@tarunguntnur.base.eth
Crypto weekly recap
This week in crypto (February 15-21, 2026) saw continued market consolidation amid broader risk asset stabilization, with Bitcoin holding around $68,000 after earlier dips and Ethereum trading near $2,000 in a bearish structure. On-chain metrics like negative MVRV ratios (-6% for BTC, -15% for ETH) signal limited downside risk and accumulation zones, though declining network activity (active addresses, transaction volume) raises concerns about utility.
Notable Events and Sentiment
tariff rollback (6-3 vote) eased macro pressures from April 2025, boosting long-term risk asset hopes despite muted short-term price reaction. Social sentiment neutralized for BTC/ETH (from bearish), with fading FOMO and rising “whales”/AI narratives; ETF volumes hit 2026 lows, often a contrarian bottom signal. Overall, markets eye U.S. data (income/spending) and RBA minutes for rate cut clues amid institutional selling vs. retail optimism divergence.