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Conclusion:

Bitcoin and Crypto Market Analysis

Bitcoin (BTC): $99,267.22 (+4.65%)

Ethereum (ETH): $2,793.76 (+8.16%)

Market Volatility: The crypto market witnessed volatility due to Trump’s “tariff on/off” policy. First BTC fell to $91,000, then reached $100,000, and now it is back to $98,000 after China’s retaliation.

US-China Trade Tensions: If a deal is reached between the US and China, BTC and other cryptos are expected to rise further.

Altcoin Performance: XRP, SOL, DOGE, ADA and LINK saw significant gains.

Other Financial Markets Overview

Gold: $2,814.16/oz (-0.16%)

Silver: $31.65/oz (+0.18%)

US Dollar Index (DXY): 108.57 (-0.39%)

US Stock Market:

Dow Jones (DJIA): 44,421.91 (-0.28%)

S&P 500: 5,994.57 (-0.76%)

Nasdaq: 19,391.96 (-1.2%)

Technical Analysis

Bitcoin’s chart is showing a “stair-step” pattern, with the price first rising, then consolidating for a while, and then moving to new highs.

If Bitcoin maintains stability between $90,000 and $110,000, it could be poised for a breakout.

SOL, DOGE, ADA, and LINK are heavily shorted, which could lead to further gains.

Important News and Announcements

February 5: Boba Network will upgrade Ethereum L2 mainnet.

February 6: Shinto Chain network upgrade (v2.14.0).

February 13-14: NFT Paris conference.

Attention Big Investors: Trading Trump's "TRUMP" meme coin earned $100M in fees, but saw a 75% decline.

Conclusion

1. The crypto market is currently being affected by trade tensions, if a US-China deal is reached, Bitcoin and other cryptos may rally further.

2. Bitcoin price is consolidating between $90,000 and $110,000, which could signal a move higher.

3. Altcoins (especially SOL, DOGE, ADA, LINK) could see further gains, especially if there is a short squeeze.

4. The US stock market is bearish, while crypto and commodities (such as gold and silver) are seeing mixed trends.

Caution is required when trading, as severe market volatility is expected.