The post STRK Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com. STRK is trapped below the short-term resistance at 0.06$ and signaling in the oversoldThe post STRK Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com. STRK is trapped below the short-term resistance at 0.06$ and signaling in the oversold

STRK Technical Analysis Feb 1

STRK is trapped below the short-term resistance at 0.06$ and signaling in the oversold region with RSI 23. Strong buyer influx is expected at the main support in the 0.0498$ region, while 0.0605$ is critically important for an upside breakout.

Current Price Position and Critical Levels

STRK is positioned around 0.06$ within the general downtrend and showed a slight recovery of 2.60% in the last 24 hours. The price is trading below EMA20 (0.07$), giving a short-term bearish signal; the Supertrend indicator also marks resistance at 0.07$ in the bearish direction. A total of 9 strong levels were detected across 1D/3D/1W timeframes: 1 support/3 resistance on 1D, 2 resistance on 3D, 1 support/4 resistance confluence on 1W. This indicates downward pressure on the price, but the oversold condition with RSI 23 carries recovery potential. Volume is at a medium level of 53.50M$; the recent range narrowed between 0.05$-0.06$, increased volatility is expected.

Support Levels: Buyer Pools

Primary Support

The 0.0498$ level (score: 74/100) stands out as the strongest buyer region. This level coincides with a major order block on the 1W timeframe; it has been tested 3 times in the past with strong rejection, defended with volume increase. On 1D, low-volume wicks also point here, a liquidity collection area. Due to multi-timeframe confluence (1D/1W), aggressive buyer entry is expected if price pulls back here – potential reversal zone. It aligns with EMA50 (around 0.05$), near the POC (Point of Control) in the volume profile.

Secondary Support and Stop Levels

The 0.05$ range should be monitored as secondary support; this is the recent 24h low and short-term demand zone. However, the invalidation level triggers on a break below 0.0498$ – in this case, it could accelerate toward 0.04$ levels, deepening the downtrend. Stop-loss suggestion (for risk management): 1-2% buffer below primary support, e.g., 0.048$. High probability of liquidity hunt (stop hunt) below this level, where big players may expand their short positions.

Resistance Levels: Seller Pools

Near-Term Resistances

The nearest resistance at 0.0605$ (score: 60/100) is just above the current price and has been tested with recent wick rejections. Supply zone on 1D timeframe, rejected with volume; confluence near EMA20. Conviction candle (strong volume) is required for breakout – otherwise, short-term bounce remains limited. Supertrend resistance at 0.07$ reinforces it, this should be monitored as the first target.

Main Resistance and Targets

0.1375$ (score: 63/100) is the major resistance; strong breaker block on 3D/1W, showed failure to break in 4 past tests, defended with high-volume sell-offs. Upper level 0.1918$ (score: 60/100) coincides with 1W swing high and fib 0.618 extension – major liquidity pool here, main target for institutional shorts. Upside target 0.0990$ (score:42) as medium-term first target; offers R/R 1:2 potential for a measured move after 0.0605$ breakout. These resistances show strong bearish bias due to MTF resistance weight (7/9 levels resistance).

Liquidity Map and Big Players

Big players (smart money) may be collecting liquidity below the 0.0498$ support – ideal zone for stop-loss hunting. Above, equal highs/lows liquidity trap between 0.0605$-0.07$; high breakout fakeout risk. Order flow analysis: Created imbalance in recent drops targeting upper liquidity, now major pool above 0.1918$. Volume delta negative, seller dominance; however, buyers are accumulating with RSI divergence. Liquidity map indicates upside manipulation potential after downward sweep – stay cautious.

Bitcoin Correlation

BTC at 77,160$ level in downtrend (-0.79% 24h), Supertrend giving bearish signal; supports at 75,720$, 64,655$, resistances at 77,957$, 80,693$. Altcoins like STRK are highly correlated to BTC (%0.85+), if BTC slips below 75k, STRK tests 0.0498$ – cascade selling triggered. BTC breakout above 80k opens path to 0.0990$ for STRK, dominance drop supports alt rally. Key BTC levels: Break above 77,957$ is short-term positive for STRK, break below 75,720$ is bearish alarm.

Trading Plan and Level-Based Strategy

Level-based outlook: Bullish bias above 0.0605$ (target 0.0990$, stop 0.058$), buying opportunity below at 0.0498$ (target 0.0605$, stop 0.048$). Low leverage for STRK Spot Analysis, high R/R for STRK Futures Analysis. Risk management: Position risk 1-2%, wait for confluence (volume + MTF). This analysis is not investment advice; markets are volatile, do your own research. Retest confirmation required on breakouts – e.g., wait for 1D close above 0.0605$ for hold.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/strk-technical-analysis-february-1-2026-support-and-resistance-levels

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25
FCA, crackdown on crypto

FCA, crackdown on crypto

The post FCA, crackdown on crypto appeared on BitcoinEthereumNews.com. The regulation of cryptocurrencies in the United Kingdom enters a decisive phase. The Financial Conduct Authority (FCA) has initiated a consultation to set minimum standards on transparency, consumer protection, and digital custody, in order to strengthen market confidence and ensure safer operations for exchanges, wallets, and crypto service providers. The consultation was published on May 2, 2025, and opened a public discussion on operational responsibilities and safeguarding requirements for digital assets (CoinDesk). The goal is to make the rules clearer without hindering the sector’s evolution. According to the data collected by our regulatory monitoring team, in the first weeks following the publication, the feedback received from professionals and operators focused mainly on custody, incident reporting, and insurance requirements. Industry analysts note that many responses require technical clarifications on multi-sig, asset segregation, and recovery protocols, as well as proposals to scale obligations based on the size of the operator. FCA Consultation: What’s on the Table The consultation document clarifies how to apply rules inspired by traditional finance to the crypto perimeter, balancing innovation, market integrity, and user protection. In this context, the goal is to introduce minimum standards for all firms under the supervision of the FCA, an essential step for a more transparent and secure sector, with measurable benefits for users. The proposed pillars Obligations towards consumers: assessment on the extension of the Consumer Duty – a requirement that mandates companies to provide “good outcomes” – to crypto services, with outcomes for users that are traceable and verifiable. Operational resilience: introduction of continuity requirements, incident response plans, and periodic testing to ensure the operational stability of platforms even in adverse scenarios. Financial Crime Prevention: strengthening AML/CFT measures through more stringent transaction monitoring and structured counterpart checks. Custody and safeguarding: definition of operational methods for the segregation of client assets, secure…
Share
BitcoinEthereumNews2025/09/18 05:40
USD/INR edges lower as Indian Rupee gains on improving equity inflows

USD/INR edges lower as Indian Rupee gains on improving equity inflows

The post USD/INR edges lower as Indian Rupee gains on improving equity inflows appeared on BitcoinEthereumNews.com. USD/INR loses ground on Tuesday after two days
Share
BitcoinEthereumNews2026/02/10 12:37