NOM (Nomina) increased by 14.63% in the last 24 hours, with a market capitalization of approximately $25.6 million.

Meme coin massive sell-off draws attention: Does extreme pessimism signal a reversal in the crypto market?

February 14 News, recently the Meme coin market experienced a sharp sell-off, sparking widespread discussion among investors and analysts. On-chain data company Santiment pointed out that when most traders give up hope, the market often quietly prepares for a potential reversal. The current sell-off phase is highly similar to the bottom formation stage in historical cycles, and this extreme pessimism itself may be a signal. Santiment observed that Meme coin trading volume has decreased, social media discussions have turned negative, and speculative capital inflows have significantly reduced. Retail investors who once drove prices higher are mostly choosing to wait and see, which increases short-term downward pressure. However, long-term investors may be gradually accumulating at low levels. Historical experience shows that periods of market pessimism are often accompanied by smart money quietly positioning itself, laying the foundation for subsequent gains.

Solana Price Faces Bearish Pressure with $57 Fibonacci Extension in Sight

Key Insights: Solana’s price faces a bearish shift after losing key support, with $170 now acting as resistance. Low-volume bounces signal weak demand, leaving Solana vulnerable to further downside pressure. The $57 Fibonacci extension could become a critical zone for Solana’s price

Cryptocurrency Market Rebounds Amid U.S. Government Shutdown: Bitcoin, Ethereum, XRP, and Solana Rise Simultaneously

February 14 News, the United States experienced a partial government shutdown due to the failure to pass the budget on time. However, against the backdrop of increasing political uncertainty, the cryptocurrency market defied the trend and rose. Mainstream assets such as Bitcoin, Ethereum, XRP, and Solana showed significant rebounds, driving the overall market capitalization to recover. Market data shows that in the past 24 hours, the total market value of cryptocurrencies increased by nearly 5%, reaching approximately $2.38 trillion. The previous weeks of volatility and decline had kept many investors on the sidelines, but this round of rebound has injected new activity into the market. Although some analyses had predicted that the shutdown would increase selling pressure, the actual trend has contrasted with those expectations.

Solana rebounds back above $80, technical signals diverge, indicating two possible paths at $88 and $50

On February 14, news reports indicate that as the crypto market experienced a short-term rebound, Solana (SOL) surged approximately 10% on Friday, briefly breaking through the $85 mark and regaining the critical $80 zone. Over the past week, SOL has fluctuated between $78 and $88, with the lowest point during the recent correction touching $67. This rebound is seen as a technical correction following the recent breach of support levels. Market analysis firm Daan Crypto Trades pointed out that the $80 level has historically served as an important support and resistance point multiple times. Whether this level can hold is key to determining if the short-term structure is turning bullish. Analyst Ali Martinez believes that if buying momentum continues, the price could test the short-term resistance at $88. A breakout above this level could pave the way for a renewed challenge of the $90 to $96 range, which corresponds to the previous low in April 2025.

CPI below expectations boosts Bitcoin prices, BTC firmly holds $70,000 but the bulls and bears are in increased tug-of-war

February 14 News, the latest U.S. Consumer Price Index (CPI) was 2.4%, below market expectations of 2.5%, providing a short-term boost to risk assets. Bitcoin subsequently strengthened, closing the day up 3.93%, marking its largest single-day gain in two weeks. However, despite the rapid rebound, BTC remains below a key resistance zone, and market opinions are divided on whether the rally can continue. Earlier, the U.S. released employment data that exceeded expectations, indicating that the labor market remains resilient. This has sparked intense discussions about the pace of interest rate cuts. Some investors believe that an overheating economy will force the Federal Reserve to delay its easing cycle; meanwhile, the decline in CPI temporarily eased inflation concerns, restoring confidence among bulls.

Bitcoin NUPL drops back into the "Hope/Fear" zone: 0.18 reading signals a shift in market sentiment

February 14 News, on-chain metrics show that Bitcoin's Net Unrealized Profit/Loss (NUPL) has recently fallen sharply to 0.18, sparking market attention to sentiment shifts and price trends. On-chain analysis firm Glassnode pointed out that this level is within its "Hope/Fear" zone, indicating that the network as a whole remains profitable, but its advantage has significantly weakened. NUPL is used to measure the unrealized profit and loss of all network investors. It is calculated by comparing the price at which each Bitcoin was last moved to the current spot price: above the current price indicates unrealized profit, below indicates unrealized loss. After aggregating this difference across the entire network, dividing by the market capitalization reflects the proportion of net profit or loss held by holders.