📃 Feb 02, 2026 – ASIA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Down

In analyzing the cryptocurrency market, the data points to a mostly neutral but slightly downward trend due to recent price fluctuations and market sentiment. Notably, Bitcoin has experienced a decline in value, with a 30% crash reported recently, which significantly affects investor confidence and market stability. The recent price for Bitcoin stood at $78,893.19, reflecting a 6.52% drop, accompanied by a concerning trend in trading volumes. Ethereum has also seen similar bearish signals with price reductions, dropping to $2,450.76, marking a drop of 10.29% over a short period. The sentiment reflected by the volumes traded reveals a potential struggle among major cryptocurrencies to gather upward momentum.

Moreover, examining the Fear and Greed Indicators suggests that the market sentiment is leaning toward fear. As of the last analysis, the indicators showed values indicating a landscape filled with caution and concern among investors, which further substantiates the downward movement in prices. The high occurrences of negative keywords such as ‘sell-off’ and ‘panic’ in recent news coverage contribute to this troubling sentiment, underscoring a hesitation among traders.

The volume of transactions also mirrors this cautious approach. For example, Binance noted a substantial variation in volume, which reflects the hesitance to engage in new trades amidst fluctuating prices. As exchanges face regulatory scrutiny, such as the U.S. sanctions against exchanges linked to Iran, it adds another layer of complexity impacting trading behavior.

Anticipating the next eight hours, we can predict a continuation of this downward pressure unless a significant catalyst emerges. Whether through regulatory clarity or positive market news, shifts in sentiment will be crucial in rebuilding investor confidence and pushing back against fears fueling current market dynamics.

What is important

The current state of the cryptocurrency market reveals a cautious atmosphere as various cryptocurrencies face declining values and regulatory scrutiny. Recent data shows a significant downturn, particularly in Bitcoin and Ethereum, reflecting broader concerns among investors. Sentiment indicators suggest a trend toward fear, with high occurrences of negative keywords in news reports indicating underlying market anxiety. The trading volumes also illustrate a lack of engagement as traders evaluate market conditions before making further investments.

With ongoing developments, the implications for the future will depend heavily on external factors, including regulatory decisions and market reactions to global economic events. Understanding these dynamics will be essential for stakeholders navigating this volatile market.

Top 5 – Latest Headlines & Cryptocurrency News

👍 Regulation Turns Bullish: US Positioned as Global Hub for Crypto, DeFi, Derivatives
The article discusses the positive impact of regulatory developments on the U.S. cryptocurrency market.

👍 ´Stablecoin ordinance has taken effect´ – Hong Kong pushes for crypto regulation
Hong Kong has implemented a stablecoin ordinance as part of its broader initiative to regulate the cryptocurrency market.

👎 U.S. Sanctions Crypto Exchanges Linked to Iran
The U.S. has imposed sanctions on cryptocurrency exchanges that are allegedly linked to Iran.

👎 Weekend Round-Up: Tesla´s Bitcoin Losses, US Crypto Bill Progress, Bitcoin´s Downtrend And More
The article discusses various challenges in the cryptocurrency market, including Tesla´s losses related to Bitcoin.

👍 Why freelancers pick Digitap ($TAP) over $1.91 XRP: Solana deposits go live on $TAP today
Freelancers are increasingly choosing Digitap due to its favorable features.

Factors Driving the Growth – Market Sentiment

Analyzing recent sentiment reveals stark contrasts between positive and negative keywords in the cryptocurrency news. Positive sentiment is dominated by terms like ‘cryptocurrency’ and ‘bitcoin,’ indicating a sustained interest in these digital assets. However, a significant amount of negative keywords were also noted, particularly ‘sanctions’ and ‘sell-off,’ suggesting rising concerns that could impact market stability. The stark difference between the occurrences of positive and negative keywords showcases a landscape where excitement for cryptocurrency coexists with apprehension about regulatory issues and market dynamics, potentially shaping investor behavior in the short term.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
36cryptocurrency
14bitcoin
9xrp
8stablecoin
7crypto
6payments
6regulation
5bitstamp
5shiba inu
5solana

Negative Terms – Sentiment Analysis

OccurrencesKeyword
74bitcoin
20cryptocurrency
16ethereum
10market
7sanctions
7sell-off
6crypto
6loss
5crash
5panic

Crypto Investor Fear & Greed Index

The Fear and Greed Indicators for the cryptocurrency market highlight a phase of extreme fear among investors. With values ranging significantly in the lower thresholds, it underscores the prevailing caution in the market. The shift in sentiment towards fear is indicative of growing anxiety among traders, exacerbated by recent price declines across well-known cryptocurrencies. This sentiment can lead to heightened volatility, as fearful investors may act on impulse, selling off assets to mitigate perceived risks, which could further impact prices negatively. Investors should be aware that this atmosphere of fear may delay recovery and lead to more significant movements in the market as traders await clarity and potential catalysts.

