Bitcoin’s price rose 6.7% on Wednesday to $72,379, influenced by easing tensions between the US and Iran and falling oil prices. Investor risk-avoidance sentiment eased, driving crypto and traditional assets to rise in tandem. Technical indicators show strong upward momentum for Bitcoin; if it breaks through $74,500, it could further test the $76,000 or $80,000 targets.

Hyperliquid ecosystem token HYPE has broken through a symmetrical triangle, with the price around $39.7, and the technical target pointing to $52.27. Despite the price increase, capital flow indicators show net outflows, affecting the sustainability of the move. The key short-term support level is $38.42, and a breakout above $42.66 is required to continue the upward trend. If capital flows recover, it may enhance bullish confidence.

XRP price has recently rebounded by approximately 4%, approaching a breakout of a key technical pattern. The market is watching to see if it will break through the upper boundary of the symmetrical triangle, with a potential target price of $2.06. Although the growth in stablecoin supply has boosted market sentiment, outflows of institutional funds warrant caution. The current trend still requires close monitoring.

Dogecoin (DOGE) price is approaching a breakout from the symmetrical triangle pattern, with recent gains reaching 17%. The market is optimistic about its future upward movement, but spot ETF participation remains subdued, and institutional investors remain cautious. The contrast between retail enthusiasm and institutional attitude makes the future trend uncertain.

Gate News Bot Message, February 11th, according to CoinMarketCap data, as of press time, MON (Monad) is currently trading at $0.01937038, up 6.75% in the past 24 hours, with a high of $0.02116249 and a low of $0.01614992. The 24-hour trading volume reached $160 million. The current market capitalization is approximately $210 million, an increase of $13.3 million from yesterday. Monad is a next-generation high-performance EVM-compatible public chain, dedicated to breaking the impossible triangle of traditional blockchains. The chain offers 10,000 TPS throughput, sub-second finality, low transaction fees, and scalable decentralization features. MON is fully compatible with EVM at the bytecode level, supporting Solidity contracts, EVM addresses, infrastructure,

Renowned trader Peter Brandt analyzes the ETH chart pattern, showing a symmetrical triangle formation, and the total cryptocurrency market cap is expanding in a right-angled manner, indicating that the bulls need to break through to dominate the market, while similar patterns in history often signal volatility or decline. He predicts that Bitcoin will bottom out and rebound from August to October and rise.

January 29 News, Ethereum (ETH) once again fell below the $3000 mark, with the current price hovering around $2940, down more than 14% from the previous peak of approximately $3400. Technical analysis shows that sellers have built a strong resistance zone above $3000, and the price still faces downside risks in the short term. This round of correction occurs against the backdrop of intertwined macro and geopolitical factors. The Federal Reserve kept interest rates unchanged at this year's first policy meeting, while tensions in the Middle East have boosted risk aversion sentiment, putting pressure on risk assets. ETH subsequently broke below a key support level and officially confirmed a downward breakout from the symmetrical triangle pattern.

Ethereum prices have recently been under continuous pressure. Against the backdrop of whale sell-offs and capital outflows, technical patterns are signaling a bearish outlook. Overall, ETH has been trading within a symmetrical triangle for several months, yet the price has failed to rebound effectively, raising concerns about further declines. Data shows that over the past week, Ethereum's price has fallen by approximately 2.5%, retreating more than 5% from this month's high. It is currently hovering around $3,100, nearly a 40% retracement from its all-time high. From a capital structure perspective, selling pressure mainly comes from high-net-worth addresses. Santiment data indicates that since mid-December last year, the number of addresses holding between 10,000 and 1 million ETH has been steadily decreasing, suggesting that whales are systematically reducing their holdings. Such behavior often amplifies market sentiment volatility and exerts psychological pressure on small and medium investors.

Bitcoin is currently in a highly sensitive technical zone. Analysts point out that if the key support level of the current bear market symmetrical triangle pattern is broken, Bitcoin (BTC) could experience a significant correction, with a price target potentially around $69,000. Crypto analyst Ali Martinez recently posted on X platform stating that Bitcoin must hold the lower boundary of the triangle pattern, or it will face continued bearish risk. From a technical analysis perspective, triangle patterns typically appear after strong trends, with prices converging and consolidating in the short term, ultimately continuing in the original trend direction. In a bear market triangle, this continuation often points downward.