{"id":94344,"date":"2026-02-17T10:06:14","date_gmt":"2026-02-17T07:06:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94344"},"modified":"2026-02-18T10:57:55","modified_gmt":"2026-02-18T07:57:55","slug":"matrixport-observes-waning-bitcoin-selling-pressure","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/matrixport-observes-waning-bitcoin-selling-pressure\/","title":{"rendered":"Matrixport Observes Waning Bitcoin Selling Pressure"},"content":{"rendered":"<p>Sentiment in the cryptocurrency market has plummeted to extreme lows, potentially leading to the formation of a &#8220;durable bottom&#8221; and a reduction in selling pressure, according to analysts at Matrixport.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udccaToday\u2019s <a href=\"https:\/\/twitter.com\/hashtag\/Matrixport?src=hash&#038;ref_src=twsrc%5Etfw\">#Matrixport<\/a> Daily Chart \u2014 February 17, 2026 \u2b07\ufe0f<\/p>\n<p>Bitcoin Sentiment Hits Extreme Lows \u2070\u2014 Durable Bottom Are Emerging?<\/p>\n<p> <a href=\"https:\/\/twitter.com\/hashtag\/Matrixport?src=hash&#038;ref_src=twsrc%5Etfw\">#Matrixport<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CryptoMarkets?src=hash&#038;ref_src=twsrc%5Etfw\">#CryptoMarkets<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MarketSentiment?src=hash&#038;ref_src=twsrc%5Etfw\">#MarketSentiment<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/FearAndGreed?src=hash&#038;ref_src=twsrc%5Etfw\">#FearAndGreed<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/RiskManagement?src=hash&#038;ref_src=twsrc%5Etfw\">#RiskManagement<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Volatility?src=hash&#038;ref_src=twsrc%5Etfw\">#Volatility<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CryptoResearch?src=hash&#038;ref_src=twsrc%5Etfw\">#CryptoResearch<\/a> <a href=\"https:\/\/t.co\/WxJg3xrHSf\">pic.twitter.com\/WxJg3xrHSf<\/a><\/p>\n<p>\u2014 Matrixport Official (@Matrixport_EN) <a href=\"https:\/\/twitter.com\/Matrixport_EN\/status\/2023581081598070966?ref_src=twsrc%5Etfw\">February 17, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts noted widespread pessimism among investors. Matrixport&#8217;s proprietary fear and greed indicator signaled stabilization: the 21-day <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-moving-average-and-how-is-it-used-in-crypto\">moving average<\/a> fell below zero and began to turn upwards.<\/p>\n<p>This shift indicates a depletion of sales. Historically, deep negative sentiment values have offered attractive entry points. However, analysts cautioned about the possibility of further price declines in the short term.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Given the cyclical relationship between sentiment and price dynamics, the market is likely approaching a turning point,&#8221; stated Matrixport.<\/em><\/p>\n<\/blockquote>\n<p>Similar metric readings were observed in June 2024 and November 2025 following sharp market downturns. The popular fear and greed index from Alternative.me also dropped to its lowest since June 2022 \u2014 10 points out of 100.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a07e84d8a156ba47-6528061327411877.webp\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2026-02-17 091705\" class=\"wp-image-275271\"\/><figcaption class=\"wp-element-caption\">Cryptocurrency Fear and Greed Index. Source: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Alternative<\/a>.<\/figcaption><\/figure>\n<p>If Bitcoin closes February in the red, the asset will record five consecutive losing months, marking the longest streak since 2018.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-ba18083c9c1ebfdc-6528087165642002.webp\" alt=\"image\" class=\"wp-image-275272\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coinglass.com\/today\">CoinGlass<\/a>.<\/figcaption><\/figure>\n<p>Frank Holmes, chairman of mining company Hive, pointed to the record oversold condition of the leading cryptocurrency. The asset is trading two standard deviations below its 20-day norm. In the past five years, this has occurred only three times.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/Q9X9UVKKko\">https:\/\/t.co\/Q9X9UVKKko<\/a><\/p>\n<p>\u2014 HIVE Digital Technologies (@HIVEDigitalTech) <a href=\"https:\/\/twitter.com\/HIVEDigitalTech\/status\/2023477498751922184?ref_src=twsrc%5Etfw\">February 16, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Historically, such extremes have favored short-term rebounds over the next 20 trading days,&#8221; explained Holmes.<\/em><\/p>\n<\/blockquote>\n<p>He added that he remains optimistic in the long term due to strong fundamentals, despite the current market jitters.<\/p>\n<p>Earlier, analysts at K33 Research suggested that Bitcoin&#8217;s drop on February 6 <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-tests-60000-support-triggering-billion%e2%80%91dollar-liquidations\">to $60,000<\/a> marked a local bottom before a consolidation phase. Standard Chartered allowed for a dip in digital gold <a href=\"https:\/\/forklog.com\/en\/news\/standard-chartered-predicts-bitcoin-drop-to-50000-before-rebound\">to $50,000<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sentiment in the cryptocurrency market has plummeted to extreme lows, potentially leading to a &#8220;durable bottom&#8221; and a reduction in selling pressure.<\/p>\n","protected":false},"author":1,"featured_media":94345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Sentiment in the cryptocurrency market has plummeted to extreme lows.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1146,1145,989],"class_list":["post-94344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-market-forecasts","tag-market-analysis","tag-matrixport"],"aioseo_notices":[],"amp_enabled":true,"views":"122","promo_type":"1","layout_type":"1","short_excerpt":"Sentiment in the cryptocurrency market has plummeted to extreme lows.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94344"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94344\/revisions"}],"predecessor-version":[{"id":94346,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94344\/revisions\/94346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94345"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}