DateValueVariationSource
2026-02-01 00:00:0014pt-6ptAlternative.me
2026-02-01 00:00:0020pt0ptAlternative.me
2026-01-31 00:00:0020pt4ptAlternative.me
2026-01-30 00:00:0016pt-10ptAlternative.me
2026-01-30 00:00:0026pt0ptAlternative.me
2026-02-01 05:00:0014pt-6ptBitcoinMagazinePro.com
2026-02-01 00:00:0020pt0ptBitcoinMagazinePro.com
2026-01-31 06:00:0020pt4ptBitcoinMagazinePro.com
2026-01-31 00:00:0016pt0ptBitcoinMagazinePro.com
2026-01-30 05:00:0016pt-10ptBitcoinMagazinePro.com
2026-01-30 00:00:0026pt0ptBitcoinMagazinePro.com
2026-02-01 00:00:0020pt0ptBitDegree.org
2026-01-31 00:00:0020pt-6ptBitDegree.org
2026-01-30 00:00:0026pt0ptBitDegree.org
2026-02-01 00:00:0018pt-8ptCoinstats.app
2026-02-01 00:00:0026pt0ptCoinstats.app
2026-01-31 00:00:0026pt-2ptCoinstats.app
2026-01-31 00:00:0028pt0ptCoinstats.app
2026-01-30 00:00:0028pt-10ptCoinstats.app
2026-01-30 00:00:0038pt0ptCoinstats.app
2026-02-01 00:00:0014pt-6ptMilkroad.com
2026-02-01 00:00:0020pt0ptMilkroad.com
2026-01-31 01:00:0020pt4ptMilkroad.com
2026-01-31 00:00:0016pt0ptMilkroad.com
2026-01-30 01:00:0016pt-10ptMilkroad.com
2026-01-30 00:00:0026pt0ptMilkroad.com

Bitcoin: Active Addresses

Recent data indicates a steady number of active Bitcoin addresses, though slight declines can be seen in certain indicators. For instance, the total addresses and those with zero balances show minimal fluctuation, suggesting a consistent base. However, active addresses experienced a marginal increase, indicating that use is steadily maintained despite current market volatility. This balance between active engagement and the apprehension reflected through an increase in zero balance addresses illustrates cautious usage patterns. Bitcoin advocates may interpret increasing active addresses as an underlying interest, though subdued in light of recent market developments. Understanding these dynamics can provide clues about crypto adoption trends amid existing market conditions.

DateAddressesVariationIndicatorSource
2026-02-01 23:00:001,460,280,9290.00%Total Addressesbitaps.com
2026-02-01 23:00:00618,5970.25%Bitcoin Active Addressesbtc.com
2026-02-01 23:00:00540,7330.00%Addresses with over 0bitaps.com
2026-02-01 23:00:00219,4400.00%Addresses with over 0.0000001bitaps.com
2026-02-01 23:00:004,540,6130.00%Addresses with over 0.000001bitaps.com
2026-02-01 23:00:0011,658,4400.00%Addresses with over 0.00001bitaps.com
2026-02-01 23:00:0013,609,5860.00%Addresses with over 0.0001bitaps.com
2026-02-01 23:00:0011,700,6630.00%Addresses with over 0.001bitaps.com
2026-02-01 23:00:008,013,2830.00%Addresses with over 0.01bitaps.com
2026-02-01 23:00:003,460,3550.00%Addresses with over 0.1bitaps.com
2026-02-01 23:00:00824,5090.00%Addresses with over 1bitaps.com
2026-02-01 23:00:00131,8650.00%Addresses with over 10bitaps.com
2026-02-01 23:00:0017,5040.00%Addresses with over 100bitaps.com
2026-02-01 23:00:001,9630.00%Addresses with over 1,000bitaps.com
2026-02-01 23:00:00870.00%Addresses with over 10,000bitaps.com
2026-02-01 23:00:0040.00%Addresses with over 100,000bitaps.com

