Bitcoin Bounces Back From 60K Crash While Ethereum Struggles in Volatile Crypto Week

Blockchain Investing Strategies: Cryptocurrency Trading Guide podcast. Hey folks, Crypto Willy here, your go-to buddy for all things blockchain, crypto trading, and stacking those sats like pros. This week leading up to February 7, 2026, has been a wild rollercoaster in the markets—think massive sell-offs, epic rebounds, and traders sweating every tick. Let's dive into the key updates and strategies to keep your portfolio from getting rekt. Bitcoin kicked off the chaos with a brutal Thursday plunge below $60,000—its lowest since October 2024—wiping out $2.6 billion in liquidations and erasing gains from the late-2024 post-election rally, per Finbold and DL News reports. Blame risk-off vibes, spiking Treasury yields, macro uncertainty, and heavy U.S. spot Bitcoin ETF outflows. But Friday? BTC roared back above $70,000, hitting $68,314 with a 3% daily pump and $90 billion in volume, its biggest gain since early 2023. Polymarket odds now peg $75,000 as the top call at 54% probability by month-end, with $60,000 at 42%—consolidation city, not moonshot time. Experts at DL News say the bottom's in, backed by Nasdaq's 2% bounce and tech equities rallying. Ethereum? Ouch—ETH crashed to $2,111 after a steep drawdown, stuck in a downtrend with negative CMF outflows and bearish DMI, as Crypto.news details. Four-hour MACD flipped green for a corrective pop, but daily charts scream lower highs and lows—no $3,000 reclaim this February without volume at $2,450+. Analyst Leshka on Crypto.news spots 3x-4x upside in six months from supply squeezes, but first, endure the de-risking. Shiba Inu jumped alongside BTC's rebound, per Coinpaper. Broader scene: Binance Square warns of unilateral declines, BTC breaking $73,000 support, ETH at 9-month lows—fear index at 18, Fed rate-cut hopes dashed for 2026. Kalshi traders bet 58% on BTC sub-$60,000 this month, per Fortune. Trump's Fed chair pick, Kevin Warsh—the ex-Governor and inflation hawk with pro-crypto nods—added jitters. Trading strategies, pals? Short-term: Wait-and-see or cautious shorts—BTC support at $70,000-71,000, ETH $2,070; zero leverage, positions under 5%, per Binance. Medium-term: Batch-buy on dips (1% per 5% drop) post-bottom divergence, eye Powell's February 6 speech and jobless claims data. Watch ETF inflows flip positive and fear index climb past 25 for green lights. Whew, volatile week, but opportunities lurk in the fear. Thanks for tuning in, crew—catch you next week for more alpha. This has been a Quiet Please production—for me, check out Quiet Please Dot A I. Stay stacked! Get the best deals https://amzn.to/3ODvOta