed-income features with digital asset incentives. The bonds, branded SBI START Bonds, will be managed entirely on the blockchain using BOOSTRY’s “ibet for Fin” platform rather than through conventional securities settlement systems. This move marks one of the first large-scale retail bond issuances onchain in Japan’s regulated financial market. The three-year bonds are scheduled to price on March 10 and issue on March 24, with interest paid semiannually at an indicative annual rate of 1.85 % to 2.45 %. Investors must subscribe for at least ¥100,000 (about $650) through SBI VC Trade, SBI’s cryptocurrency trading platform, to qualify for the full set of benefits. Secondary trading of the bonds will begin on March 25 on the Osaka Digital Exchange’s proprietary “START” trading system. XRP Reward Structure and Investor Requirements In addition to regular interest, bondholders will receive rewards in XRP, the digital token associated with the XRP Ledger. Eligible investors receive ¥200 worth of XRP per ¥100,000 invested at issuance and on each interest payment date through 2029. The XRP rewards are tied to the investor’s subscription amount and disbursements follow the bond’s interest schedule. To participate, investors must hold an account with SBI VC Trade and meet standard verification requirements. The inclusion of XRP aims to attract crypto-interested investors and provide exposure to digital assets within a regulated, fixed-income product. This structure also serves as a potential customer-acquisition strategy for SBI’s broader crypto platform. Strategic Context and Market Implications SBI Holdings has long supported blockchain technology and XRP through partnerships, including a partnership with Ripple Labs that dates back to 2016 and ongoing involvement in stablecoin and remittance initiatives. The issuance of these tokenized bonds reflects a broader trend of integrating digital assets into regulated financial products in Japan. Analysts say the offering could deepen engagement with the crypto ecosystem while maintaining familiar fixed-income characteristics for conservative investors. The bond’s success will likely be measured by investor uptake and secondary-market trading activity once it begins later in March. As a hybrid of traditional finance and crypto incentives, the issuance may influence future tokenized financial products in the region.

22 Feb 2026, 15:44

TON Technical Analysis February 22, 2026: Support Resistance and Market Commentary

In the TON daily analysis, the downtrend continues at the 1.34 dollar level, with critical support at 1.3205 being tested. While MACD gives a positive signal, BTC correlation is increasing risks; a...