Crypto Assets Prices

The recent pricing trends for cryptocurrencies illustrate notable declines, particularly in Bitcoin, which has fallen to approximately $78,893.19, marking a significant drop of 6.52%. Similarly, Ethereum has dropped to $2,450.76, reflecting increasing concerns in the market. The volatility in pricing is further echoed in the 24-hour variations, which reveal that both volatile and uncertain market conditions persist. Price fluctuations, combined with decreasing volumes, paint a picture of hesitation among investors, suggesting that unless positive developments arise, this downtrend may continue. These price movements warrant close monitoring, as they could indicate broader trends affecting market sentiment and trader behavior in the near future.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2026-01-31 23:39:00Bitcoin78,893.19-6.52%-6.37-5.65%11.296.83%
2026-01-30 23:39:00Bitcoin84,038.28-0.81%-0.724.41%4.46-2.69%
2026-01-31 23:39:00Ethereum2,450.76-10.29%-9.48-5.24%20.6513.34%
2026-01-30 23:39:00Ethereum2,702.98-4.60%-4.241.86%7.31-2.09%
2026-01-31 23:39:00Binance Coin781.41-9.74%-9.01-7.73%14.7810.22%
2026-01-30 23:39:00Binance Coin857.54-1.33%-1.282.48%4.56-1.75%

Cryptocurrency Capitalization and Volume

The total market capitalization of major cryptocurrencies reflects a subtle downtrend, with significant reductions noted for Bitcoin and Ethereum among others. The most recent figures show Bitcoin’s market cap at around $1.57 trillion, with a capitalization variation of -6.44%. Ethereum follows suit with a market cap decrease of 9.41% recently. Binance Coin also observed a noteworthy decline. Such downward trends in capitalization indicate decreasing confidence in these assets and overall sector performance. As traders navigate these changes, key market players must be prepared for volatility in market capitalizations, especially if underlying sentiment does not improve.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2026-02-01 00:00:00Binance Coin106,359,097,788-9.00%2,664,161,06910.94%
2026-01-31 00:00:00Binance Coin116,880,995,228-1.23%2,401,490,341-28.40%
2026-01-30 00:00:00Binance Coin118,332,734,980-3.75%3,354,240,681178.45%
2026-02-01 00:00:00Bitcoin1,571,466,179,986-6.44%78,427,591,691-1.73%
2026-01-31 00:00:00Bitcoin1,679,711,083,150-0.61%79,805,109,97611.77%
2026-01-30 00:00:00Bitcoin1,690,102,374,778-5.11%71,400,761,26456.90%
2026-02-01 00:00:00Ethereum295,385,530,939-9.41%48,715,389,13214.27%
2026-01-31 00:00:00Ethereum326,072,935,309-4.21%42,632,448,6928.87%
2026-01-30 00:00:00Ethereum340,403,729,477-6.16%39,158,284,66771.34%
2026-02-01 00:00:00Ripple100,056,036,831-5.13%6,119,288,71523.25%
2026-01-31 00:00:00Ripple105,468,345,030-4.01%4,964,818,9158.37%
2026-01-30 00:00:00Ripple109,872,017,469-5.36%4,581,212,277101.17%
2026-02-01 00:00:00Tether185,176,206,772-0.22%139,386,807,4247.12%
2026-01-31 00:00:00Tether185,575,231,8060.01%130,122,355,64914.41%
2026-01-30 00:00:00Tether185,564,485,569-0.26%113,732,645,16749.94%

Cryptocurrency Exchanges Volume and Variation

In recent trading data, major exchanges such as Binance and Coinbase have reported fluctuating volumes, reflecting varying levels of engagement from traders. Binance’s trading volume has shown a slight increase in the latest report, but was still low compared to previous trading days. Similarly, exchanges like Bybit and Crypto.com are contending with changes in trading dynamics, mirroring the overall bearish market sentiment. Variations in performance across exchanges point to a marketplace that is grappling with investor confidence and a cautious trading atmosphere. Monitoring volumes on these platforms can provide insights into broader market directions as traders respond to changing economic variables.

DateExchangeVolumeVariation
2026-02-01 00:00:00Binance249,89012.61%
2026-01-31 00:00:00Binance221,914-19.29%
2026-01-30 00:00:00Binance274,948107.88%
2026-02-01 00:00:00Binance US5340.75%
2026-01-31 00:00:00Binance US5303.92%
2026-01-30 00:00:00Binance US51037.84%
2026-02-01 00:00:00Bitfinex8,6093.89%
2026-01-31 00:00:00Bitfinex8,287-2.15%
2026-01-30 00:00:00Bitfinex8,469104.27%
2026-02-01 00:00:00Bybit53,62313.11%
2026-01-31 00:00:00Bybit47,40717.26%
2026-01-30 00:00:00Bybit40,42927.49%
2026-02-01 00:00:00Coinbase43,77412.53%
2026-01-31 00:00:00Coinbase38,89913.27%
2026-01-30 00:00:00Coinbase34,34277.63%
2026-02-01 00:00:00Crypto.com56,3322.03%
2026-01-31 00:00:00Crypto.com55,21039.93%
2026-01-30 00:00:00Crypto.com39,45529.94%
2026-02-01 00:00:00Gate.io48,55113.97%
2026-01-31 00:00:00Gate.io42,59910.94%
2026-01-30 00:00:00Gate.io38,39832.90%
2026-02-01 00:00:00Kraken25,33813.38%
2026-01-31 00:00:00Kraken22,34710.58%
2026-01-30 00:00:00Kraken20,20848.26%
2026-02-01 00:00:00KuCoin62,54622.43%
2026-01-31 00:00:00KuCoin51,08739.33%
2026-01-30 00:00:00KuCoin36,66630.47%
2026-02-01 00:00:00OKX52,82238.17%
2026-01-31 00:00:00OKX38,22913.58%
2026-01-30 00:00:00OKX33,65771.87%

Mining – Blockchain Technology

The mining sector appears stable, with Bitcoin’s hash rate holding steady at about 965.81B, although slight variations were seen in recent days. The mining difficulty remains consistent at 141.67T, suggesting that miners continue to operate within a slightly tightening environment. Reward structures have stayed constant, with a consistent block reward of 3.13 BTC indicating stable mining returns despite fluctuating prices. The mining figures reflect resilience amid the price downturn, indicating miners’ commitment to sustaining operations. This environment underscores the need for miners to remain adaptable as market conditions shift unpredictably.

Item2026-02-012026-01-312026-01-302026-01-292026-01-282026-01-272026-01-26
Difficulty141.67T141.67T141.67T141.67T141.67T141.67T141.67T
Difficulty Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Blocks934.54K934.40K934.27K934.15K934.03K933.91K933.79K
Blocks Variation0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Reward BTC3.133.133.133.133.133.133.13
Reward BTC Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Hash Rate GB965.81B930.37B901.42B782.08B859.41B874.22B746.58B
Hash Rate GB Variation3.81%3.21%15.26%-9.00%-1.69%17.10%4.91%

Conclusion

The latest analysis indicates a neutral but slightly downward trend in the cryptocurrency market, primarily driven by declining prices for Bitcoin, Ethereum, and other major assets. A significant crash in Bitcoin price coupled with high occurrences of negative sentiment in the news is creating an atmosphere of caution among investors. The Fear and Greed Indicators suggest extreme fear dominating the landscape, leading to increased volatility and prompting traders to reevaluate their positions.

Despite these challenges, a steady number of active Bitcoin addresses conveys a degree of persistent engagement from users, hinting at ongoing interest in cryptocurrency amidst concerns. Additionally, the overall trading volume across major exchanges indicates hesitation rather than outright withdrawal from the market, reflecting a desire to monitor conditions closely before committing to new trades.

Consequently, market participants are advised to maintain vigilance over potential triggers that could lead to either recovery or further declines in prices. The upcoming eight hours will be crucial as they may reveal significant movements driven by sentiment shifts or reactions to external factors.

So What

Understanding the current state of the cryptocurrency market is vital for traders and investors alike. The evidence suggests a period of volatility influenced heavily by negative market sentiment and regulatory concerns. This cautious environment emphasizes the need for strategic decision-making, as traders may be inclined to sell off positions or delay new investments until clearer trends emerge. Recognizing when to act or hold back amidst fluctuating prices will be crucial in navigating potential losses.

Additionally, market participants should stay informed about news developments and regulatory changes, allowing for timely responses to influence trading decisions effectively. Engaging with the most pertinent information will enable stakeholders to better position themselves within this unpredictable market landscape.

What next?

Looking into the near future, the cryptocurrency market is poised for potential volatility as traders anticipate movement associated with both market sentiment and regulatory clarity. The prevailing fear could prompt further price adjustments, but as external variables stabilize, there’s an opportunity for recovery.

Investors may find it prudent to monitor initiatives from governments or influential market players that may alter the current trajectory. Positive regulatory news, as seen with Hong Kong’s stablecoin ordinance, or favorable market catalysts could invigorate trading activity and restore some confidence in the marketplace. Hence, the following hours will be critical in determining whether the market continues its downward trend or begins to show signs of resilience.

Disclaimer – Informational Content, Not Investment Advice

Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.

About the Author: CryptoTrends Team

With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.

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